Top Gainers & Losers: Nifty Climbs As Financials Lead While IT Stocks Face Selling Pressure Today | 05 Oct 2026, 12:00 PM IST
By ThePip Desk
The Nifty 50 advanced 0.38% to 22507.15 on Monday. Financial stocks dominated the gains, while the IT sector faced significant selling pressure throughout trade.
The Nifty 50 index closed at 22507.15, marking a gain of 0.38% on Monday. The Nifty Bank also trended higher, rising 0.40% to 54667.60. Market sentiment remained positive, driven by strong performance in the financial and consumer sectors.
Top Gainers
| Company | Price | Change% |
|---|---|---|
| Bajaj Finance | 980.65 | +3.41% |
| ITC | 263.65 | +3.03% |
| Tata Motors PV | 287.45 | +2.88% |
| BSE | 3114 | +2.23% |
| Shriram Finance | 965.05 | +2.12% |
Financial services led the rally, with Bajaj Finance gaining momentum following news of its NCD issuance. ITC also saw significant interest after completing the acquisition of Sproutlife. Tata Motors Passenger Vehicles moved higher as the company expanded its BaaS offering and launched the new Aeris model.
Top Losers
| Company | Price | Change% |
|---|---|---|
| HCL Technologies | 1208.3 | −2.80% |
| Asian Paints | 2348.7 | −2.42% |
| HDFC Bank | 707.6 | −1.89% |
| Max Healthcare | 924.5 | −1.75% |
| Infosys | 1018.45 | −1.60% |
The IT sector faced a broad sell-off, with HCL Technologies and Infosys leading the decline. The losses extended into consumer-facing and healthcare stocks, indicating a shift in investor preference away from these segments during today’s session.
The divergence between the financial-led gains and the weakness in IT suggests a cautious rotation in market sentiment as investors weigh sector-specific developments.