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Business Upturn
12 hours ago
- Business
- Business Upturn
Nifty 50 top losers this week (June 21): Tata Motors, Adani Ports, Bajaj Finance, Dr. Reddy's, Adani Enterprises and more
By Aman Shukla Published on June 21, 2025, 09:26 IST Indian stock markets ended the week on a positive note, with benchmark indices posting solid gains. Both the Nifty 50 and Sensex rose over 1.5% for the week, recovering losses from the previous week. Several major stocks underperformed this week, with Tata Motors, Adani Ports and Bajaj Finance leading the losses. Let's take a closer look at the top 10 losers of the Nifty 50 this week, according to Trendlyne. Nifty 50 Top Losers This Week Tata Motors closed at ₹676.2, down 5.0% for the week despite a modest daily gain of 0.6%. Adani Ports and Special Economic Zone ended at ₹1349.3, falling 4.0% over the week. Bajaj Finance settled at ₹905.0, recording a weekly loss of 3.0% . Dr. Reddy's Laboratories closed at ₹1325.3, down 2.7% this week. Adani Enterprises ended the week at ₹2448.4, registering a 2.4% decline. Sun Pharmaceutical Industries slipped 1.3% to finish at ₹1665.1. Bajaj Finserv closed at ₹1986.2, falling 1.2% during the week. Bajaj Auto declined 1.1% , ending the week at ₹8371.0. Nestle India recorded a 0.7% drop to settle at ₹2360.4. Hindustan Unilever closed the week at ₹2306.2, down 0.6%. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Adani enterprisesAdani PortsBajaj FinanceDr Reddy'sNiftyTata Motors Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Gulf Today
a day ago
- Business
- Gulf Today
Maersk halts stops in Israel's Haifa due to Iran-Israel conflict
Danish shipping giant Maersk announced on Friday that it was temporarily suspending vessel calls in Israel's Haifa port due to the country's conflict with Iran. Maersk said it made the decision after "careful analysis of threat risk reports in the context of the ongoing conflict between Israel and Iran, specifically regarding the potential risks of calling Israeli ports and the ensuing implications for the safety of our vessel crews". "At the moment we are not experiencing further disruptions to our scheduled operations in the region," it added in a statement. The conflict erupted a week ago when Israel launched air strikes on Iran, saying its arch foe was on the verge of developing a nuclear weapon. The Danish company said it had not experienced any further disruptions to its scheduled operations in the region. Haifa port, which was privatized in 2022, is owned 70% by India's Adani Ports while the remaining 30% is held by Israel's Gadot Group. Adani Ports is the ports operating arm of Adani Group, led by billionaire Gautam Adani. Including Haifa port, the company operates four ports outside Indian waters. A spokesperson for the Adani Group did not immediately respond to Reuters' email and text messages requesting comment. Israel has been hitting Iran from the air since last Friday in what it describes as an effort to prevent Tehran from developing nuclear weapons. Iran has denied plans to develop such weapons and has retaliated by launching counterstrikes on Israel. On Thursday, Iran's Revolutionary Guards said it had launched combined missile and drone attacks at military and industrial sites linked to Israel's defence industry in Haifa and Tel Aviv. Agencies
Business Times
a day ago
- Business
- Business Times
Shipping firm Maersk temporarily pauses Haifa port calls
[COPENHAGEN] Container shipping company Maersk said on Friday (Jun 20) it had temporarily paused vessel calls at Israel's Haifa port, amid the country's escalating conflict with Iran. The Danish company said it had not experienced any further disruptions to its scheduled operations in the region. Haifa port, which was privatised in 2022, is owned 70 per cent by India's Adani Ports while the remaining 30 per cent is held by Israel's Gadot Group. Adani Ports is the ports operating arm of Adani Group, led by billionaire Gautam Adani. Including Haifa port, the company operates four ports outside Indian waters. A spokesperson for the Adani Group did not immediately respond to Reuters' email and text messages requesting comment. Israel has been hitting Iran from the air since last Friday in what it describes as an effort to prevent Tehran from developing nuclear weapons. Iran has denied plans to develop such weapons and has retaliated by launching counterstrikes on Israel. On Thursday, Iran's Revolutionary Guards said it had launched combined missile and drone attacks at military and industrial sites linked to Israel's defence industry in Haifa and Tel Aviv. REUTERS
