Top Gainers & Losers: Nifty Climbs; IT, Metals Lead Gains as Adani Stocks See Minor Pullback | 29 Jul 2026, 12:00 PM IST
By ThePip Desk
The Nifty 50 advanced on Wednesday, driven by strong performances in the IT and Metals sectors. Meanwhile, select infrastructure and power stocks experienced slight declines.
The Nifty 50 concluded Wednesday’s trading session on a notably positive trajectory, advancing by +0.98%, or 236 points, to settle at 24221.35. This upward momentum was mirrored by the Nifty Bank, which also posted a healthy +0.70% gain, signaling broad-based positive sentiment across key indices.
Top Gainers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Infosys Ltd. (INFY) | 1159.1 | +4.83% |
| Hindustan Unilever Ltd. (HINDUNILVR) | 2111.1 | +4.37% |
| Tata Steel Ltd. (TATASTEEL) | 188.25 | +3.08% |
| Larsen & Toubro Ltd. (LT) | 3940.3 | +2.83% |
| Cipla Ltd. (CIPLA) | 1484.6 | +2.77% |
| Bharti Airtel Ltd. (BHARTIARTL) | 1948.5 | +2.46% |
| Hindalco Industries Ltd. (HINDALCO) | 958.05 | +2.31% |
| JSW Steel Ltd. (JSWSTEEL) | 1275.6 | +2.30% |
| HCL Technologies Ltd. (HCLTECH) | 1347.1 | +2.16% |
| Tata Consultancy Services Ltd. (TCS) | 2449 | +2.13% |
The list of top gainers was dominated by strong performances from the Information Technology (IT) and Metals sectors. Infosys Ltd. led the pack with a substantial +4.83% increase, driven by its successful migration of NTN Corporation’s e-commerce platform to SAP Commerce Cloud, a move that reinforces its growing footprint in the Japanese market. Fellow IT giants HCL Technologies and Tata Consultancy Services also saw robust gains, reflecting broader optimism in the technology space. In the metals sector, Tata Steel Ltd. climbed +3.08%, supported by an 11% year-on-year rise in its India crude steel production for Q1FY27, even as its Netherlands operations reported a decline. Hindalco Industries and JSW Steel further bolstered the sector’s strong showing. Hindustan Unilever Ltd., a key FMCG player, advanced +4.37%. The company had earlier informed about an investor presentation and reported a 3% decline in Q1 consolidated net profit, though its consolidated total income for Q1FY27 increased by 9.84%.
Top Losers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Adani Ports and Special Economic Zone Ltd. (ADANIPORTS) | 1733.2 | −2.34% |
| Bharat Electronics Ltd. (BEL) | 384.75 | −1.09% |
| Power Grid Corporation Of India Ltd. (POWERGRID) | 282.65 | −0.93% |
| Mahindra & Mahindra Ltd. (M&M) | 3244.4 | −0.82% |
| Interglobe Aviation Ltd. (INDIGO) | 5230 | −0.77% |
| Adani Enterprises Ltd. (ADANIENT) | 2984.3 | −0.60% |
| Eicher Motors Ltd. (EICHERMOT) | 7803 | −0.42% |
| NTPC Ltd. (NTPC) | 342.4 | −0.39% |
| Bajaj Finserv Ltd. (BAJAJFINSV) | 1921 | −0.36% |
| Sun Pharmaceutical Industries Ltd. (SUNPHARMA) | 1971.4 | −0.27% |
Conversely, the list of top losers saw some profit-booking in infrastructure, power, and automotive stocks. Adani Ports and Special Economic Zone Ltd. recorded the steepest decline, falling −2.34%, with its group counterpart Adani Enterprises also closing in negative territory. Public sector undertakings like Bharat Electronics Ltd., Power Grid Corporation, and NTPC Ltd. were among other notable decliners, suggesting a minor correction in defense and power infrastructure segments. In the automotive sector, both Mahindra & Mahindra and Eicher Motors experienced modest pullbacks, while Bajaj Finserv and Sun Pharmaceutical Industries rounded out the bottom performers with slight dips.
The day’s trading activity indicates a clear preference for growth-oriented sectors such as IT and Metals, which saw significant buying interest. Meanwhile, some large-cap infrastructure and defensive stocks experienced modest corrections, reflecting a nuanced market sentiment.