The domestic stock market has been returning to life as the crude prices are easing, even though the Middle East conflict is on. Nifty 50 advanced 97.35 points during today’s market session, which is 0.51% upside from yesterday’s close.
There are 36 Nifty gainers today, while 14 nifty losers. Gains have poured in from all the sectors, as far as the nifty gainers are concerned. With positive global market cues and calming down oil prices, the market seems to have positive sentiments this week.
Let’s see the Nifty top gainers and losers today
NSE Top 5 Gainer Stocks Today
| Stocks | Previous Day’s Closing Price | LTP | Change (%) |
| APOLLOHOSP | 4,887.00 | 5,148.00 | 5.34 |
| ADANIPORTS | 774.3 | 795 | 2.67 |
| EICHERMOT | 3,338.30 | 3,426.00 | 2.63 |
| TITAN | 3,201.50 | 3,277.00 | 2.36 |
| LTIM | 5,020.05 | 5,125.00 | 2.09 |
- Apollo Hospitals Enterprise Ltd.: This healthcare stock is first on the list of the Nifty gainers today. The stock gained 5.34% from yesterday’s close of 4887 and closed at 5148 today. The gains followed the announcement of the release of the Q2 results on 10 November 2023.
- Adani Ports: With oil prices calming down, this stock is rising. The stock gained around 2.67% during today’s market session to become the second top Nifty gainer of the day. The stock also gained significantly today after the company announced a 48% growth on a YoY basis for its cargo business.
- Eicher Motors: This auto stock is a top gainer for the second day in a row, today gaining 2.63% from its previous close at 3338.30 and today closing at 3426. The gains have been pouring in as the company announced a positive monthly business report on 1 November.
- Titan: After announcing an income growth of around 24% for the Q2FY24, Titan shares surged 2.36% during today’s market session to become the fourth Nifty gainers of the day. The stock closed at 3201.50 yesterday, while it went up to 3277 at the end of today’s session. The profits (PAT consolidated) increased by 10% on a YoY basis for the quarter ended on 30 September 2023.
- LTIM: This IT stock has gained 2.09% due to its positive market sentiment. This is the second day of rise for the stock this week, and today, it closed at 5125, up from yesterday’s close at 5020.05.
NSE Top 5 Loser Stocks Today
| Stocks | Previous Day’s Closing Price | LTP | Change (%) |
| BAJAJFINSV | 1,575.60 | 1,531.05 | -2.83 |
| SBILIFE | 1,343.50 | 1,326.10 | -1.3 |
| DRREDDY | 5,338.50 | 5,272.00 | -1.25 |
| INDUSINDBK | 1,461.20 | 1,449.00 | -0.83 |
| BAJFINANCE | 7,449.10 | 7,403.00 | -0.62 |
- Bajaj Finserv Ltd.: This financial service stock has been the top Nifty Loser for the day. The stock plummeted 2.83% today as the financial services sector performed poorly during the market session. However, the stock was in the green yesterday after its positive Q2 results announcements.
- SBI Life Insurance: Another financial services stock to be on the losers’ side of the Nifty losers and gainers is this insurance company. This stock dipped 1.30% from yesterday’s close of 1343.50 and finally closed at 1326.10 today. Change in its management, along with the sluggish movement in the financial services sector today, dragged the stock down primarily.
- Dr Reddy: This pharma stock dropped by 1.25% during today’s market session from 5338.50 of yesterday’s close. However, it posted a growth in its profits and revenue for the second quarter of FY24. The profits increased by 33% compared to the corresponding quarter of the previous financial year.
- IndusInd Bank: Again, a financial services stock on the list of Nifty losers. IndusInd Bank fell by 0.83% during today’s market session. The fall has been a result of the overall financial service sector’s negative movement during the day. However, the private sector bank has developed new products and services for the festive season.
- Bajaj Finance: After Bajaj Finserv, Bajaj Finance also fell by 0.62% during today’s session. This is the fifth Nifty loser today, which fell due to the overall adverse winds in the financial services sector and following the issue of preferential shares.
The entire market during the day had positive sentiments as all the sectors were in the green. However, the financial services performed sluggishly, and thus, most of the top nifty losers are from the same sector. The nifty gainers, on the other hand, were from different sectors, such as auto, FMCG, and healthcare, which depicts the overall positive headwind in the market today.
*Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. This article is for education purposes only and shall not be considered as recommendation or investment advice by Research & Ranking. We will not be liable for any losses that may occur. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BASL, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.
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.