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Top gainers, losers on October 21: Tata Consumer falls over 7%, Kotak Bank tumbles 4.7%
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2 min read | Updated on October 21, 2024, 18:59 IST
SUMMARY
Tata Consumer Products dropped the most among NIFTY shares, tanking 7% after its Q2 results. Kotak Bank was the second biggest loser after its mixed Q2 results as it declined 4.73%. Bajaj Auto emerged as the lead gainer, rising by 4.34% after its recent losses.
Stock list
Among NIFTY sectoral indices, Media, realty, IT, pharma, metal oil & gas, and PSU banks were lead losers
Benchmark indices SENSEX and NIFTY closed lower on Monday, October 21, due to losses in select private banks, IT and FMCG shares amid unabated FII outflows.
The 50-issue NIFTY declined by 72.95 points, or 0.29%, to settle at 24,781.1, as 37 of its constituents ended lower and 12 advanced. The index opened on a high note but failed to hold onto the momentum.
The barometer erased gains and fell to a low of 24,679.6 during the intraday trade. The index cut some of the losses in the closing session, helped by gains in auto shares.
The 30-share SENSEX closed lower by 73.48 points, or 0.09%, at 81,151.27, as 21 of its components declined and nine stocks gained. The index hit a low of 80,811.23 but last-minute value buying helped trim some of the losses.
Among NIFTY sectoral indices, Media, realty, IT, pharma, metal oil & gas, and PSU banks were lead losers while NIFTY Auto advanced.
The flight of FIIs from Indian markets and the Chinese central bank announcing a rate cut to boost the economy hit the sentiment in the domestic markets. China reduced its one-year and five-year Loan Prime Rates.
Tata Consumer, Kotak Bank lead losers after weak Q2 results
Bajaj Auto, HDFC Bank lead gainers
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