The stock market witnessed a rough ride today July 10th with both the Sensex and Nifty 50 touching new all-time highs before closing bearish. The Sensex surged to 80,481.36 before settling at 79,924.77, down 426.87 points or 0.53%. Similarly the Nifty 50 reached 24,461.05 before ending at 24,324.45 dropping 108.75 points or 0.45%.
Nifty 50 Index Daily Chart: TradingView
M&M emerged as the biggest loser among the top 10 stocks plummeting 6.69%. The stock opened at 2,930.00 hitting a similar high and a low of 2,697.90. Its last traded price (LTP) stood at 2,729.90 significantly below the previous close of 2,925.50.
Source: NSEIndia
Hindalco faced a 2.11% decline opening at 708.00 and fluctuating between a high of 712.10 and a low of 685.30. The stock’s LTP was 692.05 down from its previous close of 707.00.
Tata Steel saw a 2.10% drop, starting the day at 172.50 and ranging between 172.89 and 167.02. It closed at an LTP of 168.20, falling from the previous day’s close of 171.80.
TCS experienced a 1.77% decrease, opening at 3,983.70 and moving between 4,003.30 and 3,902.00. The IT giant’s LTP was 3,915.00, lower than its previous close of 3,985.50.
HCLTech declined by 1.63%, commencing at 1,531.10 and oscillating between 1,532.60 and 1,487.85. Its LTP settled at 1,506.10, down from the previous close of 1,531.10.
Hero MotoCorp saw a 1.40% fall, opening at 5,595.00 and ranging from 5,650.00 to 5,470.60. The stock’s LTP was 5,511.00, below its previous close of 5,589.15.
SBIN dropped 1.31%, starting at 860.10 and moving between 860.25 and 843.50. Its LTP was 850.05, lower than the previous day’s close of 861.30.
JSW Steel decreased by 1.21%, opening at 931.00 and fluctuating between 935.30 and 918.90. The stock’s LTP stood at 924.00, down from its previous close of 935.30.
Wipro fell 1.20%, beginning the day at 541.00 and ranging from 543.35 to 531.75. Its LTP was 534.50, below the previous close of 541.00.
Shriram Finance rounded out the top 10 losers with a 1.07% decline, opening at 2,793.95 and moving between 2,804.65 and 2,705.00. The stock’s LTP was 2,762.05, down from its previous close of 2,792.00.