Top Gainers & Losers Today (October 8, 2024): Trent, Bharat Electronics, SBI Life & Tata Steel Among Most Active Stocks!

Baishakhi Mondal

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Top Gainers & Losers Today: JSW Steel, LTI Mindtree & More โ€“ Discover the Most Active Stocks for September 30, 2024!

Today, we take a closer look at the performance of the stock market, highlighting the top gainers and losers for the trading session.

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Market Overview

The Nifty index wrapped up the trading day at 24,795.75, marking a noteworthy increase of 0.88%. Throughout the session, the index peaked at 25,044.0 and dipped to a low of 24,756.8. Similarly, the Sensex exhibited strong performance, fluctuating between 81,763.28 and 80,813.07, ultimately closing at 81,050.0. This reflects a gain of 0.72%, equating to an impressive rise of 584.81 points from its opening price.

Midcap and Small-Cap Performance

The Midcap index outshone the Nifty 50 today, as the Nifty Midcap 50 registered a considerable gain of 1.71%. Furthermore, small-cap stocks showcased even stronger performance, with the Nifty Small Cap 100 ending at 18,242.85, reflecting an increase of 374.8 points, or 2.05%.

Index Performance Over Time

The Nifty 50 has demonstrated various performance metrics throughout the past year:

  • Last week: -3.05%
  • Last month: +0.3%
  • Last three months: +2.84%
  • Last six months: +10.34%
  • Last year: +28.18%

Nifty Index Top Gainers and Losers Today

In today’s trading session, several stocks stood out in terms of performance. The top gainers within the Nifty index included:

  • Trent (up 7.95%)
  • Bharat Electronics (up 4.83%)
  • Adani Enterprises (up 4.73%)
  • Adani Ports & Special Economic Zone (up 4.67%)
  • Mahindra & Mahindra (up 3.45%)

Conversely, the primary losers for the day were:

  • SBI Life Insurance Company (down 3.35%)
  • Tata Steel (down 2.94%)
  • Titan Company (down 2.67%)
  • Bajaj Finserv (down 2.19%)
  • JSW Steel (down 2.02%)

Bank Nifty Performance

The Bank Nifty index concluded the day at 50,478.9, achieving an intraday high of 51,176.05 while touching a low of 50,466.0. This index has shown the following performance:

  • Last week: -3.6%
  • Last month: -0.2%
  • Last three months: -2.69%
  • Last six months: +5.01%
  • Last year: +16.25%

Summary of Top Gainers and Losers

Let us summarize the top gainers and losers from the trading session on October 8, 2024:

Top Gainers:

  • Mahindra & Mahindra (up 3.42%)
  • Reliance Industries (up 2.01%)
  • HDFC Bank (up 1.95%)
  • Larsen & Toubro (up 1.83%)
  • State Bank of India (up 1.59%)

Top Losers:

  • Tata Steel (down 2.89%)
  • Titan Company (down 2.59%)
  • Bajaj Finserv (down 2.27%)
  • Bajaj Finance (down 1.12%)
  • Tata Motors (down 0.89%)

Additional Gainers and Losers

Beyond the primary indexes, other noteworthy gainers included:

  • Dixon Technologies (India)
  • Indian Hotels Company
  • Max Healthcare Institute
  • Suzlon Energy
  • Vodafone Idea

On the flip side, the following stocks were identified as significant losers:

  • NMDC
  • PB Fintech
  • APL Apollo Tubes
  • Phoenix Mills
  • Hindustan Petroleum Corporation

Market Trends and Analysis

In today’s trading landscape, additional top gainers were recognized:

  • Housing & Urban Development Corporation
  • HFCL
  • Computer Age Management Services
  • Tejas Networks
  • Indiamart Intermesh

In contrast, considerable losses were noted among:

  • Sonata Software
  • Blue Star
  • R R Kabel
  • National Aluminium Company
  • Shyam Metalics & Energy

Final Thoughts on Today’s Market Movement

As we conclude our market review, we note some significant performers:

Top Gainers:

  • Varun Beverages (up 8.88%)
  • Housing & Urban Development Corporation (up 8.87%)
  • Saregama India (up 8.44%)
  • Rail Vikas Nigam (up 8.15%)
  • HFCL (up 8.11%)

Top Losers:

  • EIGHTY JEWELL-MT (down 4.84%)
  • NMDC (down 4.24%)
  • SBI Life Insurance Company (down 3.07%)
  • Tata Steel (down 2.89%)
  • Brigade Enterprises (down 2.80%)
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