Indian share market today: Nifty ends flat; check top gainers and losers

Share Market Today In India

Nifty ended Tuesday's volatile session on a flat note as concerns over soaring oil prices were partly offset by China relaxing COVID-19 curbs. Nifty closed 0.11% higher at 15,850.20. The Indian rupee settled at a record closing low of 78.78 on Tuesday against Monday's close of 78.34. 

Top Gainers and Losers in the Indian Stock Market Today

ONGC gained 5%: ONGC jumped 5% amid a rally in crude oil prices on the back of supply constraints due to political unrest in Libya and Ecuador.

Vedanta gained 3%: Vedanta extended the rally after JP Morgan raised the target price to Rs 490, citing benefits from higher LME zinc prices.

National Aluminum up 3%: Nalco extended gains amid a rally in metal stocks on the back of easing Covid curbs in China.

KPIT Tech jumped 3%: KPIT Tech shares jumped 3% amid rebound in the IT sector following recent plunge due to recession fears.

Ashok Leyland up 3%: Ashok Leyland rallied 3% after Religare Broking retained a Buy rating on the stock citing favourable technical factors for the stock.

Coal India up 3%: Coal India jumped 3% after ICICI Direct maintained a buy call. Going forward, the brokerage expects Coal India to report offtake of 675 Million tonnes (MT) in FY23E and 700 MT in FY24E.

M&M gained 3%: M&M shares rose 3% as investors cheered the launch of Scorpio-N. M&M touched a new 52-week high.

IOC soared 2%: IOC jumped 2% amid a rally in crude oil prices on the back of supply constraints due to political unrest in Libya and Ecuador.

Tech Mahindra jumped 2%: Tech Mahindra extended gains amid a rebound in IT stocks as analysts noted that tapering of inflation expectations in the US will be a key positive for the IT sector.

GAIL gained 2%: GAIL closed 2% higher amid a rally in crude oil prices on the back of supply constraints due to political unrest in Libya and Ecuador.

Reliance up 2%: Reliance Industries jumped 2% amid a rally in oil marketing companies due to higher crude oil prices.

Tata Steel up 1%: Tata Steel shares jumped 1% after Moody's upgraded outlook on the company to 'positive' from 'stable'.

IRCTC up 1%: IRCTC recovered amid positive sentiments in the market after a 12% fall over the last month due to disruptions caused by Agnipath scheme protests.

BPCL up 3%: BPCL jumped 1%% amid a rally in crude oil prices on the back of supply constraints due to political unrest in Libya and Ecuador.

HCL Tech closed 1% up: HCL Tech extended gains after Motilal Oswal maintained its positive stance on the IT sector on the back of sustained growth with stable margins.

Happiest Minds fell 2%: Happiest Minds continues to trade near 52-week lows after global brokerage firm Morgan Stanley sold its stake in the company last week.

Asian Paints down 3%: Asian Paints fell 3% to emerge among Nifty's major losers as analysts raised concerns over raw material inflation.

Zomato down 7%: Zomato extended losses after the company announced the acquisition of Blinkit in a share-swap deal for Rs 4,447 cr.