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.