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  1. Top gainers and losers on September 3: SBI Life, ICICI Bank and Bajaj Finserv among top NIFTY movers

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Top gainers and losers on September 3: SBI Life, ICICI Bank and Bajaj Finserv among top NIFTY movers

Upstox

2 min read | Updated on September 03, 2024, 17:28 IST

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SUMMARY

In the broader market, NIFTY Midcap indices closed higher by 0.25% while NIFTY SmallCap outperformed by rising up to 0.5%.Among sectoral indices, NIFTY consumer durables index rose the most by 1.31%, followed by financial services by 0.82% and NIFTY Bank by 0.42%.

Top gainers and losers On September 3: SBI Life, ICICI Bank and Bajaj Finserv among top NIFTY movers; check full list

Top gainers and losers On September 3: SBI Life, ICICI Bank and Bajaj Finserv among top NIFTY movers; check full list

Benchmark indices, NIFTY and SENSEX ended flat in a subdued session on Tuesday, September 3.

NIFTY50 eked out gains to close higher for a record 14th straight day as banking and insurance stocks advanced. The key index settled flat at 25,279, up 1.15 points.

BSE SENSEX ended its 10-day rising streak and closed marginally down by 4.4 points, or 0.01%, at 82,555, as profit-taking in metal, oil and pharma shares offset gains from the banking sector.

The key indices moved in a range in the day trade, gyrating between gains and losses amid weak global trends. NIFTY moved between a high of 25,321.70 and a low of 25,235.80 during the day. On the other hand, SENSEX oscillated between the day’s low of 82,400 and an intraday high of 82,675.

Global markets mostly traded lower as investors awaited a key report on US employment to be released later in the week.

In the broader market, the NIFTY Midcap indices closed higher by 0.25%, while the NIFTY SmallCap outperformed by rising 0.5%.

Among sectoral indices, the NIFTY consumer durables index gained the most by 1.31%, followed by financial services by 0.82% and NIFTY Bank by 0.49%.

On the other hand, the Media index fell the most by 1.44% dragged by ZEEL (3.52%) and SUN TV (1.55%).

SBI Life, Bajaj Finserv, ICICI Bank among lead NIFTY gainers

SBI Life was the biggest gainer among NIFTY shares, rising by 1.72% as experts sounded optimistic over life insurance shares. SBI Life shares hit a 52-week high of ₹1,936 in day trade before closing at ₹1,921.15 apiece on the NSE.
Bajaj Finserv rebounded from lows and closed higher by 1.4% at ₹1,866.25 apiece while ICICI Bank advanced 1.39% to settle at ₹1,247 per share.
HDFC Life also hit a 52-week high of ₹755.8 apiece in intraday trade and closed 1.24% higher at ₹754.85.

Bajaj Finance, ONGC lead losers

Bajaj Finance was the top loser among NIFTY shares, declining by 1.36% to ₹7,338.5 apiece amid profit taking. ONGC lost 1.33% to close at ₹321.85 apiece, while Infosys declined 1.2% to ₹1,940.9. Adani Ports and HCL Tech also closed lower by 1% each. JSW Steel, Bajaj Auto, Bharti Airtel and BPCL also dropped between 0.7% and 1%.

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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