Nifty 500 Losers: Paytm Falls 10% To Hit Lower Circuit Again

Benzinga - Friday’s trading session in the Indian stock market showcased a dynamic range of performances, with UCO Bank (NS:UCBK) leading the surge among the top gainers in the NIFTY 500 index, while UPL faced a significant downturn, marking it as the day’s biggest loser.

UCO Bank stood out with a remarkable 14.24% increase, closing at ₹57.75.

Stock	Current Price	Last Close	% Change
UCO Bank	₹57.75	₹50.55	14.24%
Indian Overseas Bank	₹62.65	₹56.15	11.58%
The New India Assurance Co. Ltd.	₹265.65	₹242.1	9.73%
MMTC Ltd.	₹92.2	₹84.15	9.57%
General Insurance Corporation of India	₹408.65	₹377.2	8.34%

Indian Overseas Bank and The New India Assurance Co. followed with significant gains of 11.58% and 9.73%. MMTC and General Insurance Corporation of India also featured among the top performers with increases of 9.57% and 8.34%, respectively.

Conversely, UPL Ltd. experienced a sharp decline of 11.18%, closing at ₹474.00.

Stock	Current Price	Last Close	% Change
UPL Ltd.	₹474.0	₹533.65	-11.18%
One97 Communications Ltd. (Paytm)	₹438.5	₹487.2	-10.0%
Bank of India	₹138.6	₹151.55	-8.55%
Engineers India Ltd.	₹244.25	₹261.35	-6.54%
Devyani International Ltd.	₹162.25	₹173.0	-6.21%

Paytm and Bank of India also faced significant setbacks, with their stock prices dropping by 10.0% and 8.55%. Engineers India and Devyani International rounded out the list of top losers with declines of 6.54% and 6.21%, respectively.

The Indian benchmark indices closed lower, retracting from their intraday highs. The Sensex ended down 354.21 points or 0.49% at 71,731.42, while the Nifty closed down 82.10 points or 0.38% at 21,771.70. Consumer Durables, Financial Services, FMCG, and Banks were among the sectors experiencing significant losses. Additionally, broader markets saw a sell-off, with many indices closing in negative territory.

Credit Artical Here