Trent slides 8.8% to ₹3,049.70 as sharpest Nifty decliner; Titan gains 1.5%
Tata's Trent (Westside) was the steepest Nifty 50 faller, dropping 8.80% to ₹3,049.70, even as broader markets opened higher on FII buying and easing crude. Titan bucked the retail trend, rising 1.50% to ₹4,551.70 with Nifty at 24,453.
In market trading, Trent was the sharpest Nifty 50 decliner, falling 8.80% to ₹3,049.70, while Titan rose 1.50% to ₹4,551.70 amid FII buying and easing crude prices.
Why this matters
Trent's slide extends recent weakness after its Q1FY27 update missed estimates and revenue growth slowed to 19%, below 20% for a fifth straight quarter, keeping the stock under pressure.
Retail-company signals accelerating, up 612600% QoQ.
Also reported by
- The Hindu BusinessLine — Same time