With crude prices going up and down as OPEC delayed the crucial meeting, the global market is under pressure. On top of that, the Thanksgiving holidays in the US slowed the market down, affecting the global market.
On the domestic front, as quarterly results are almost out and the festive season has ended, the markets remained flat for the second day. Today, Nifty 50 dipped by 0.04%, closing at 19794.70 and breaching the 19800 mark again.
Only 17 went up the ladder out of its constituent stocks, while 33 stocks fell and ended in the red. Here are the top five nifty gainers and losers each for the session.
Top 5 Nifty Gainer Stocks Today
| Stocks | Previous Day’s Closing Price | LTP | Change (%) |
| ADANIENT | 2,175.25 | 2,250.00 | 3.44 |
| CIPLA | 1,170.65 | 1,196.25 | 2.19 |
| DIVISLAB | 3,688.50 | 3,760.00 | 1.94 |
| HINDALCO | 501.95 | 509 | 1.4 |
| ADANIPORTS | 793.1 | 801 | 1 |
- Adani Enterprise: Today, the top nifty gainer is this Adani Group company, which gained 3.44% during today’s session and closed at 2250, up from its previous day’s close at 2175.25. The company recently entered into an agreement with Elbit Systems Limited of Israel, where the latter will subscribe to a 44% stake in Atharva Advanced Systems and Technologies Ltd., a wholly-owned subsidiary of Adani Defence System and Technologies Ltd.
- Cipla: After a free fall during the previous market session, this pharmaceutical company made it to the top nifty gainers today with an increase in price of around 2.19%. The stock price went up after the company announced that it would uphold the quality of its products and comply with the guidelines and regulations.
- Divi’s Lab: Another pharma company on the list of nifty gainers today, which rose by 1.94% following the overall uptick in the pharma sector.
- Hindalco: This metals company is the second from its sector to be on this list of nifty gainers after Adani Enterprise today. The metal stock increased by 1.40% today following the announcement of its investors meeting on 29 November.
- Adani Ports: Another Adani Group company that went up the ladder today and ended in the green with an increase of 1%. The rise resulted from mixed market sentiments and cooling down crude prices.
Top 5 Nifty Loser Stocks Today
| Stocks | Previous Day’s Closing Price | LTP | Change (%) |
| WIPRO | 402.5 | 396 | -1.61 |
| TCS | 3,508.25 | 3,454.00 | -1.55 |
| HCLTECH | 1,329.00 | 1,308.40 | -1.55 |
| APOLLOHOSP | 5,493.95 | 5,408.70 | -1.55 |
| BRITANNIA | 4,705.80 | 4,642.00 | -1.36 |
- Wipro: After a few gaining sessions, IT stocks are again back in the red. Today, Wipro has been the top Nifty loser, which has shredded 1.61% from its previous day’s close of 402.50 and closed today at 396. Also, the NSE has asked for clarification for not preparing the quarterly results report according to the set format.
- TCS: The next is another IT company, which has lost 1.55% during the market session due to a fall in the IT sector.
- HCL Technologies: Another IT stock with the same 1.55% fall from yesterday’s price. Today’s stock closed at 1308.40, while the previous close was at 1329. The sluggish IT sector is one of the causes behind the fall of this stock, while its change of management is another reason behind the movement of the stock price today.
- Apollo Hospital: This healthcare stock also fell by 1.55% during the day and closed at 5408.70. The fall of this stock was probably due to the market sentiments, which were mixed and sluggish; however, the pharma and healthcare sectors went up today.
- Britannia: As the FMCG sector fell today, this FMCG stock lost 1.36%. The concern over crude prices and other missed sentiments have affected the stock mostly.
Wrapping up
Its sector dragged today’s market the most, followed by FMCG; however, the pharma and healthcare sector provided the required push. Thus, the stock market closed on a sluggish, flat note on the last Friday of the month.
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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
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