Trent crashes 12% to ₹2,948.50, drags Nifty even as Titan gains and IT lifts market
Tata-owned Trent was the sharpest Nifty 50 decliner, sliding nearly 12% from a prior close of ₹3,343.80. Peer Titan rose 2.43% to ₹4,593.20 while Adani Enterprises fell 1.54%. Broader indices held modest gains at midday, with Nifty at 24,461.05 (+0.13%) and Sensex at 78,405.79 (+0.15%), powered by IT stocks.
Trent crashed nearly 12% to ₹2,948.50, the sharpest Nifty 50 decline, while Titan rose 2.43%. Adani Enterprises fell 1.54%, as IT stocks powered a modestly positive midday session.