Top Gainers & Losers: Nifty Climbs as Financials, IT Lead Gains; Pharma, Metals See Pullback | 17 Jul 2026, 12:00 PM IST
By ThePip Desk
The Nifty 50 advanced today, marking a positive close for the week. Financial and IT sectors drove the gains, while Pharma and Metals experienced some profit-booking.
The Nifty 50 concluded Friday’s trading session higher, closing at 24252.60 with a +0.75% gain, adding 180 points. The Nifty Bank index also saw strength, rising +0.86% to 58080.35, reflecting a broadly positive market sentiment.
Top Gainers
| Company | Price | Change% |
|---|---|---|
| JIO Financial Services Ltd. (JIOFIN) | ₹244.5 | +3.76% |
| Kotak Mahindra Bank Ltd. (KOTAKBANK) | ₹385.5 | +2.21% |
| Tata Consultancy Services Ltd. (TCS) | ₹2247.4 | +2.11% |
| Reliance Industries Ltd. (RELIANCE) | ₹1321.8 | +1.94% |
| Tech Mahindra Ltd. (TECHM) | ₹1538.1 | +1.84% |
| HCL Technologies Ltd. (HCLTECH) | ₹1205.5 | +1.52% |
| Eicher Motors Ltd. (EICHERMOT) | ₹7527 | +1.46% |
| Infosys Ltd. (INFY) | ₹1098.1 | +1.45% |
| Mahindra & Mahindra Ltd. (M&M) | ₹3160.8 | +1.38% |
| Hindustan Unilever Ltd. (HINDUNILVR) | ₹2126.6 | +1.34% |
Leading the Nifty 50 gainers were prominent names from the financial and IT sectors, reflecting strong performance in these key segments. Jio Financial Services Ltd. surged on news of a significant over two-fold jump in its Q1 consolidated net profit, with consolidated total income also seeing a substantial increase, driving investor interest in the financial services space. Kotak Mahindra Bank Ltd. also moved up after reporting a healthy 12% rise in total deposits for Q1FY27, alongside robust growth in its CASA deposits, signaling stability in its banking operations. Tata Consultancy Services Ltd. gained momentum following the launch of its CBG Gemini Experience Center in Kolkata, expanding its operational footprint and potentially boosting its service offerings. Other IT majors like Tech Mahindra, HCL Technologies, and Infosys also contributed to the positive sentiment in the technology space. The auto sector also saw buying interest, with Eicher Motors and Mahindra & Mahindra among the top performers, indicating broader market participation in the rally.
Top Losers
| Company | Price | Change% |
|---|---|---|
| Wipro Ltd. (WIPRO) | ₹174.94 | −1.58% |
| Dr. Reddy’s Laboratories Ltd. (DRREDDY) | ₹1208.1 | −1.33% |
| Cipla Ltd. (CIPLA) | ₹1412.9 | −1.16% |
| Max Healthcare Institute Ltd. (MAXHEALTH) | ₹1087 | −1.02% |
| Hindalco Industries Ltd. (HINDALCO) | ₹950.25 | −0.94% |
| Ultratech Cement Ltd. (ULTRACEMCO) | ₹11678 | −0.79% |
| Tata Consumer Products Ltd. (TATACONSUM) | ₹1081 | −0.69% |
| Eternal Ltd. (ETERNAL) | ₹284.6 | −0.65% |
| Bharti Airtel Ltd. (BHARTIARTL) | ₹1912.4 | −0.49% |
| Apollo Hospitals Enterprise Ltd. (APOLLOHOSP) | ₹8845.5 | −0.48% |
On the losing side, the healthcare and pharmaceutical sectors saw some pressure, with Dr. Reddy’s Laboratories, Cipla, Max Healthcare Institute, and Apollo Hospitals Enterprise all closing in the red, suggesting a sector-specific pullback. Wipro also declined, contributing to the broader IT sector’s mixed performance despite gains from its peers. Other notable losers included Hindalco Industries from the metals sector and Ultratech Cement, indicating some profit-booking in these capital-intensive segments after recent rallies. Tata Consumer Products also saw a slight decline. The overall market, however, demonstrated a clear preference for growth-oriented sectors like financials and IT, signaling robust investor confidence and a selective approach to sector rotation.