Nifty 50 top losers today, June 27: Tata Consumer Products, Dr. Reddy's, Wipro, SBI Life and more
By Aman Shukla Published on June 27, 2025, 15:43 IST
Indian stock markets ended on a high note on June 27, with the Sensex rising 303 points to 84,058.90 and the Nifty gaining 88.80 points to close at 25,637.80.
However, not all stocks shared in the rally. A few prominent Nifty 50 companies ended the session in the red. Among the biggest losers of the day were well-known names like Tata Consumer Products, Dr. Reddy's and Wipro. Let's take a closer look at the top losers of the Nifty 50, according to Trendlyne. Nifty 50 top losers on June 27 Tata Consumer Products was the top loser, falling 2.1% to close at ₹1,121.
Dr. Reddy's Laboratories declined 1.4%, ending the day at ₹1,302.5.
Wipro slipped 1.2% and closed at ₹265.4.
SBI Life Insurance dropped 1% to ₹1,843.
Bajaj Finserv closed 0.9% lower at ₹2,036.
Axis Bank also declined 0.9%, settling at ₹1,223.
Eternal lost 0.8% and ended at ₹263.
Bajaj Finance was down 0.8%, closing at ₹944.
Trent fell 0.8% and finished at ₹6,059.
Grasim ended the day 0.7% lower at ₹2,863.3.
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 Dr Reddy'sNiftySBI LifeTata Consumer ProductsWipro
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
Forbes
16 minutes ago
- Forbes
India's Hotel Dream: Why Tech And Demand Are Driving The Story
Sanjay Ghare, Founder & CEO, Vervotech (A Constellation Inc. company), Investor in Travel startups. From my experience, having observed the global travel industry for decades, I can say that India's hospitality sector is not just experiencing growth—it is demonstrating an upward trajectory whose base was prepared by many stakeholders. This story has many heroes; I'll discuss each in greater detail. Before I move to that, the reality of the day is that India's accommodation industry is expected to reach an INR 1 trillion valuation ($11.7 billion) by the end of this financial year, with projections extending to INR 1.1 trillion ($13 billion) by 2026-27, supported by a CAGR of 10.5%. This trajectory is not accidental. It is a cumulative outcome of growing domestic demand, conscious effort from the government and an obvious tech ecosystem in the country that has fundamentally changed the dynamics of the industry. The Demand Story: A Multichannel Push What often remains under the radar in most external analyses is the significant impact of the "New Indian Traveler." Domestic tourism is no longer merely a contributor; it has become the primary contributor, accounting for a substantial 50% of incremental revenue in the hospitality sector. This internal demand base provides a strong resilience, protecting the industry from the volatility of global economic or geopolitical upheavals (wars, sanctions, pandemics, etc.). While international tourist arrivals have also shown a strong recovery, reaching 9.24 million in 2023 (per the latest government data available), the sheer scale of domestic engagement has been the key highlight. Also, the industry's thoughtful diversification into other high-value segments—meetings, incentives, conferences, and exhibitions (MICE), spiritual tourism, and medical travel—has also played a critical role. The MICE sector alone is projected to more than double from $49.4 billion in 2024 to $103.7 billion by 2030. Additionally, India's Medical Value Travel sector, valued at $7.69 billion in 2024, is also attracting millions of foreign patients, with projections indicating a market size of $16.21 billion by 2030. This multi-segment approach ensures the market remains attractive for investments and revenue channels remain fairly stable. 'Ease Of Doing Business' Dividend: The Sovereign Push As I mentioned earlier, the government has consciously tried to create favorable policies. From an investor's perspective, the Indian government's role is no longer just limited to regulation; the industry now sees it as a proactive strategic partner. Over the years, they have cultivated an environment conducive to investment and growth. The policy permitting 100% foreign direct investment (FDI) under the automatic route in the hotel and tourism sector is a clear signal of intent to create a conducive environment for businesses in the industry. The move eases the investment process by removing the requirement for prior government approval, given investments adhere to established regulatory norms. It has been instrumental in attracting capital for infrastructure development and improving service standards to meet global expectations. The Digital Backdrop: The Role Of B2B Solutions And OTAs One part of this growth story that cannot be undermined is the country's sophisticated digital ecosystem that supports the operational efficiency and expansive market reach of India's hotel industry. B2B solutions—including global distribution systems (GDSs), bedbanks, central reservation systems (CRSs), channel managers and mapping solutions—all have played a significant role. These technology players support travel agents, aggregators and tour operators with the centralization of travel content distribution, management of