Produced by: Prashun Talukdar
Indian equity benchmarks fell after reaching new all-time peaks on Friday as losses in banks and financials countered gains in energy and pharma stocks. The 30-share BSE Sensex settled 264 points or 0.31% lower at 85,572 after touching its lifetime high of 85,978 (intraday). On a similar note, the broader NSE Nifty closed 37 points or 0.14% lower at 26,179 after scaling a record high of 26,277. Stocks such as Vedanta, Mahindra & Mahindra, Escorts Kubota and BPCL were among the top gainers on Nifty 200 this week.
Vedanta Ltd's stock was the top gainer this week in the Nifty 200 universe as the scrip soared 14.06% to Rs 513. The stock has zoomed 10.78% in the last one month. The metal and mining firm recently said its board would consider a fourth interim dividend for FY25 on October 8.
Mahindra & Mahindra Ltd’s stock surged 13.8% this week to Rs 3,183.65 on NSE, and was among the top gainers in the Nifty 200 universe. In the last one month, the stock has jumped 13.98%.
Escorts Kubota Ltd’s stock was also among the top gainers in the Nifty 200 pack this week as it moved 13.39% higher to Rs 4,328 on NSE. The stock has climbed 11.58% in the last one month.
Bharat Petroleum Corporation Ltd’s stock jumped 13.21% to Rs 367.3 on NSE in the week ended on September 27 and was among the top gainers in the Nifty 200 universe. The stock has edged up 0.74% on a monthly basis.
GAIL (India) Ltd's stock was also among the top gainers in the Nifty 200 universe this week as it rose 10.21% to Rs 1,902.05 on NSE. In the last one month, the stock has moved up 13.7%. Shares of BHEL, Tata Steel, SAIL, HPCL and NMDC also picked up pace on NSE 200 during the week.
PB Fintech Ltd’s (Policybazaar’s parent) stock slumped 12.6% this week to Rs 1,640.8 on NSE, and was the top loser in the Nifty 200 pack. The stock has nosedived 9.81% in the last one month.
Varun Beverages Ltd’s shares plunged 6.69% to Rs 608.55 on NSE this week, making the stock one of the top losers in the Nifty 200 universe. The scrip has lost 3.47% in the last one month. During the week, shares of Dabur India, Avenue Supermarts, Bharat Forge, Godrej Consumer Products and Bandhan Bank also saw sharp corrections on NSE 200.