In today’s trading session, the Indian stock market experienced a notable pullback, with key indices closing nearly 1% lower. The BSE Sensex fell by 668 points to close at 74,502.90, marking a decline of 0.89%, while the Nifty 50 slipped by 183.45 points, closing at 22,704.70, down by 0.80%. Both indices fluctuated within tight ranges throughout the day, with the Sensex moving between 74,454.55 and 74,986.22 and the Nifty ranging from 22,685.45 to 22,825.50.
BSE Sensex Index: TradingView
This downturn reflects broader concerns in the market, possibly triggered by domestic and international economic cues. Major stocks recorded losses today, while small-cap and mid-cap stocks showed gains. Let’s look at some of the top stock performance for the day.
Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services witnessed a decline in its stock price, closing at Rs 3,803.00, a drop of 0.96%. The stock fluctuated between an intraday low of Rs 3,800.00 and a high of Rs 3,848.90. Over the past year, TCS has seen its shares trade between Rs 3,156.00 and Rs 4,254.75. The company maintains a significant market capitalization of 13.77 trillion INR, reflecting its major role in the technology sector despite the day’s negative performance.
Infosys Ltd
Infosys Ltd also faced a downward trend, with shares declining by 0.82% to close at Rs 1,455.00. The company’s shares moved between Rs 1,450.00 and Rs 1,465.50 during the trading session. The annual price range for Infosys has been noted from Rs 1,262.25 to Rs 1,733.00. Despite the daily loss, Infosys maintains a strong market presence with a valuation of 6.01 trillion INR and an average trading volume of 6.92 million shares.
Hindustan Unilever Ltd
Hindustan Unilever saw its stock price decrease by 1.04%, closing at Rs 2,371.00. The stock’s day range was relatively narrow, from Rs 2,369.40 to Rs 2,395.00. Over the last 52 weeks, the stock has traded between Rs 2,172.05 and Rs 2,769.65. With a market capitalization of 5.57 trillion INR and a relatively high price-to-earnings ratio of 54.21, Hindustan Unilever remains a heavyweight in the consumer goods industry, despite the day’s setback.
Reliance Industries Ltd
Reliance Industries Ltd recorded a 1.08% fall in its stock price, closing at Rs 2,881.05. The shares traded between Rs 2,876.90 and Rs 2,916.00 throughout the session. The year’s trading range has been broad, from Rs 2,220.30 to Rs 3,024.90. With a market cap of 19.50 trillion INR and an average daily volume of 5.05 million shares, Reliance continues to be a pivotal player in multiple sectors, including telecommunications, energy, and retail.
HDFC Bank Ltd
The most substantial decline among the highlighted stocks was seen in HDFC Bank Ltd, which fell by 1.60% to close at Rs 1,506.00. The bank’s shares experienced a trading range from Rs 1,501.25 to Rs 1,523.85 during the day. Over the past 52 weeks, the stock has varied between Rs 1,363.55 and Rs 1,757.50. HDFC Bank, with a market capitalization of 11.46 trillion INR and a high trading volume averaging 15.12 million shares per day, highlights its significant role in the financial sector despite today’s negative price movement.