real-time pricing, and automation of complex domestic and cross-border transactions. This digital infrastructure is critical for hotels to manage complex distribution networks and revenue streams. Online travel agencies (OTAs), while often seen through the lens of commission structures, play an undeniable and extremely crucial role in distribution. Without them, this demand can't be realized. Platforms like MakeMyTrip, EaseMyTrip, Cleartrip and Yatra dominate the Indian OTA market. They function as primary "discovery engines" within the travel ecosystem. Obviously, their substantial marketing budgets, which are usually much larger than those of individual hotels, ensure exceptional visibility for hotels on major search engines. The Next Phase: AI, LLMs And Depth The current growth trajectory is definitely impressive, but in my opinion, it is merely a warmup to the next phase, which will be bigger and better and will be defined by intelligent automation and a prominent shift toward conscious travel. While the adoption of advanced AI in the Indian hotel industry remains limited to foundational systems, its transformative potential is yet to emerge. Over the next five years, as I see it today, the industry is poised for a significant deepening of technological integration, with large language models (LLMs) at the center of everything. You can foresee LLM-powered concierge services that predict guest needs, customizing everything from room temperature to dining recommendations based on deeper analysis of past preferences and their real-time behavior. Generative AI will facilitate dynamic content creation at scale for marketing and guest communication, enabling highly customized, personalized guest interactions. All of it together will lay the foundation for the next generation of growth, which will be massive. Conclusion India's hotel industry's growth story thus far is more than a numerical milestone; it is rooted in execution and a well-thought-out strategy to generate sustainable demand. The INR 1 trillion valuation is a telling testament to the effort that has gone into generating robust domestic demand, a strategically enabling and supporting government, and a rapidly evolving technological ecosystem in the country, along with the technology entrepreneurs who have dared to see the big picture. As AI, particularly LLMs, becomes more deeply embedded in the ecosystem, the industry will be open to the next levels of personalization, operational efficiency and sustainability. India is not just a market; it is a compelling case study of how strategic foresight, policy alignment and technological adoption can come together to create magic in terms of demand and growth in any industry. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Yahoo
32 minutes ago
- Yahoo
Fintech firm Pine Labs seeks up to $6 billion valuation in India IPO, source says
By Vivek Kumar M (Reuters) -Indian fintech firm Pine Labs' [ initial public offering could be worth about $1 billion and the company is seeking a valuation of up to $6 billion, a source familiar with the matter said on Thursday. Pine Labs is looking to issue fresh shares worth 26 billion rupees ($304 million) while existing investors including Peak XV, PayPal and Mastercard will sell up to 147.8 million shares, draft papers filed with the market regulator showed. The company, which competes with Paytm and Walmart's PhonePe, is seeking a valuation of between $5 billion and $6 billion, according to the source, who did not want to be identified. The company was last valued at $5 billion when it raised funds in 2022. Pine Labs offers full-stack payment solutions such as point-of-sale machines to merchants for card payments. It will use the IPO proceeds to invest in overseas units, develop technology and pare down debt. India's IPO market has had a slow start to the year, but foreign investors are now returning to local stocks after a major exodus, attracted by big-ticket block trades, often a precursor to a recovery in IPOs. IPO proceeds from Indian issues are down 4.2% so far this year compared to a year earlier, while the number of issues have fallen 29%, data from LSEG up to mid-June showed. Still, the stock market is gathering steam as concerns around global trade uncertainties ease. The benchmark Nifty 50 is up 8% this year, but remains 3% below its record highs hit last September. Six IPOs are open for bids this week, including HDB Financial's $1.5 billion offering, the biggest ever by an Indian non-bank lender. Pine Labs posted a revenue of 13.41 billion rupees in fiscal year 2024, up from 12.91 billion rupees in 2023, while its losses widened to 1.87 billion rupees from 562 million over the same period, according to its prospectus. Morgan Stanley, Citi and Jefferies are among the bookrunners for the offering. ($1 = 85.6150 Indian rupees) 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
Associated Press
an hour ago
- Associated Press
Henkel and Synthomer Partner To Cut Carbon Emissions in Adhesives
