Top losers today: life insurance corporation at ₹411.35 plunges 50.44%, natco pharma at ₹1,015.90 down 13.60%, jyoti CNC at ₹596.00 falls 9.28%
The Indian stock market witnessed a downturn today, with both the SENSEX and NIFTY 50 indices experiencing declines of 1.44% and 1.50%, respectively. Among the top losers, Life Insurance Corporation of India (LICI) saw a significant drop of 50.44%, closing at ₹411.35. Natco Pharma and Jyoti CNC Automation also faced notable declines, with their shares down by 13.60% and 9.28%, respectively.
Biggest decliners today
Life Insurance Corporation of India (LICI) led the market’s decline, with its shares plummeting by 50.44% from its opening price of ₹417.60 to a current level of ₹411.35. This substantial drop highlights the volatility in the insurance sector today.
Natco Pharma, a key player in the pharmaceutical sector, experienced a sharp decline of 13.60%, with its stock price falling from an opening of ₹1,161.30 to ₹1,015.90. The company’s shares reached a high of ₹1,201.90 before retreating.
Jyoti CNC Automation, operating in the industrial sector, saw its stock price decrease by 9.28%, closing at ₹596.00. The stock opened at ₹660.25 and reached a high of ₹670.00 during the session.
Praj Industries, another industrial sector entity, faced an 8.21% decline, with its shares closing at ₹352.30. The stock opened at ₹359.00 and hit a high of ₹374.85.
Avanti Feeds, part of the aquaculture sector, saw its shares drop by 7.23%, closing at ₹1,203.60. The stock opened at ₹1,290.40, which was also its high for the day.
Sectoral patterns
The industrial sector saw significant declines today, with both Jyoti CNC Automation and Praj Industries among the top losers. Additionally, the energy sector was impacted, as evidenced by Gujarat State Petronet’s 7.13% drop, closing at ₹268.35 from an opening of ₹287.55.
The consumer goods sector also faced challenges, with Cello World experiencing a 6.49% decline, closing at ₹368.25. Meanwhile, the financial sector saw Multi Commodity Exchange of India (MCX) fall by 6.46%, closing at ₹2,954.50.
| Stock | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Life Insurance Corporation | 417.60 | 421.45 | 410.00 | 411.35 | -50.44% |
| Natco Pharma | 1,161.30 | 1,201.90 | 1,000.00 | 1,015.90 | -13.60% |
| Jyoti CNC Automation | 660.25 | 670.00 | 587.00 | 596.00 | -9.28% |
| Praj Industries | 359.00 | 374.85 | 350.10 | 352.30 | -8.21% |
| Avanti Feeds | 1,290.40 | 1,290.40 | 1,180.00 | 1,203.60 | -7.23% |
| Gujarat State Petronet | 287.55 | 290.00 | 257.15 | 268.35 | -7.13% |
| Cello World | 393.80 | 393.80 | 365.00 | 368.25 | -6.49% |
| Multi Commodity Exchange of India | 3,169.80 | 3,177.00 | 2,906.20 | 2,954.50 | -6.46% |
| Bharat Dynamics | 1,207.00 | 1,230.00 | 1,175.40 | 1,204.60 | -6.05% |
| BEML | 1,850.00 | 1,864.00 | 1,693.00 | 1,722.40 | -6.01% |
What this means for the market
The significant declines in key sectors such as insurance, pharmaceuticals, and industrials suggest a cautious sentiment among investors. As the session progresses, market participants will be closely monitoring any developments that could influence further movements. The broader market’s performance will depend on how these sectors stabilise in the remaining trading hours.
Data as on May 29, 2026, 03:35 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.
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