Nifty 50 Top Loser Today: Infosys Falls 1.75%, HDFC Bank, Shriram Finance, TCS Also Decline:

Nifty 50 Top Loser Today: Infosys Falls 1.75%, HDFC Bank, Shriram Finance, TCS Also Decline

The Indian stock market witnessed a day of volatility on April 1, 2025, with several heavyweights from the Nifty 50 dragging the index lower. Nifty opened at 23,350 and now trading at 23,535 higher than the previous close price 23,519. NMifty was Below are the top losers of the day based on percentage decline:

Infosys Ltd. (INFY) emerged as the top loser in the Nifty 50 index on April 1, 2025, with its stock declining by 1.75% to close at ₹1,543.10, down ₹27.55 from its previous close of ₹1,570.65. The drop is likely attributed to profit-booking in IT stocks and weak global cues impacting the sector.

HDFC Bank Ltd. (HDFCBANK) also witnessed a decline, slipping 1.20% to ₹1,806.20 from its previous close of ₹1,828.20. The fall in share price reflected the overall pressure in the banking and financial services sector.

Shriram Finance Ltd. (SHRIRAMFIN) saw its stock dip by 1.14% to ₹648.55, down ₹7.45 from the previous close of ₹656.00. The decline was in line with the broader weakness in non-banking financial companies (NBFCs).

Tata Consultancy Services Ltd. (TCS) ended the session at ₹3,574.25, a drop of ₹31.90 or 0.88% from the previous close of ₹3,606.15. The IT giant followed the broader trend of selling in tech stocks, triggered by cautious global sentiments.

Axis Bank Ltd. (AXISBANK) was another laggard, closing at ₹1,094.05, down ₹7.95 or 0.72% from its previous close of ₹1,102.00. The bank stock mirrored the subdued performance of the financial sector.

HCL Technologies Ltd. (HCLTECH) also faced a marginal decline of 0.65%, with its stock price settling at ₹1,582.10, compared to the previous close of ₹1,592.50. The fall highlighted the cautious investor mood in the IT segment.

Lastly, Bajaj Finserv Ltd. (BAJAJFINSV) slipped by 0.63% to ₹1,994.65, losing ₹12.70 from the previous close of ₹2,007.35. The stock’s movement reflected the overall bearishness seen in financial stocks during the trading session.