Top Losers of the Day: Hindustan Unilever, SBI Life, and Hindalco Lead Declines

Benchmark indices BSE Sensex and NSE Nifty50 closed Thursday’s session nearly unchanged, with a slight negative bias. The BSE Sensex settled at 80,065.16, down by 16.82 points or 0.02% from the previous close. Meanwhile, the NSE Nifty50 declined by 36.10 points or 0.15%, ending at 24,399.40.

Out of the 50 stocks in the Nifty50 index, here are the top 5 losers for the day: 

• Hindustan Unilever Ltd’s share price opened at ₹2,647.00 and closed at ₹2,504.75. Hindustan Unilever (HUL) shares dropped more than 5% on Thursday, October 24, following its Q2 results, which fell short of market expectations. The stock fell by as much as 5.78%, reaching ₹2,504.15 per share on the BSE.
• Sbi Life Insurance Company Ltd’s share price opened at ₹1,724.45 and closed at ₹1,635.90. SBI Life reported a 39% year-on-year (YoY) increase in its consolidated net profit for the second quarter of FY25. The net profit rose to ₹529 crore, up from ₹380 crore in the same quarter last year.
• Hindalco Industries Ltd’s share price opened at ₹715.00 and closed at ₹690.50. Hindalco Industries Ltd. shares dropped by up to 6.5% on Thursday, October 24, making it the biggest loser on the Nifty 50 index. 
• Nestle India Limited’s share price opened at ₹2,339.00 and closed at ₹2,263.00. 
• Bajaj Auto Limited’s share price opened at ₹10,504.00 and closed at ₹10,302.00. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.