Grasim share down by more than 2%; top loser at Nifty 50

Grasim’s share is the top loser at Nifty 50 at this time. At 3:10 p.m. 22^nd August, 2025, the share price is down by 2.21%, trading at Rs 2,817.40. Benchmark Nifty 50 index is down by 0.85% at this time. The share is underperforming the benchmark index by a margin of more than 1% today.

Short-term profit booking seems to be taking place

 The stock is down today due to short-term profit booking. Yesterday, on 21^st August, the stock price touched its near 52-week high level, at Rs 2,813.50. The stock has gained 3.33% in the past 1 month. Year-to-date the share price is up by 15.20%. Nifty 50 index is up by 4.75%, year-to-date (YTD) in 2025. The stock has outperformed the benchmark index by more than 10%, YTD, this year.

Due to the prevailing environment of economic and geopolitical uncertainty, many investors are following the short term trading and profit – booking strategy. Many investors seem to be hesitating in taking a long term call in this uncertain environment. This is also causing some volatility in the broader market. Nifty India VIX index is up by 3.17% today. This indicates that markets are expecting volatility to increase further over the next 30 days.

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 Source: NSE