Nifty Top Gainers and Losers on June 30: Trent, BEL Shine; Tata Consumer, Kotak Bank Drag
- 30th June 2025
- 05:00:00 PM
- 4 min read
Mumbai, 30th June – The Indian stock market settled lower on Monday, June 30, as investors turned to profit booking after a four-day rally. A decline in metal, auto, and private banking counters further dampened market sentiment, with investors cautious ahead of key India-US trade talks.
At close, the S&P BSE Sensex declined 452.44 points, or 0.54%, to end at 83,606.46, while the NSE Nifty 50 slipped 120.75 points, or 0.47%, to close at 25,517.05. The benchmarks snapped their upward momentum despite touching fresh intraday highs earlier in the session.
| Company | % Change |
| Trent Ltd. | 3.04% |
| Bharat Electronics Ltd. | 2.00% |
| State Bank of India | 1.79% |
| IndusInd Bank Ltd. | 1.78% |
| Jio Financial Services Ltd. | 1.22% |
| Tata Consumer Products Ltd. | -2.34% |
| Kotak Mahindra Bank Ltd. | -2.17% |
| Axis Bank Ltd. | -2.13% |
| Hero MotoCorp Ltd. | -1.96% |
| Maruti Suzuki India Ltd. | -1.87% |
Key Market Drivers
Trent Ltd. emerged as the top gainer on the Nifty 50, rising 3.04% to ₹4,620.50 amid strong investor interest in retail and consumer segments. The optimism comes on the back of robust expansion plans and steady demand trends in the retail sector.
Bharat Electronics Ltd. (BEL) advanced 2% to ₹281.10, supported by healthy order inflows and ongoing defence sector tailwinds.
State Bank of India (SBI) gained 1.79% to ₹975.25 as the PSU banking space continued to witness traction, driven by consistent credit growth and favourable asset quality trends.
IndusInd Bank climbed 1.78% to ₹1,762.40, benefiting from sectoral momentum in banking stocks, particularly after Bank Nifty touched an all-time high of 57,614.50 during intraday trade before closing at 57,312.75.
Jio Financial Services Ltd. rose 1.22% to ₹316.30, extending gains on the back of positive sentiment around its digital lending expansion and synergy with Reliance’s broader ecosystem.
On the flip side:
Tata Consumer Products Ltd. was the biggest laggard on the Nifty, falling 2.34% to ₹1,105.60, as investors booked profits following a recent uptrend in FMCG counters.
Kotak Mahindra Bank Ltd. dropped 2.17% to ₹1,735.20, while Axis Bank Ltd. slipped 2.13% to ₹1,193.90 amid sectoral pressure in private banking, following sharp rallies in the previous sessions.
Hero MotoCorp Ltd. declined 1.96% to ₹4,194.50, weighed down by cautious sentiment in the auto sector and muted rural demand concerns.
Maruti Suzuki India Ltd. lost 1.87% to ₹12,200.80 as auto stocks saw broad-based selling amid fears of high valuations and potential demand moderation.
Sectoral Performance and Outlook
Banking indices outperformed during intraday trade, with Bank Nifty hitting another record high before mild profit booking set in. The Nifty PSU Bank index extended its rally for the fifth straight session, indicating sustained investor interest in public sector banks despite broader market weakness.
Meanwhile, the metal and auto sectors faced selling pressure, aligning with cautious global cues and high valuation concerns. Defensive sectors like FMCG also saw profit booking after a recent rally.
Investors are closely monitoring India-US trade talks in Washington, where an Indian delegation led by Commerce Department Special Secretary Rajesh Agrawal is in discussions for an interim trade agreement. Outcomes from these negotiations could influence investor sentiment in the coming sessions.
Bottomline
Monday’s pullback marks a pause in the Indian equity markets after a sustained upward run, with profit booking emerging as investors eye global cues and key macro triggers.
While the broader market remains in a strong uptrend, the near-term sustainability of the rally will depend on corporate earnings momentum, global market direction, and the outcomes of India’s ongoing trade discussions with the US.
With the Bank Nifty and PSU banking indices maintaining strength, sectoral rotation and stock-specific action are expected to guide the market in the coming days.
PL Capital
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
