Top Losers of the Day – Titan, Adani Ports and Hindalco Included on December 16, 2024

On December 16, 2024, Indian stock market indices, the BSE Sensex dropped by 0.47% to close at 81,748.57. The Nifty50 on the other hand, declined by 0.4% closing at 24,668.25.

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

• Titan Company

Titan Company share price closed at ₹3,440.00, with a drop of 1.96%. The share price touched its day’s low at ₹3,429.00.

• Adani Ports and Special Economic Zone

Adani Ports share price fell by 1.38%, closing at ₹1,242.50. The stock touched its day’s low at ₹1,240.95. Recently, the company announced the Colombo West International Terminal (CWIT) project in Sri Lanka is progressing as planned and is expected to be commissioned early next year. Financing will be managed through internal accruals, and the company has withdrawn its funding request from the DFC.

• Hindalco Industries

Hindalco Industries share price saw a 1.39% decrease, closing at ₹652.90, after reaching a day’s low of ₹652.05.

• Tata Consultancy Services (TCS)

TCS share price closed at ₹4,416, with a drop of 1.29%. The share price touched its day’s low at ₹4,397.00. Recently, the company announced a partnership with Landis+Gyr to offer next-generation energy efficiency solutions.

• Tech Mahindra

Tech Mahindra share price closed at ₹1,774.15, with a drop of 1.24%. The share price touched its day’s low at ₹1,766.00.

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.