FMP

FMP

Market Recap: Just Dial and Tata Teleservices Lead Gainers, Paytm and Borosil Renewables Among Top Losers

Gainers:

  1. Just Dial (NS:JUST): Surged by 7.95% to ₹893.60.
  2. Tata Teleservices (Maharashtra): Climbed by 7.96% to ₹103.75.
  3. Bharat Dynamics (NS:BARA): Jumped by 9.00% to ₹1912.65.
  4. General Insurance Corporation of India: Rose by 9.20% to ₹441.10.
  5. The New India Assurance Company: Increased by 11.56% to ₹304.40.

Losers:

  1. Paytm (NS:PAYT): Declined by 9.99% to ₹446.65.
  2. Borosil Renewables (NS:BORO): Dropped by 9.29% to ₹551.80.
  3. UCO Bank (NS:UCBK): Fell by 7.46% to ₹63.30.
  4. Varroc Engineering (NS:VARE): Slid by 7.16% to ₹554.75.
  5. Indian Overseas Bank (NS:IOBK): Decreased by 7.09% to ₹74.00.

Market Overview:

The Indian equity market experienced mixed sentiments, with Sensex and Nifty 50 closing lower following the Reserve Bank of India's decision to maintain its key interest rate unchanged for the sixth consecutive meeting. Sensex closed 1% lower at 71,428.43, while Nifty 50 ended at 21,717.95, down by 0.97%. Rate-sensitive sectors were particularly influenced by the RBI's decision, contributing to the overall market decline.