Stocks and Investing
Stocks and Investing
Stock market this week: Top 5 stocks leading major gains and losses
- Presenting a comprehensive recap of the week's highlights, spanning from top news to market performance, here's your market wrap for the week concluding on January 17, 2025.
The article from MSN Money discusses the performance of the Indian stock market over the past week, highlighting the top stocks that experienced significant gains and losses. Leading the gains were companies like Tata Motors, which saw a 10% increase due to strong quarterly results and positive outlook on their electric vehicle segment; HCL Technologies, up by 7% after announcing a robust deal pipeline; Bajaj Auto, which rose 6% following better-than-expected sales figures; Adani Enterprises, with a 5% gain after a Supreme Court ruling in their favor; and Infosys, which climbed 4% due to a new major contract win. On the other hand, stocks that faced losses included Wipro, down by 5% due to disappointing quarterly earnings; HDFC Bank, which dropped 4% amid concerns over asset quality; Tata Steel, declining 3% due to global steel price pressures; ICICI Bank, which fell 2% after a profit booking spree; and Reliance Industries, which saw a 1% decrease due to profit-taking after a recent rally. The article provides insights into the reasons behind these movements, reflecting broader market trends and sector-specific news.
Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/top-stocks/stock-market-this-week-top-5-stocks-leading-major-gains-and-losses/ar-AA1xpG1q ]
Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/top-stocks/stock-market-this-week-top-5-stocks-leading-major-gains-and-losses/ar-AA1xpG1q ]
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[ 08:41 PM ] - MSN