The domestic stock market ended in green today, following two days’ fall. With the positive global cues and declining treasury yields in the US, the global market is on the rise, which has also positively affected the Indian market.
Today, the pharma, media, realty, and consumer durables sectors rallied and poured in some solid gains. Today’s top Nifty gainers and losers are from different sectors, not concentrated in one or two.
The broad equity market index Nifty 50 gained 0.45% today, with 30 stocks ending in green and 20 in red. The index closed at 19783.40, while yesterday, it closed at 19694. While it reclaimed its 19700 today, it also touched 19829.10, which means it surpassed the 19800 level.
Now, let’s look at the top nifty gainers and losers today.
Top 5 Nifty Gainer Stocks Today
| Stocks | Previous Day’s Closing Price | LTP | Change (%) |
| SBILIFE | 1,385.30 | 1,423.00 | 2.72 |
| HDFCLIFE | 652.4 | 667 | 2.24 |
| ADANIENT | 2,149.85 | 2,197.60 | 2.22 |
| HINDALCO | 497.3 | 506.55 | 1.86 |
| JSWSTEEL | 761.85 | 775.15 | 1.75 |
- SBI Life: Today, the top nifty gainer is this insurance company, which gained 2.72% and closed at 1423, up from its previous close at 1385.30. The company has decided to allot 1001161198 equity shares to its employees as ESOPs, costing Rs. 10 each.
- HDFC Life: Another insurer, HDFC Life, made it to the list of top nifty gainers today. It rose by 2.24% and closed at 667, up from its previous close at 652.40. This insurance company also announced ESOP last week, and its investors and board members’ meeting is due this week, which is probably increasing the stock’s price.
- Adani Enterprise: The third top nifty gainer is Adani Enterprise, gaining 2.22% during the market session. The closing price today was 2197.60, while it closed at 2149.85 yesterday. The gains started pouring in as the company announced the completion of the incorporation process of its wholly-owned subsidiary. It is the Mumbai Travel Retail Private Limited, commonly known as MTRPL. Another factor for the rise of this stock can be an upswing in the metals and mining sector.
- Hindalco: Another metal sector stock to be on the nifty gainers list, which gained 1.86% today following the surge in the metal sector as a whole. Moreover, the investor’s meeting is two days away.
- JSW Steel: Again, a metal and mining sector stock as the fifth top nifty gainer today. The stock price went up by 1.75% and closed at 775.15.
Top 5 Nifty Loser Stocks Today
| Stocks | Previous Day’s Closing Price | LTP | Change (%) |
| BPCL | 392 | 387 | -1.28 |
| TECHM | 1,211.80 | 1,202.00 | -0.81 |
| LTIM | 5,556.10 | 5,521.00 | -0.63 |
| NTPC | 251.05 | 249.75 | -0.52 |
| LT | 3,088.80 | 3,075.00 | -0.45 |
- BPCL: As the crude prices are again on the rise due to the market’s expectation of OPEC to cut down supply, this oil & gas company witnessed a sharp fall of 1.28% in its stock price during today’s market session. However, the company announced its board meeting on 29 November 2023, where it may also consider dividends.
- Tech Mahindra: This IT stock is on the list of nifty losers after a solid rally in the IT sector today. The stock lost 0.81% during the session. The company announced a collaboration with NEOM Tech and will incorporate a wholly-owned subsidiary to take care of technology and digital support.
- LTIM: Another IT stock in the list of top nifty losers today. The price dropped by 0.63% to Rs. 5521 from Rs. 5556.10 in the previous market session. There have been some changes in the senior management of the company. Ms Aditi Banerjee has been appointed as the firm’s Chief Business Officer.
- NTPC: This power stock has lost around 0.52% today and closed at 249.75, while the power sector was flat during today’s market session.
- LT: While today’s realty sector pushed the overall market upward, this stock lost around 0.45% and ended at 3075. However, the company bagged another significant order from the Middle East yesterday.
The sectoral movement has been the primary force behind most of today’s top nifty losers and gainers. In addition to that, upcoming results are also driving the market.
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I’m Archana R. Chettiar, an experienced content creator with
an affinity for writing on personal finance and other financial content. I
love to write on equity investing, retirement, managing money, and more.