Dr Reddy’s, Bajaj Finserv, Hindalco, Cipla & M&M Drag Nifty 50 Lower

Shares of Dr Reddy’s Laboratories slipped 1.45% to ₹1,244.40 on Tuesday, ranking among the top losers on the Nifty 50. Other notable laggards included Bajaj Finserv (-1.29%), Hindalco (-1.07%), Cipla (-1%), and M&M (-0.81%). Despite the decline, underlying financials of these companies remain strong. Bajaj Finserv reported a 21% YoY revenue jump to ₹1.33 lakh crore in FY25 with net profit rising to ₹17,540 crore, while Hindalco’s FY25 revenue climbed to ₹2.38 lakh crore with profit surging to ₹15,999 crore. Cipla posted FY25 revenue of ₹27,548 crore and net profit of ₹5,291 crore, while M&M’s top line grew to ₹1.58 lakh crore with net profit of ₹12,536 crore. However, profit-booking pressure and weak market sentiment weighed on these counters, pulling the Nifty 50 lower in today’s session. #StockMarket #Nifty50 #DrReddys #BajajFinserv #Hindalco #Cipla #Mahindra #MarketUpdate #Investing