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Reading: Zomato and Maruti Shine, Power Grid and L&T Slide: NSE/BSE Gainers & Losers Today
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Market tumbles as tech giants lead decline; Zomato stocks shine
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Zomato and Maruti Shine, Power Grid and L&T Slide: NSE/BSE Gainers & Losers Today
Economy

Zomato and Maruti Shine, Power Grid and L&T Slide: NSE/BSE Gainers & Losers Today

February 1, 2025 2 Min Read
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Zomato Ltd., Maruti Suzuki India Ltd., Indian Hotels Company Ltd. (ITC Hotels), ITC Ltd., and Mahindra & Mahindra Ltd. were the top gainers in terms of share prices on Saturday.

On the other hand, HCL Technologies Ltd., UltraTech Cement Ltd., NTPC Ltd., Larsen & Toubro Ltd. (L&T), and Power Grid Corporation of India Ltd. were among the top losers.

The BSE Sensex closed marginally lower after a volatile trading session during the Budget session, with the Sensex ending at 77,505.96 and the Nifty settling at 23,482.15.

In terms of top gainers, Zomato led the way with a 7.17% surge to ₹236.15, followed by Maruti Suzuki which saw a 4.98% increase to ₹12,921.20. ITC Hotels and ITC Ltd. also saw gains of 4.71% and 3.33% respectively, while Mahindra & Mahindra gained 2.96%.

On the flip side, Power Grid was the biggest loser with a 3.71% drop to ₹290.65, followed by L&T which declined 3.36%. NTPC, UltraTech Cement, and HCL Technologies also saw decreases in their share prices.

The day’s gains were predominantly driven by the auto and FMCG sectors following the announcement of income tax relief in the Union Budget 2025-26, with tax exemption expected to boost consumption in these sectors.

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