DÜSSELDORF /3BL/ - Henkel, a global leader in adhesives, sealants and functional coatings, and Synthomer, a world-leading supplier of high-performance, highly-specialized polymers and ingredients, have announced a strategic partnership and supply agreement focused on enabling carbon emission reductions in Henkel's TECHNOMELT® hot melt adhesive product portfolio for the European, Indian, Middle Eastern and African markets. This collaboration highlights both companies' leadership in advancing sustainable adhesives through innovative collaborations along the value chain. This partnership follows Synthomer's recent launch of CLIMA-branded products. Products with this designation, like their REGALITETM line, deliver at least a 20% reduction cradle-to-gate in the product carbon footprint by using renewable energy in the production process. Henkel and Synthomer have jointly developed a framework that links renewable energy use directly to specific adhesive products, enabling measurable reductions in carbon emissions. Henkel and Synthomer's partnership is built on a mutual commitment to sustainability. Henkel aims to reduce absolute Scope 3 GHG emissions by 30 percent by 2030 (base year 2021), with the goal of becoming net-zero by 2045. To support this, it is incorporating raw materials with reduced process emissions footprint into adhesive formulations, helping lower Scope 3 emissions while maintaining high quality performance. Synthomer is contributing by reducing emissions from manufacturing operations, with a goal to cut absolute Scope 1 and 2 greenhouse gas emissions 47 percent by 2030, using 2019 as the base year in line with its Science-Based Targets goals. Synthomer's improved manufacturing approach leverages renewable electricity, biogas and process optimization, significantly lowering the carbon footprint of their products. These carbon reductions are measured through Product Carbon Footprint (PCF) reporting, which follows ISO14067 standards and the Together for Sustainability (TfS) guidelines. The PCF methodology used in this collaboration is being externally validated by TÜV SÜD, adding a strong layer of verification and credibility. 'As industry leaders in the adhesives market, we share the responsibility to drive meaningful change,' said Pernille Lind Olsen, Corporate Senior Vice President, Adhesive Technologies Henkel. 'By partnering with suppliers like Synthomer who are equally committed to transparency, innovation, and verifiable climate action, we're not just reducing emissions, we're redefining what leadership looks like in our industry.' 'We are proud to support Henkel and their customers with novel adhesive solutions based on a significantly reduced carbon footprint. Our capability is based on our broad portfolio of high performing adhesive ingredients, a global production and development network paired with a relentless passion for innovation and sustainability. We continue to engage with partners to create sustainable value chains and reduce carbon emissions on our planet.' says Stephan Lynen, Synthomer's President for Adhesive Solutions. Hot melt adhesives are used in a variety of industries and applications from packaging and consumer goods to electronics and automotive. The integration of Synthomer's CLIMA resins into Henkel's TECHNOMELT® hot melt adhesive portfolio will lower environmental impact while maintaining the same high-quality solutions the market expects from Henkel. TECHNOMELT® adhesives are trusted for reliability, quality and proven results across a variety of applications. The shared focus on sustainable product development and carbon footprint transparency highlights how strategic partnerships can drive progress and establish industry standards. About Synthomer plcSynthomer plc is a leading supplier of high-performance, highly specialized polymers and ingredients that play vital roles in key sectors such as coatings, construction, adhesives, and health and protection – growing markets for customers who serve billions of end users worldwide. Headquartered in London, UK and listed there since 1971, we employ c.4,000 employees across our five innovation centers of excellence and 31 manufacturing sites across Europe, North America, Middle East and purpose is creating innovative and sustainable solutions for the benefit of customers and society. Around 20% of our sales volumes are from new and patent protected products. At our innovation centers of excellence in the UK, China, Germany, Malaysia and USA we collaborate closely with our customers to develop new products and enhance existing ones tailored to their needs, with an increasing range of sustainability benefits. Our 2030 decarbonization targets have been approved by the Science Based Targets initiative as being in line with what the latest climate science says is necessary to meet the goals of the Paris Agreement, and since 2021 we have held the London Stock Exchange Green Economy Mark, which recognizes green technology businesses making a significant contribution to a more sustainable, low-carbon economy. Find us at or search for Synthomer on LinkedIn. Contact:Sebastian HinzAdhesive TechnologiesMedia RelationsHeadquarters, Düsseldorf/[email protected] Visit 3BL Media to see more multimedia and stories from Henkel
