NSE/BSE, Top Gainers & Top Losers Today 24 Jan 2024: UltraTech Cement, Zomato, Mahindra & Mahindra, Sun Pharma, Tech Mahindra, State Bank of India, Reliance, HCL Technologies, Kotak Mahindra Bank, Power Grid

Shares of UltraTech Cement Ltd., Zomato Ltd., Mahindra & Mahindra Ltd (M&M), Sun Pharmaceutical Industries Ltd, and Tech Mahindra Ltd were the top gainers on Thursday.

Among the laggards were shares of State Bank of India (SBI), Reliance Industries Ltd, HCL Technologies Ltd, Kotak Mahindra Bank Ltd, and Power Grid Corporation of India Ltd.

The Sensex and Nifty saw a modest recovery amid cautious sentiment in the markets. The BSE Sensex ended 0.15 per cent or 115.39 points higher at 76,520.38, while the NSE Nifty gained 0.22 per cent or 50 points to close at 23,205.35.

Top gainers

UltraTech Cement led the gainers, surging 6.81 per cent to ₹11,422.70, driven by strong buying interest in the cement sector amid optimism over infrastructure spending. Zomato shares rebounded, rising 2.52 per cent to ₹221.90.

M&M gained 2.03 per cent to close at ₹2,885.35, while Sun Pharma added 2.01 per cent to finish at ₹1,834.05. Tech Mahindra rounded out the top five with a 1.86 per cent gain, ending at ₹1,714.80.

Top Losers

SBI was the biggest loser, falling 0.97 per cent to ₹745.95 as profit-booking weighed on the stock. Reliance slipped 1.05 per cent to ₹1,263.85.

HCL Technologies shed 1.06 per cent to ₹1,807.95, while Kotak Mahindra Bank declined 1.18 per cent to ₹1,894.60. Power Grid closed 1.19 per cent lower at ₹294.30.

The day’s gains were supported by selective buying in IT and cement stocks, while concerns around the upcoming Union Budget and the ongoing corporate earnings season kept the broader market sentiment in check.