Share prices of Nestle India Ltd, Hindustan Unilever Ltd (HUL), Titan Company Ltd, Power Grid Corporation of India Ltd, and UltraTech Cement Ltd emerged as the top gainers on Wednesday.
Among the biggest laggards were shares of Larsen & Toubro Ltd (L&T), State Bank of India (SBI), Tech Mahindra Ltd, Tata Steel Ltd, and Sun Pharmaceutical Industries Ltd.
The BSE Sensex ended 379.93 points or 0.51 per cent lower at 73,847.15, while the NSE Nifty dropped 136.70 points or 0.61 per cent to settle at 22,399.15.
The equity markets opened gap-down after US President Donald Trump confirmed a steep 104 per cent tariff on Chinese goods, effective today, sparking panic across global bourses and dragging down domestic indices for the second time this week.
Top gainers
Nestle India led the gainers, rising 3.24 per cent to ₹2,349.00, backed by strong March quarter volume growth and rural recovery optimism.
HUL added 2.63 per cent to close at ₹2,349.45, buoyed by fresh buying in FMCG counters.
Titan Company gained 1.66 per cent to end at ₹3,175.20, while Power Grid rose 1.56 per cent to ₹293.30.
UltraTech Cement rounded out the top five with a 1.03 per cent gain, finishing at ₹11,393.05.
Top losers
L&T led the laggards, slipping 3.23 per cent to ₹3,059.10 amid broad-based selling in capital goods stocks.
SBIN dropped 3.43 per cent to ₹742.05 following pressure on PSU banks.
Tech Mahindra fell 3.35 per cent to ₹1,271.00, while Tata Steel declined 2.30 per cent to ₹127.20.
Sun Pharma ended 2.18 per cent lower at ₹1,652.00, tracking profit-booking post recent gains.
Broader market sentiment remained cautious as investors weighed the global fallout of escalating trade frictions, with both the Bank Nifty and Nifty Metal indices closing in the red.
Published on April 9, 2025
