The markets extended loss and ended in the red for the second straight session. The Sensex fell 1,258 points, or 1.6%, closing the day at 77,965, while the Nifty declined 382.95 points, or 1.6%, ending at 23,621.80. ITC is among the top index losers followed by metals, power and select banks. However, some stocks saw significant gains despite the negative sentiment-
Here’s why these 5 stocks up in a falling market Apollo Hospitals
Apollo Hospitals is among the top gainers on the Nifty 50. It is up 1.7% at Rs 7,429.15. Hospital stocks have seen an uptick in prices as India reported 3 confirmed cases of HMPV. 2 of these cases have been confirmed in Karnataka and one was reported in Gujarat. Even other hospital stocks like Narayan Hrudalaya and Rainbow Children’s Medicare saw a sharp surge in trade today.
Tata Consumer Products
This FMCG play from the Tata Group held on to gains despite the weak market sentiment on Monday, rising 1.12% to end at Rs 950. The stock has rallied 5.6% in the last five trading sessions. It is among the few FMCG stocks that bucked the trend despite the 1.19% slide seen in the Nifty FMCG Index. As reported by Financial Express.com in December, the company plans to double the number of beverage vending machines to about 4,000 (from over 2,000 machines now) by the end of FY25. It is targeting the top six metros including Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Chennai and Pune for its vending business.
Also Read Concord Enviro shares slip 1.32% on BSE after 18% premium debut; Market valuation at Rs 1,700.51 crore Stocks To Watch: IndusInd Bank, Religare Enterprises, Reliance Power, ACME Solar Holdings, Mankind Pharma, RBL Bank, L&T Recent IPO listing price: Mobikwik, Sai Life Sciences surge over 50%; Vishal Mega Mart muted Tracking buzzing stocks: Tata Motors, Adani Enterprises among top gainers; PowerGrid, JSW Steel Among the Top Losers on December 24 – Check complete list here Titan
Titan closed the day with 0.72% gains at Rs 3476.5 after intra-day gains of over 2%. This is on the back of 23% year-on-year growth in Q3 FY25 business. According to the company, festive demand for the jewellery business remained healthy, with high single-digit growth in new buyers. The company’s plain gold segment grew 24% YoY while coin sales were up 48% YoY.
» Read More
