Nifty 50 top losers today, February 16: Tech Mahindra, Maruti Suzuki, Bajaj Finance lead declines

Indian benchmark indices ended higher on February 16, with the Nifty 50 closing 211.65 points or 0.83% up at 25,682.75 and the BSE Sensex rising 650.39 points or 0.79% to 83,277.15.

However, several frontline stocks finished in the red despite the broader market strength.

Among the top losers:

Tech Mahindra declined 1.4% to close at ₹1,512.7, emerging as the biggest percentage loser in the index for the day.

Maruti Suzuki India fell 1.2% to settle at ₹15,051.0.

Bajaj Finance slipped 1.2%, ending the session at ₹1,012.8.

Tata Motors Passenger Vehicles dropped 0.8% to ₹377.3.

Bajaj Auto and Eicher Motors both declined 0.7%, closing at ₹9,690.0 and ₹8,010.5, respectively.

Mahindra & Mahindra was down 0.7% at ₹3,509.7.

Jio Financial Services edged lower by 0.5% to ₹262.6, while Trent also fell 0.5% to ₹4,229.5.

Wipro declined 0.4% to close at ₹213.3.

The losses in these stocks came even as headline indices ended firmly in positive territory for the session.

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