Shares of Bajaj Finance, Tata Consumer Products, HDFC Bank, Axis Bank and Shriram Finance traded among major gainers, while ONGC, Hindalco, Tata Steel, Tata Motors and Cipla dragged among Nifty 50 components.
The broader market slumped after Trump hinted at tariffs on pharma products, and heavy selling in metal, oil & gas and IT shares amid global cues. Sensex tumbled 779.26 pts or 1.02 per cent to 75,516.10 as at 12.40 pm and Nity 50 fell 293.55 pts or 1.26 per cent to 22,956.55.
Nifty metal index plunged over 5 per cent to 8,533.10 as at 12.26 pm, and pharma index traded 4.06 per cent lower at 20,554.25.
Of the total 2,835 stocks that were traded on the National Stock Exchange, only 554 of them advanced and 2,212 declined. Nearly 43 stocks including pharma major Dr Reddy’s Laboratories, Orchid Pharma, Cyient, Zydus Lifesciences and Bajaj Electricals hit 52-week lows.
Top gainers & losers
Shares of Bajaj Finance led the gainers with 1.73 per cent increase to ₹8,743.45.
Tata Consumer Products traded 1.78 per cent positive at ₹1,090.05.
HDFC Bank shares were up 1.72 per cent to ₹1,825.65 as its gross advances rose 4 per cent q-o-q in March 2025 and Axis Bank inched up 0.78 per cent to ₹1,098.30.
On the losing side, ONGC shares plunged 6.52 per cent to ₹227.45. Hindalco shares slumped 6.59 per cent to ₹609.65.
Tata Steel sank 6.18 per cent to ₹144.13. Auto major Tata Motors skid 5.61 per cent to ₹617.25 after CLSA downgrades.
Pharma major Cipla fell 5.30 per cent to ₹1,416.40. Shares of Laurus Labs, Ipca Laboratories, Granules, Lupin, Aurobindo Pharma and Gland Pharma plummeted 6-8 per cent.
While Kaveri Seed shares soared 7 per cent, leading the gainers on the BSE, shares of Garware Hi Tech, Strides Pharma, Markans and Aarti Pharmalabs swooped 9-15 per cent.
In addition, Mazagon Dock Shipbuilders sank 6.75 per cent to trade at ₹2,552.65, hitting an intraday low of ₹2,542, as the Centre plans to divest up to 4.83 per cent through an offer for sale.
Published on April 4, 2025
