Nifty 50, the equity benchmark index, touched a new high today at 21505.05 and closed at 21453.10 rising 0.16%. This marginal gain came from inclining FMCG sectors and mixed cues from the Global market.
The Nifty 50 was divided into exact half today, with 25 nifty gainers and 25 nifty losers. As Christmas and New Year are around the corner, the FMCG and consumer durables sector have picked up today along with oil & gas.
The stocks, that made it to the top nifty gainers and losers today, are as follows.
Top 5 Nifty Gainer Stocks Today
| Stocks | Previous Day’s Closing Price | LTP | Change (%) |
| COALINDIA | 347.65 | 369 | 6.14 |
| NESTLEIND | 24,354.25 | 25,499.00 | 4.7 |
| NTPC | 303.2 | 309.6 | 2.11 |
| TATACONSUM | 949.7 | 967.85 | 1.91 |
| CIPLA | 1,216.80 | 1,240.00 | 1.91 |
- Coal India: As the oil and gas sector progressed today, this stock gained 6.14% and became the top nifty gainer of the day. The stock closed at 369 up from its yesterday’s close at 347.65.
- Nestle India: As the company declared a stock split date and the overall FMCG sector had an upswing today, this stock gained 4.70% and made it to the top nifty gainers as well. The stock split date is 5 January 2024, per the company’s announcement.
- NTPC: With the uptick in the energy sector today and the oil and gas sector going up, this energy-producing company also gained significantly. The stock went up 2.11% and closed at 309.60 from its previous close at 303.20.
- Tata Consumers: This FMCG stock gained 1.91% following the rise in the FMCG sector as a whole and due to its credit rating, which has been reaffirmed and suggests the stability of the company.
- Cipla: The pharmaceutical giant gained 1.91% as well, following the marginal positive movement in the pharma sector today. The stock closed at 1240, up from its previous close at 1216.80.
Top 5 Nifty Loser Stocks Today
| Stocks | Previous Day’s Closing Price | LTP | Change (%) |
| ADANIPORTS | 1,094.30 | 1,075.00 | -1.76 |
| WIPRO | 445.25 | 438.2 | -1.58 |
| ADANIENT | 2,980.60 | 2,940.00 | -1.36 |
| TCS | 3,859.20 | 3,808.00 | -1.33 |
| UPL | 606.55 | 598.5 | -1.33 |
- Adani Ports: After a long streak of gains, this port and transport service company of Adani Group fell today. The stock lost 1.76% and closed at 1075, down from yesterday’s close at 1094.30.
- Wipro: This IT stock witnessed some profit booking today after last week’s rally. The stock lost 1.58% and closed at 438.20, down from its previous day’s closing of 445.25. While profit booking is one cause behind the fall in the price of the stock, another reason could be a transfer of 100% shareholding of Designit A/S from wipro Holdings (UK) to Wipro IT Services UK.
- Adani Enterprise: As profit booking has started, this stock also dipped 1.36%, falling from 2980.60 to 2940. The company also has a scheduled HNI investors meeting on 22 December 2023.
- TCS: This IT sector stock lost 1.33% and closed at 3808 down from its yesterday’s closing at 3859.20, which is a result of profit booking in this sector. On the other hand, the company has been chosen by SIX as its partner to transform its Swiss Post Trade Market Infrastructure.
- UPL: This agrochemical and fertilizers stock lost 1.33% during today’s session and came within the list of top nifty losers. The stock closed at 598.50 down from its yesterday’s closing price of 606.55, due to an overall sluggish market, especially in the core sectors.
Wrapping up
Today, while most sectors were in the red or sluggish, a few sectors, such as the FMCG sector, pharma, oil and gas, and consumer durables, pulled the market up. However, the selling pressure was high, and thus the market ended flat.
*Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. This article is for education purposes only and shall not be considered as recommendation or investment advice by Research & Ranking. We will not be liable for any losses that may occur. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, membership of BASL, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.
I’m Archana R. Chettiar, an experienced content creator with
an affinity for writing on personal finance and other financial content. I
love to write on equity investing, retirement, managing money, and more.