This week, Tech Mahindra's stock price increased by 11.88% in the stock market, while Shriram Finance's declined by 5.28%. The Sensex gained 0.84%, and the Nifty gained 0.79%.
Stock Market: This week witnessed volatility in the stock market. While the market saw a surge in the first three days, the decline in the last two days caused concern among investors. During this period, both the Sensex and Nifty experienced modest gains, but for some companies, the week proved to be detrimental.
Stock Market Performance This Week
The first three days of this week saw b gains in both the Sensex and Nifty. On April 21st, the Sensex rose by 1.09%, and the Nifty by 1.15%. This upward trend continued on April 23rd, with the Sensex gaining 0.24% and the Nifty 0.17%. While April 22nd also saw gains in both indices, the market took a downward turn in the final two days. Ultimately, the Sensex closed the week with a 0.84% increase, and the Nifty with a 0.79% increase.
Top Gainer: Tech Mahindra's Impressive Jump
Tech Mahindra delivered a stellar performance this week, emerging as the top gainer in the Nifty, with its share price surging by 11.88%. HCL Tech followed with a 9.75% increase, and Mahindra & Mahindra secured the third position with a 6.90% rise. Tata Motors and SBI Life also featured in this list, both experiencing gains of approximately 4.40%.
Top Loser: Shriram Finance Disappoints Investors
Shriram Finance experienced the largest decline this week, with its share price falling by 5.28%. Adani Ports followed with a 5.27% drop. Bharti Airtel, Adani Enterprises, and HDFC Life also saw declines, ranking third, fourth, and fifth respectively.
