It was not a good start to the second week of October. The market tanked drastically today. Nifty 50 lost 141.15 points, 0.72% and all the sectors ended in the red.
Out of fifty stocks of Nifty 50, only seven managed to give some gains and end in the green. As the war between Israel and Hamas has aggravated, the global market has come under pressure, which is also felt in the domestic market.
NSE Top Gainer Stocks Today
Out of seven stocks that ended in the green, the top gainers today are –
| Stocks | Closing Price | Change | Change (%) |
| DRREDDY | 5,424.90 | 61.1 | 1.13 |
| HCLTECH | 1,237.70 | 11.6 | 0.94 |
| TATACONSUM | 874.75 | 4.9 | 0.56 |
| ONGC | 181.45 | 0.75 | 0.41 |
| HINDUNILVR | 2,499.40 | 8.6 | 0.34 |
- Dr. Reddy: This is the only stock with positive returns of over 1%. The pharma stock gained 1.13% and closed at 5486 from the previous day’s close of 5424.90. The stock lost significantly the last week but started picking up on Friday. The stock gained due to normal market movement, which it picked up from the last market session.
- HCL Tech: This IT Company has gained 0.94% today and is the second top gainer stock today. The market sentiment around IT stocks is a little mixed as IT companies release quarterly results. HCL Tech has also been hovering around the 1235 mark for the past few days.
- Tata Consumer Products Ltd.: This FMCG stock has gained around 0.56% today following the announcement of quarterly results and board meetings at the end of October. However, it is also the festive winds which is pushing the stock price upward a bit.
- ONCG: Amidst the Israel and Hamas war, when the crude prices are surging, the oil and gas company ONGC’s stock price goes up by 0.41%
- Hindustan Unilever: HUL, an FMCG company, has made some gains in today’s volatile and gloomy market. The stock price went up by 0.34% . The stock price surged because of the festive season and increasing demand for FMCG products.
Wrapping up
Today, the market is witnessing huge selling pressure across sectors as investors worry about the ongoing war and the geopolitical situation. Except for the healthcare sector, none of the sectors ended in the green, which is quite challenging for investors.
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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.