Top gainers and losers: The Indian benchmark indices, SENSEX and NIFTY50, closed in positive territory on Thursday, July 2, as global crude oil declined after Qatar said indirect talks between the United States and Iran have progressed, easing concerns about potential disruptions to crude supplies in the Middle East, as per media reports.
Furthermore, a rally in IT stocks also supported the market.
The SENSEX rallied as much as 0.85% to hit an intraday high of 77,578.93. Meanwhile, the NIFTY50 touched the session’s peak of 24,194.55.
On July 2, the SENSEX advanced by 578.48 points, or 0.75%, to end at 77,502.12, while the NIFTY50 closed at 24,175.70, up by 169.85 points or 0.71%.
NIFTY50 top gainers and losers
The top gainers included Infosys (5.82%), Tech Mahindra (4.57%), HCL Technologies (4.56%), Tata Consultancy Services (4.45%) and Bajaj Finserv (3.42%).
On the flip side, Max Healthcare Institute (-1.05%), Larsen & Toubro (-0.87%), Axis Bank (-0.69%), Nestle India (-0.56%) and Reliance Industries (-0.47%) were among the other top losers.
NIFTY Midcap 100 top gainers and losers
The NIFTY Midcap 100 closed 0.48% or 299.10 points higher at 62,307.90 on July 2.
Exide Industries (7.45%), Persistent Systems (5.93%), MphasiS (5.68%), Coforge (5.20%) and Vishal Mega Mart (4.28%) were among the top winners.
On the contrary, the top laggards were Bharat Heavy Electricals (-2.77%), BSE (-2.64%), Page Industries (-1.63%), Vodafone Idea (-1.43%), and Multi-Commodity Exchange (-1.37%).
NIFTY Smallcap 100 top gainers and losers
NSE’s small-cap gauge, the NIFTY Smallcap 100, closed at 19,167.80, marking a 236.75-point or 1.25% increase.
The top gainers included Zensar Technologies (10.79%), Sona BLW Precision Forgings (7.35%), Tata Technologies (6.51%), IIFL Finance (5.72%), and Force Motors (5.66%).
Shares of Tata Technologies surged after the company said it has expanded its partnership with global automotive component manufacturer Tenneco. With the partnership, Tenneco is expected to invest $100 million in this engagement over the next five years.
On the other hand, Reliance Power (-2.17%), Karur Vysya Bank (-1.93%), RBL Bank (-1.76%), Triveni Turbine (-1.71%) and Netweb Technologies India (-1.64%) were among the top losers.