Top Gainers & Losers: Nifty Climbs as IT Stocks Lead Gainers, Trent Plunges on Tuesday | 07 Jul 2026, 12:00 PM IST
By ThePip Desk
The Nifty 50 closes higher, driven by strong performances in the IT and financial sectors. Meanwhile, consumer discretionary stocks see significant declines, led by Trent.
The Indian equity market saw a positive close on Tuesday, 7 July 2026, with the Nifty 50 index advancing by +85 points, or +0.35%, to settle at 24515.05. The Nifty Bank also recorded gains, rising +0.24% to 58430.60, indicating a broad-based positive sentiment in the financial sector.
Top Gainers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Tech Mahindra Ltd. | 1457 | +3.59 |
| Infosys Ltd. | 1079 | +3.53 |
| SBI Life Insurance Company Ltd. | 1842 | +3.04 |
| HCL Technologies Ltd. | 1165 | +2.72 |
| Titan Company Ltd. | 4601.7 | +2.62 |
| Tata Consultancy Services Ltd. | 2106.5 | +2.38 |
| Eternal Ltd. | 289.2 | +2.05 |
| JIO Financial Services Ltd. | 244.79 | +2.00 |
| Eicher Motors Ltd. | 7570.5 | +1.32 |
| Shriram Finance Ltd. | 1074.2 | +1.12 |
The IT sector emerged as a significant driver of gains today, with four out of the top ten spots occupied by technology giants. Tech Mahindra Ltd. led the pack, climbing +3.59%. This surge followed news of its partnership with Adroit Associates to enable large-scale supply chain transformation and its arm’s pact to acquire Alyis Servicos Tecnicos. Infosys Ltd. also saw a strong rise of +3.53%, buoyed by its strategic collaboration with Sentara focusing on AI trust and expanding collaboration with GlobalFoundries for application and infrastructure management. HCL Technologies Ltd. and Tata Consultancy Services Ltd. also contributed to the sector’s positive momentum. Financial stocks like SBI Life Insurance Company Ltd., JIO Financial Services Ltd., and Shriram Finance Ltd. also posted healthy gains, reinforcing the positive sentiment in the broader financial space.
Top Losers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Trent Ltd. | 2956.6 | −11.58 |
| Coal India Ltd. | 425.65 | −1.55 |
| Adani Enterprises Ltd. | 3168.8 | −1.18 |
| Tata Motors Passenger Vehicles Ltd. | 344.05 | −0.86 |
| Bharat Electronics Ltd. | 422.25 | −0.78 |
| Larsen & Toubro Ltd. | 4011 | −0.74 |
| Hindalco Industries Ltd. | 973.15 | −0.74 |
| Grasim Industries Ltd. | 3197.7 | −0.48 |
| Interglobe Aviation Ltd. | 5383 | −0.47 |
| NTPC Ltd. | 354.9 | −0.38 |
On the losing end, Trent Ltd. experienced a significant downturn, plummeting −11.58%, making it the top laggard for the day. While no specific news was immediately available for Trent, its sharp decline stood out amidst a generally positive market. Other prominent losers included Coal India Ltd. and Adani Enterprises Ltd., which saw declines of −1.55% and −1.18%, respectively. The list of losers was diverse, encompassing sectors like automotive (Tata Motors Passenger Vehicles Ltd.), defense (Bharat Electronics Ltd.), and infrastructure (Larsen & Toubro Ltd.), indicating no single sector was predominantly under pressure, apart from Trent’s isolated sharp fall.
The divergence between strong IT and financial sector gains and the isolated sharp fall in a consumer discretionary stock suggests a selective bullish sentiment in the market.