On Friday, Tata Steel Ltd., Bharti Airtel Ltd., Zomato Ltd., Mahindra & Mahindra Ltd. (M&M), and UltraTech Cement Ltd. were among the top gainers in terms of share prices.
Meanwhile, ITC Ltd., State Bank of India (SBI), Adani Ports and Special Economic Zone Ltd., Tata Consultancy Services Ltd. (TCS), and ICICI Bank Ltd. witnessed a decline in their share prices.
The BSE Sensex closed 0.25 per cent or 197.97 points lower at 77,860.19, while the NSE Nifty ended 0.18 per cent or 43.40 points lower at 23,559.95 amid cautious sentiment following the RBI monetary policy announcement.
Tata Steel emerged as the top gainer, with a 4.34 per cent increase in share price to ₹138.30, followed by Bharti Airtel which rose by 3.60 per cent to ₹1,677.80. Zomato, M&M, and UltraTech Cement also recorded gains of 2.10 per cent, 1.86 per cent, and 1.45 per cent respectively.
On the other hand, ITC observed the biggest decline with a 2.38 per cent drop to ₹430.90, while SBI fell by 2.03 per cent to ₹737.05. Adani Ports, TCS, and ICICI Bank also ended lower by 1.44 per cent, 1.31 per cent, and 1.19 per cent respectively.
The day’s losses were attributed to profit-taking in banking, oil & gas, FMCG, and power stocks after the RBI monetary policy announcement. Foreign institutional investors (FIIs) continued to sell, adding to market caution.
