Shares of ICICI Bank Ltd, Power Grid Corporation of India Ltd, UltraTech Cement Ltd, Bajaj Finance Ltd, and HDFC Bank Ltd were among the top losers on Friday.
Meanwhile, Titan Company Ltd, Tata Motors Ltd, Larsen & Toubro Ltd (L&T), State Bank of India (SBI), and Asian Paints Ltd emerged as the top gainers.
The BSE Sensex declined 1.10 per cent or 880.34 points to close at 79,454.47, while the NSE Nifty slipped 1.10 per cent or 265.80 points to finish at 24,008. The market registered its second straight session of losses as escalating India-Pakistan border tensions overshadowed positive global cues.
Top gainers
Titan led the gainers’ list, jumping 4.38 per cent to ₹3,510.80 on the back of strong quarterly results and robust demand guidance.
Tata Motors surged 3.90 per cent to ₹708.50, supported by a rise in EV segment outlook.
L&T added 3.77 per cent to ₹3,445.70, while SBI rose 1.39 per cent to ₹779.40.
Asian Paints ended marginally higher by 0.02 per cent at ₹2,303.00.
Top losers
ICICI Bank was the biggest drag on the index, falling 3.16 per cent to ₹1,388.70 amid heavy institutional selling.
Power Grid declined 2.70 per cent to ₹299.55, while UltraTech Cement lost 2.15 per cent to ₹11,379.05.
Bajaj Finance dropped 2.02 per cent to ₹8,640.20, and HDFC Bank slipped 1.93 per cent to ₹1,889.20.
Both Sensex and Nifty snapped their three-week winning streaks, with weekly losses of over 1.39 per cent. The India VIX remained elevated, underscoring continued nervousness among investors.
Published on May 9, 2025
