Market movers on June 2: Adani Ports, M&M, TechM, Tata Steel, Titan among top gainers and losers

Adani Ports and Special Economic Zone Ltd., Mahindra & Mahindra Ltd. (M&M), Power Grid Corporation of India Ltd., Eternal Healthcare, and Hindustan Unilever Ltd. (HUL) emerged as the top gainers on Monday.

On the flip side, Tech Mahindra Ltd., Tata Steel Ltd., Tata Motors Ltd., Titan Company Ltd., and HDFC Bank Ltd. were among the day’s top laggards.

Equity benchmarks ended marginally lower amid geopolitical uncertainty, with caution stemming from renewed tensions between Russia and Ukraine. The BSE Sensex closed 77.26 points or 0.09 per cent lower at 81,373.75, while the NSE Nifty 50 fell 34.10 points or 0.14 per cent to settle at 24,716.60. Despite the weak opening and early intraday fall, both indices managed to recover much of their losses, supported by strength in select defensive and infrastructure stocks.

Top Gainers

Adani Ports led the advances, rising 2.51 per cent to ₹1,468.30, driven by continued optimism around India’s logistics and infrastructure push. M&M gained 1.58 per cent to ₹3,025.45 on strong monthly auto sales expectations.

Power Grid and Eternal Healthcare both advanced 1.07 per cent, closing at ₹293.00 and ₹241.30, respectively. FMCG major Hindustan Unilever added 1.00 per cent to ₹2,372.95, defying broader market weakness.

Top Losers

Tech Mahindra was the worst performer of the day, dropping 1.47 per cent to ₹1,550.90. Tata Steel slipped 1.21 per cent to ₹159.05, followed by Tata Motors, which declined 1.12 per cent to ₹711.40.

Titan lost 0.80 per cent to ₹3,525.65, and HDFC Bank eased 0.60 per cent to ₹1,932.85 amid mixed cues from the financial sector.

Despite headline indices ending in the red, broader market resilience and selective buying in defensive sectors like FMCG and utilities provided underlying support. Market watchers expect volatility to persist through the week as global developments remain in sharp focus.

Published on June 2, 2025