
Nifty top losers today, July 29: SBI Life, Axis Bank, TCS, HDFC Life, Titan Company, ITC and more
Indian equity benchmarks closed higher on July 29, with the Nifty finishing above the 24,800 mark and the Sensex climbing over 440 points. However, not all stocks participated in the rally. A few notable names in the Nifty 50 pack ended in the red, led by financial and IT majors.
Among the biggest losers of the day were names such as SBI Life, Axis Bank and TCS. Let's take a closer look at the top losers of the Nifty 50, according to Trendlyne. Nifty 50 top losers on July 29 SBI Life Insurance closed at ₹1833.2, down 0.9%
Axis Bank closed at ₹1064.2, down 0.9%
Tata Consultancy Services closed at ₹3056.0, down 0.8%
HDFC Life Insurance closed at ₹756.5, down 0.6%
Titan Company closed at ₹3379.2, down 0.4%
ITC closed at ₹408.5, down 0.4%
Bajaj Finserv closed at ₹1972.6, down 0.3%
Bharat Electronics closed at ₹388.3, down 0.3%
Eternal closed at ₹306.6, down 0.2%
ICICI Bank closed at ₹1484.9, down 0.2%
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 Axis BankHDFC LifeITCSBI LifeStock MarketTCSTitan Company
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 BusinessUpturn.com

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Travel Weekly
6 hours ago
- Travel Weekly
Aman at Sea opens its ship for charter and event bookings
The first yacht in Aman's cruise brand, Aman at Sea, has opened for charter and event reservations, marking the first opportunity to book cabins on the vessel. The vessel, the 94-passenger Amangati, is scheduled to launch in 2027. Its inaugural season will be in the Mediterranean, with sailings that include the French and Italian rivieras; the Adriatic Sea, Greek Isles and Turkey; Spain; and the Bay of Naples and Amalfi Coast, according to its website. Aman declined to share details on the structure of charter reservations, including pricing and specific itineraries. The Amangati's 47 suites will range from 532 square feet to 1,972 square feet. Their design will be inspired by Japanese architecture, and each will have a private balcony. Suites will also include full-length windows, free-standing baths, lounge seating and king beds. Some will also have plunge pools, the company said. The vessel is under construction in Genoa, Italy. It is part of a new group of yachting-minded, luxury-market cruise lines spearheaded by big names in ultraluxury hospitality. Aman recently appointed Angela Composto as senior vice president for sales, marketing and reservations. Composto was previously vice president of sales and marketing at Orient Express Sailing Yachts.
Yahoo
6 hours ago
- Yahoo
India's Swiggy reports wider quarterly loss on marketing cost spike
(Reuters) -Swiggy's quarterly loss nearly doubled from a year earlier as the Indian online delivery platform spent more on marketing to attract customers in a highly-competitive market, its results showed on Thursday. Swiggy, a decade-old player and one of the market leaders in the food delivery business alongside Eternal's Zomato, continues investing in the business through marketing, platform upgrades and loyalty programs. It is also pouring money into its quick-commerce arm, Instamart, as it opens more stores, strengthens logistics, and offers discounts. The company faced challenges related to lower availability of delivery partners due to earlier-than-expected monsoon showers in India. Meanwhile, marketing investments remained high amid "sticky competitive intensity," it said in a statement. India's quick commerce space is getting crowded with entrants like Tata-backed BigBasket and Amazon. The food delivery space is also seeing rising competition with the foray of ride-hailing platform, Rapido, in which Swiggy owns a 12% stake. Swiggy's total revenue surged 54% to 49.61 billion rupees ($566.2 million) in the quarter ended June 30, while its consolidated expenses jumped about 60% to 62.44 billion rupees, as sales promotions more than doubled. Its consolidated net loss widened to 11.97 billion rupees for the quarter, from a loss of 6.11 billion rupees a year ago. Swiggy expanded to 127 cities from 124 in the previous quarter, added 41 stores, and continued scaling up store sizes. Gross order value from its food delivery segment rose about 19% to 80.86 billion rupees in the June quarter, while Instamart's gross order value surged nearly 108% to 56.55 billion rupees. ($1 = 87.5740 Indian rupees)
Yahoo
7 hours ago
- Yahoo
PBOC Moves to Stabilize Yuan With Fixing After Dollar Rally
(Bloomberg) -- China's central bank stepped in to stabilize the yuan with its daily reference rate, after the currency dropped to a two-month low in response to the dollar's surge. The World's Data Center Capital Has Residents Surrounded An Abandoned Art-Deco Landmark in Buffalo Awaits Revival Budapest's Most Historic Site Gets a Controversial Rebuild San Francisco in Talks With Vanderbilt for Downtown Campus We Should All Be Biking Along the Beach The People's Bank of China set the yuan's reference rate around 7.15 per dollar on Thursday, diverging from analyst estimates by the most since late April. The move signals a show of support for the currency which fell after the dollar rallied to its strongest level in two months. The central bank is renewing its support for the currency as the dollar's rise gains momentum following trade deals favoring the US and as the Federal Reserve signals patience on rate cuts. The PBOC had largely refrained from boosting the yuan in May and June as the currency was on a rising trajectory. The fixing 'will help to limit yuan weakness today,' said Khoon Goh, head of Asia research at Australia & New Zealand Banking Group. 'Authorities do not want too much volatility in the currency' and are opting to cap the fix around 7.15 despite the strong dollar rally. The offshore yuan gained 0.2% to 7.1993 per dollar on Thursday, after falling as low as 7.2146 Wednesday, the weakest since early June. The yuan, along with the Singapore dollar, remained resilient on Thursday, while other regional peers fell under the weight of the greenback's overnight gains. Monetary authorities in Indonesia and Hong Kong also stepped into the market to defend their respective currencies on Thursday. For the PBOC, defending the yuan against sharp depreciation remains paramount as it negotiates a trade deal with the US. China's central bank official said earlier this month that the nation didn't seek any competitive edge from yuan depreciation. The recent revival of the greenback, which has already triggered hedge funds to unwind short dollar bets, is set to test the confidence of yuan bulls. A few Wall Street names including Morgan Stanley, UBS Global Wealth Management and Deutsche Bank AG had forecast the yuan would climb 7.1 or lower in their research notes this month. Angst over US tariffs has added to the dollar's strength and dragged down currencies including the euro and Indian rupee. That's before Bloomberg's dollar gauge jumped on Wednesday as Fed Chair Jerome Powell said that there is no decision on a September move and traders dialed back bets on rate cuts this year. Markets were caught wrong-footed on the dollar when Powell sounded more hawkish than expected, said Fiona Lim, a senior strategist at Malayan Banking Bhd. 'The PBOC is using the fix to stabilize the yuan, keeping to its stance of ensuring currency stability, whilst still allowing the broader market forces to determine its direction' --With assistance from Ran Li. (Updates with details on other central bank interventions in 6th paragraph.) Russia Builds a New Web Around Kremlin's Handpicked Super App Burning Man Is Burning Through Cash Everyone Loves to Hate Wind Power. Scotland Found a Way to Make It Pay Off It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Cage-Free Eggs Are Booming in the US, Despite Cost and Trump's Efforts ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data