Nifty 500 Losers: Paytm Falls 10% To Hit Lower Circuit Again
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Benzinga – Friday’s trading session in the Indian stock market showcased a dynamic range of performances, with UCO Bank (NS:) leading the surge among the top gainers in the NIFTY 500 index, while UPL faced a significant downturn, marking it as the day’s biggest loser.
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UCO Bank stood out with a remarkable 14.24% increase, closing at ₹57.75.
Stock
Current Price
Last Close
% Change
UCO Bank
₹57.75
₹50.55
14.24%
Indian Overseas Bank (NS:)
₹62.65
₹56.15
11.58%
The New India Assurance Co. Ltd.
₹265.65
₹242.1
9.73%
MMTC (NS:) Ltd.
₹92.2
₹84.15
9.57%
General Insurance Corporation of India
₹408.65
₹377.2
8.34%
Indian Overseas Bank and The New India Assurance Co. followed with significant gains of 11.58% and 9.73%. MMTC and General Insurance Corporation of India also featured among the top performers with increases of 9.57% and 8.34%, respectively.
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Conversely, UPL Ltd (NS:). experienced a sharp decline of 11.18%, closing at ₹474.00.
Stock
Current Price
Last Close
% Change
UPL Ltd.
₹474.0
₹533.65
-11.18%
One97 Communications Ltd. (Paytm (NS:))
₹438.5
₹487.2
-10.0%
Bank of India (NS:)
₹138.6
₹151.55
-8.55%
Engineers India Ltd. (NS:)
₹244.25
₹261.35
-6.54%
Devyani International (NS:) Ltd.
₹162.25
₹173.0
-6.21%
Paytm and Bank of India also faced significant setbacks, with their stock prices dropping by 10.0% and 8.55%. Engineers India and Devyani International rounded out the list of top losers with declines of 6.54% and 6.21%, respectively.
The Indian benchmark indices closed lower, retracting from their intraday highs. The ended down 354.21 points or 0.49% at 71,731.42, while the closed down 82.10 points or 0.38% at 21,771.70. Consumer Durables, Financial Services, FMCG, and Banks were among the sectors experiencing significant losses. Additionally, broader markets saw a sell-off, with many indices closing in negative territory.
Read Next: If You Invested ₹10,000 In Tata Motors (NS:) A Year Ago, Here’s How Much You’d Have Today
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Benzinga – Friday’s trading session in the Indian stock market showcased a dynamic range of performances, with UCO Bank (NS:) leading the surge among the top gainers in the NIFTY 500 index, while UPL faced a significant downturn, marking it as the day’s biggest loser.
UCO Bank stood out with a remarkable 14.24% increase, closing at ₹57.75.
| UCO Bank | ₹57.75 | ₹50.55 | 14.24% |
| Indian Overseas Bank (NS:) | ₹62.65 | ₹56.15 | 11.58% |
| The New India Assurance Co. Ltd. | ₹265.65 | ₹242.1 | 9.73% |
| MMTC (NS:) Ltd. | ₹92.2 | ₹84.15 | 9.57% |
| General Insurance Corporation of India | ₹408.65 | ₹377.2 | 8.34% |
Indian Overseas Bank and The New India Assurance Co. followed with significant gains of 11.58% and 9.73%. MMTC and General Insurance Corporation of India also featured among the top performers with increases of 9.57% and 8.34%, respectively.
Conversely, UPL Ltd (NS:). experienced a sharp decline of 11.18%, closing at ₹474.00.
| UPL Ltd. | ₹474.0 | ₹533.65 | -11.18% |
| One97 Communications Ltd. (Paytm (NS:)) | ₹438.5 | ₹487.2 | -10.0% |
| Bank of India (NS:) | ₹138.6 | ₹151.55 | -8.55% |
| Engineers India Ltd. (NS:) | ₹244.25 | ₹261.35 | -6.54% |
| Devyani International (NS:) Ltd. | ₹162.25 | ₹173.0 | -6.21% |
Paytm and Bank of India also faced significant setbacks, with their stock prices dropping by 10.0% and 8.55%. Engineers India and Devyani International rounded out the list of top losers with declines of 6.54% and 6.21%, respectively.
The Indian benchmark indices closed lower, retracting from their intraday highs. The ended down 354.21 points or 0.49% at 71,731.42, while the closed down 82.10 points or 0.38% at 21,771.70. Consumer Durables, Financial Services, FMCG, and Banks were among the sectors experiencing significant losses. Additionally, broader markets saw a sell-off, with many indices closing in negative territory.
Read Next: If You Invested ₹10,000 In Tata Motors (NS:) A Year Ago, Here’s How Much You’d Have Today
Engineered by Benzinga Neuro, Edited by
Utkarsh Roshan
The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you.
Learn more.
Read the original article on Benzinga
