Indian stock markets closed the week on a strong footing, bouncing back after two consecutive weeks of losses. The bullish sentiment was fueled by a surprise policy pivot from the Reserve Bank of India (RBI), which provided a boost to investor confidence, particularly in interest rate-sensitive sectors like financials and real estate.
The benchmark NSE Nifty 50 index rose by 1% on Friday, closing at 25,003. Meanwhile, the BSE Sensex surged 747 points on Friday to settle at 82,189, as market optimism returned. The Nifty Bank index also saw strong gains, rising nearly 2% to end the week at 56,578.
Several major stocks underperformed this week, with HDFC Life, TCS and Tata Steel leading the losses. Let’s take a closer look at the top 10 losers of the Nifty 50 this week, according to Trendlyne.
Nifty 50 Top Losers This Week
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HDFC Life Insurance closed at ₹755.1, falling 2.8% over the week.
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Tata Consultancy Services ended at ₹3,384.2, registering a 2.3% weekly decline.
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Tata Steel settled at ₹157.5, down 2.2% for the week.
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SBI Life Insurance closed at ₹1,780.6, slipping 1.7% over the past five sessions.
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Bajaj finserv finished at ₹1,990.0, losing 1.4% on a weekly basis.
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Tata Motors closed at ₹711.0, down 1.2% this week.
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Hero MotoCorp ended the week at ₹4,268.0, falling 1.0%.
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Asian Paints closed at ₹2,245.2, down 0.6% over the week.
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Larsen & Toubro ended at ₹3,656.3, declining 0.5%.
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Wipro closed at ₹248.6, marking a 0.4% fall this week.
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