Shares of Bharat Electronics (BEL), State Bank of India (SBI), ICICI Bank, Oil and Natural Gas Corporation (ONGC) and Larsen & Turbo (L&T) were among the top gainers of Nifty 50. On the other hand, Shriram Finance, Hindalco, Wipro, HDFC Life and Tata Motors traded as the laggards.
Even though the indices opened marginally higher, they traded flat as of 12.38 pm, erasing their early gains. The Sensex was at 74,027.97 and Nifty 50 stood at 22,446.25.
Bharat Electronics led the gainers after securing a new work order from the Indian Air Force worth ₹2,463 Crore. The stock gained 2.22 per cent to trade at ₹282.97. Following closely were SBI and ICICI Bank, with gains of 0.92 per cent and 0.80 per cent respectively. ONGC saw a slight increase of 0.70 per cent while L&T traded at ₹3,215.05 after receiving a large work order.
On the flip side, Shriram Finance saw a decline of 2.84 per cent, Hindalco fell by 1.90 per cent, and Wipro dropped by 1.38 per cent. HDFC Life and Tata Motors also experienced declines of 1.34 per cent and 1.32 per cent respectively.
Aarti Drugs, Angel One, Atul Auto, Hatsun, IDFC First Bank, and Mahindra Lifespace were among the 171 stocks that hit a 52-week low on the National Stock Exchange.
In the Sensex pack, MTNL rallied 13 per cent to ₹49.07, followed by Data Patterns, MRPL, SEPC, and DMart with gains of over 5 per cent. Meanwhile, stocks of PB Fintech, KEC, Gensol, and Bharat Forge experienced declines.
The market update was shared on March 13, 2025.
