While Jubilant Food Works and Nykaa's parent company, FSN E Comm Ventures, stood at the top of the gainers' list today, the losers mostly included banks that contributed to a major downside on the Nifty PSU Index today

Top gainers and losers

Jubilant Foodworks' shares rose for the 4th consecutive day, gaining 11%, after reporting a 56% YoY growth in Q3 revenue to Rs 2,156 crore, driven by strong performance of its Domino's Pizza franchise.

Jubilant Foodworks | CMP: Rs 766.20 | +7.10%

Easy Trip Planners' shares surged 17% after former CEO and promoter Nishant Pitti confirmed on X that there would be no further sale of promoter stake, reassuring investors.

Easy Trip Planners | CMP: Rs 766.20 | +3.68%

Titan Company's shares jumped over 2%, becoming the top Nifty 50 gainer, following a 24% YoY growth for the December quarter. The company expanded its retail network by 69 stores to 3,240.

Titan Company | CMP: Rs 3476.50 | +0.72%

SBI Cards and Payment Services rose up to 5% after Nomura and Nuvama upgraded the stock to 'buy,' raising target prices to Rs 825 and Rs 850, signaling an upside potential of 8.5% to 12%.

SBI Cards and Payment Services | CMP: Rs 729.40 | +0.72%

FSN E-Commerce Ventures, parent of Nykaa, saw a 4% rise in share price after reporting a December quarter update. The company expects net revenue growth above "mid-twenties," despite subdued demand.

FSN E-Commerce Ventures | CMP: Rs 171.75 | +2.33%

Union Bank of India's shares dropped 7% after reporting the weakest December quarter update among lenders. Deposits grew 4% YoY to Rs 12.2 lakh crore in Q3FY25 but fell 2% QoQ.

Union Bank of India | CMP: 114.40 | - 7.79%

Kotak Mahindra Bank's shares fell over 3% after the resignation of COO and CTO Milind Nagnur due to personal reasons. Nomura noted the exit contributed to the recent turnover in the bank's top management.

Kotak Mahindra Bank | CMP: Rs 1777.90 |-3.30%

Dabur India's shares tumbled after the company reported inflationary pressures in some segments for Q3, with a forecast of flattish operating profit growth for the October-December period.

Dabur India | CMP: Rs 505.90 | - 3.62%

ITC Ltd shares price was discovered at Rs 455.6 each, down 5.6 percent or Rs 27 from the previous session's closing price, following the special pre-open session for price discovery, as the hotels arm spins off from cigarettes-to-FMCG conglomerate.

ITC | CMP: Rs 445.35 |-2.25%

JSW Energy’s shares faced selling pressure after the Central Electricity Regulatory Commission (CERC) rejected its proposed tariff for a battery storage project with SECI, citing it was higher than recent auction rates.

JSW Energy | CMP: Rs 902.25 | -1.40%

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