Shares of SBI Life, Bajaj Finserv, Dr Reddy’s Laboratories, Trent, and Axis Bank were among the top gainers in the Nifty 50 pack, while BPCL, Britannia, Wipro, Hero Motocorp, and Asian Paints saw declines.
Pharma and banking stocks saw gains, while oil & gas, IT, and FMCG stocks slipped. The broader index traded in the green, with Sensex up 232.13 points or 0.31 percent to 74,061.04 and Nifty 50 up 70.50 points or 0.31 percent to 22,467.70.
SBI Life Insurance stock led the Nifty 50 gainers with a 3.55 percent increase to ₹1,434.75. Bajaj Finserv followed with a 3.46 percent gain at ₹1,870.05. Pharma major Dr Reddy’s Laboratories rose 3.03 percent to ₹1,141.5. Trent gained 2.39 percent to ₹5,142.5, and Axis Bank was up 2.23 percent to ₹1,032.75.
IndusInd shares moderated between ₹705 and ₹709 levels after positive remarks from RBI.
On the flip side, BPCL shares fell 2.13 percent to ₹258.777. FMCG major Britannia declined 1.74 percent to ₹4,645.85. IT stock Wipro dropped 1.65 percent to ₹259.65. Auto stock Hero Motocorp decreased by 1.51 percent to ₹3,475.95, and Asian Paints fell 1.18 percent to ₹2,205.
Shares of Maruti Suzuki slipped into the red after announcing a price hike of up to 4 percent effective from April 2025.
A total of 2,848 stocks were traded on the National Stock Exchange, of which 1,157 advanced and 1,610 declined. Among the Sensex pack, Samhi Hotels and Elgi Equipments soared 7 percent, while Firstsource Solutions, Senco Gold, and MTNL plunged over 7 percent.
The article was published on March 17, 2025.