Business Standard
2 days ago
- Business
- Business Standard
'All our assets abroad are safe': Pranav Adani amid Israel-Iran tensions
Amid ongoing conflict in West Asia, Adani Enterprises Director Pranav Adani on Wednesday assured that the group's overseas assets remain secure. "There are concerns, but luckily, all our assets abroad are safe. We shouldn't worry about it," he told reporters on the sidelines of the Chintan Research Foundation's foundation day event. His remarks came as markets react to the worsening geopolitical situation in the Middle East. Adani Ports and Special Economic Zone fell for the seventh straight session, slipping 2.5% to Rs 1,338. Among the key concerns is the Haifa Port in northern Israel, which the Adani Group acquired in early 2023. The strategic facility, a crucial Indian commercial asset in the region, is operating under the shadow of regional conflict, particularly amid fears of escalation between Israel and Iran. Speaking at ANI, Pranav Adani also outlined the vision of the Chintan Research Foundation, which he said will focus on "climate change, geopolitical issues and economic entry" as its initial areas of research. "Evidence-based research has many responsibilities. These three pillars will be our starting point," he said. He emphasised the need to focus on India's heartland. "India is not only Delhi or the capital cities. The real India lives in Ranchi, Raipur, Bhubaneswar and the Northeast... That's where inclusive growth should be centred," he said. CRF President Shishir Priyadarshi said the foundation aims to tackle hard truths and propose solutions with a focus on zero-emission goals, inclusive prosperity, and the Global South's emergence. "The most challenging thoughts lead to the most rewarding destinations," he said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
New Indian Express
2 days ago
- Automotive
- New Indian Express
Sensex, Nifty end lower on Thursday amid Middle East tensions
CHENNAI: Indian equity benchmarks ended marginally lower on Thursday as investor sentiment remained subdued amid escalating geopolitical tensions in the Middle East, volatility in crude oil prices, and global economic uncertainty. The looming deadline for the US to impose former President Donald Trump's reciprocal tariffs, along with the US Federal Reserve's decision to keep interest rates unchanged at 4.25–4.5%, added to market caution. The BSE Sensex declined by 82.79 points or 0.10% to settle at 81,361.87, after trading in a narrow range of 81,583.94 to 81,191.04 during the day. The broader NSE Nifty50 ended 18.80 points or 0.08% lower at 24,793.25. Selling pressure was broad-based, with 22 of the 30 Sensex stocks ending in the red. Key laggards included Adani Ports, Bajaj Finance, Tech Mahindra, IndusInd Bank, and Nestle India, falling between 2.50% and 1.28%. On the other hand, Mahindra & Mahindra, Titan Company, Larsen & Toubro, Bharti Airtel, and Maruti Suzuki India provided some support, gaining between 0.45% and 1.69%. In the broader markets, the Nifty Midcap100 and Nifty Smallcap100 underperformed the benchmarks, closing down by 1.63% and 1.99%, respectively. Sectorally, the Nifty Auto index bucked the trend to emerge as the sole gainer, rising 0.52%, driven by gains in Eicher Motors, Mahindra & Mahindra, and Bajaj Auto. In contrast, the Nifty PSU Bank index led sectoral declines, shedding 2.04%, followed by losses in the Metal, Media, and Realty indices—all down more than 1%. Most other sectoral indices also ended in negative territory. Volatility remained subdued, with the India VIX easing 0.14% to 14.26, signaling a relatively stable risk environment despite global headwinds. Market breadth was firmly negative, with 2,363 stocks declining on the NSE compared to 516 advances, while 75 stocks remained unchanged.
