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Stock market today: Which are top gainers and losers in Nifty50 and BSE Sensex on March 4? Check list


Stock market today: Which are top gainers and losers in Nifty50 and BSE Sensex on March 4? Check list

Benchmark indices Sensex and Nifty ended sharply lower on Wednesday, tracking weakness in Asian markets as escalating tensions in West Asia pushed crude oil prices higher and weighed on investor sentiment.The 30-share BSE Sensex fell for the fourth consecutive session, dropping 1,122.66 points or 1.40 per cent to close at 79,116.19. During the day, the index plunged 1,795.65 points or 2.23 per cent to hit 78,443.20 before trimming losses in the latter half of the session.The NSE Nifty declined 385.20 points or 1.55 per cent to settle at 24,480.50, marking its third straight day of losses and the lowest closing level in the past six months. The index had slipped 560.3 points or 2.25 per cent intraday to 24,305.40.

Nifty50 top gainers

  • Coal India (+2.09%)
  • Bharti Airtel (+1.75%)
  • Infosys (+1.44%)
  • Tech Mahindra (+0.44%)

Nifty50 top losers

  • Tata Steel (-6.77%)
  • Tata Motors (-5.24%)
  • SBI Life (-5.00%)
  • L&T (-4.53%)
  • JSW Steel (-4.29%)
  • Shriram Finance (-4.04%)
  • Bajaj Finance (-3.39%)
  • Grasim Industries (-3.39%)
  • UltraTech Cement (-3.31%)
  • Kwality Wall’s (-3.22%)
  • HDFC Life (-3.21%)
  • NTPC (-3.12%)
  • InterGlobe Aviation (-2.83%)

BSE Sensex top gainers

  • Bharti Airtel (+1.75%)
  • Infosys (+1.44%)
  • Tech Mahindra (+0.44%)

BSE Sensex top losers

  • Tata Steel (-6.77%)
  • L&T (-4.53%)
  • Bajaj Finance (-3.39%)
  • UltraTech Cement (-3.31%)
  • NTPC (-3.12%)
  • HUL (-2.56%)

“Global risk sentiment remained fragile amid ongoing tensions in the Middle East and the closure of the Strait of Hormuz, which kept oil prices volatile. Indian equities mirrored the broader risk-off environment due to the impact of inflation and the potential for higher CAD.“The continued depreciation of the INR also remains a key concern, while incremental foreign outflows lead to near-term volatility in the market,” Vinod Nair, Head of Research, Geojit Investments Limited, said, PTI quoted.The rupee weakened to an all-time low of 92.35 against the US dollar on Wednesday, pressured by the sharp rise in crude oil prices.Broader markets also remained under pressure. The BSE smallcap index tumbled 2.42 per cent, while the midcap index dropped 2.10 per cent.Sectorally, metal stocks led the losses with a 4 per cent decline. BSE PSU Bank fell 3.50 per cent, industrials dropped 3.29 per cent, realty declined 3.16 per cent and commodities lost 3.12 per cent. Capital goods fell 2.64 per cent, power 2.59 per cent, services 2.25 per cent and energy 2.23 per cent.On the BSE, 3,245 stocks declined, while 1,053 advanced and 135 remained unchanged.Asian markets also closed with steep losses. South Korea’s Kospi plunged 12 per cent, while Japan’s Nikkei 225, China’s Shanghai SSE Composite and Hong Kong’s Hang Seng index ended significantly lower.European markets were trading higher, while US markets had ended Tuesday’s session in the red.The conflict in West Asia has intensified, with Iran continuing attacks on several Gulf countries in retaliation for the joint strike by Israel and the US. Washington and Tel Aviv have also carried out fresh strikes on Iran.Foreign Institutional Investors (FIIs) sold equities worth Rs 3,295.64 crore on Monday, according to exchange data, while Domestic Institutional Investors (DIIs) bought shares worth Rs 8,593.87 crore.



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