Share prices of Reliance Industries Ltd., Tech Mahindra Ltd., Eternal Ltd., HCL Technologies Ltd., and Infosys Ltd. emerged as the top gainers on Tuesday.
Among the laggards were shares of Sun Pharmaceutical Industries Ltd., UltraTech Cement Ltd., Power Grid Corporation of India Ltd., NTPC Ltd., and Kotak Mahindra Bank Ltd.
The BSE Sensex ended marginally higher amid range-bound trading. The BSE Sensex closed 0.09 per cent or 70.01 points higher at 80,288.38, while the NSE Nifty gained 0.03 per cent or 7.45 points to close at 24,335.95.
Top Gainers
Reliance Industries led the advances, surging 2.32 per cent to ₹1,400.30, continuing its upward momentum. Tech Mahindra shares showed strong performance, rising 2.14 per cent to ₹1,493.00.
Eternal gained 1.72 per cent to close at ₹231.15, while HCL Technologies added 1.42 per cent to finish at ₹1,571.40. Infosys completed the top five with a 1.03 per cent gain, ending at ₹1,497.40.
Top Losers
Sun Pharma was the biggest loser, dropping 2.01 per cent to ₹1,804.80 amid profit booking. UltraTech Cement declined 1.99 per cent to ₹11,866.95.
Power Grid fell 1.75 per cent to ₹303.25, while NTPC slipped 1.22 per cent to ₹356.80. Kotak Mahindra Bank closed 0.93 per cent lower at ₹2,205.35.
The day’s gains were primarily driven by defense stocks, which rallied 5 per cent, while IT stocks advanced 1 per cent. The pharma sector faced selling pressure, declining by 1 per cent as investors booked profits in select counters.
“Today, the benchmark indices witnessed a range-bound trading session,” said Shrikant Chouhan, Head Equity Research at Kotak Securities. “Technically, the market is consistently facing resistance near the 24,450/80500 resistance zone. A small bearish candle near this important resistance level indicates indecisiveness between the bulls and the bears.”
The broader market showed slightly better performance than the frontline indices, with the Nifty Midcap 100 rising 0.27 per cent to 54,587.95.
Published on April 29, 2025
