Top Gainers & Losers: Nifty Dips as Financials Drag; Metals, Energy Stocks See Gains | 20 Jul 2026, 12:00 PM IST
By ThePip Desk
Indian equities experienced a downturn on Monday, with the Nifty 50 closing lower. While financial stocks led the decline, select names in the metals and energy sectors provided some upside.
Indian equities closed Monday’s trading session in negative territory, reflecting a cautious mood among investors. The benchmark Nifty 50 shed −124 points, or −0.51%, to settle at 24209.85. The broader market sentiment was heavily influenced by a significant downturn in the banking space, as the Nifty Bank index saw a more pronounced fall, dropping −1.49% to 57650.60, indicating substantial pressure on the financial sector throughout the day.
Top Gainers
| Company | Price | Change% |
|---|---|---|
| Trent Ltd. | ₹2928.8 | +3.04% |
| JSW Steel Ltd. | ₹1260.7 | +1.89% |
| Cipla Ltd. | ₹1442.1 | +1.65% |
| Bharti Airtel Ltd. | ₹1936.6 | +1.46% |
| Oil & Natural Gas Corporation Ltd. | ₹250.41 | +1.26% |
| NTPC Ltd. | ₹346.1 | +1.24% |
| Nestle India Ltd. | ₹1443.8 | +1.16% |
| Power Grid Corporation Of India Ltd. | ₹286.75 | +1.13% |
| Hindalco Industries Ltd. | ₹953 | +0.94% |
| Coal India Ltd. | ₹431.5 | +0.90% |
The top gainers list for Monday showcased a diverse set of sectors finding favour with investors, even as the broader market declined. Retail giant Trent led the pack with a +3.04% surge, indicating continued investor interest in consumption themes. This was followed by strong performances from metal majors JSW Steel and Hindalco Industries, which registered +1.89% and +0.94% gains respectively, suggesting some resilience in commodity-linked stocks. Energy and utilities also saw positive momentum, with ONGC, NTPC, Power Grid, and Coal India all closing in the green, reflecting underlying stability in essential services. Cipla from the pharmaceutical sector and telecom major Bharti Airtel also registered notable gains, indicating a broad-based but selective buying interest across defensive and cyclical pockets.
Top Losers
| Company | Price | Change% |
|---|---|---|
| Axis Bank Ltd. | ₹1256.9 | −5.39% |
| HDFC Bank Ltd. | ₹781 | −4.71% |
| Kotak Mahindra Bank Ltd. | ₹380.5 | −2.42% |
| Maruti Suzuki India Ltd. | ₹13581 | −1.61% |
| JIO Financial Services Ltd. | ₹239.4 | −1.47% |
| Bajaj Finance Ltd. | ₹1043 | −1.26% |
| Shriram Finance Ltd. | ₹1025 | −0.96% |
| Interglobe Aviation Ltd. | ₹5203 | −0.87% |
| SBI Life Insurance Company Ltd. | ₹1814.9 | −0.79% |
| Tata Consultancy Services Ltd. | ₹2253.7 | −0.67% |
Conversely, the losers’ chart was overwhelmingly dominated by the financial sector, highlighting significant selling pressure. Banking heavyweights Axis Bank, HDFC Bank, and Kotak Mahindra Bank experienced substantial declines of −5.39%, −4.71%, and −2.42% respectively, contributing heavily to the Nifty Bank’s overall fall. Other financial services firms like JIO Financial Services, Bajaj Finance, and Shriram Finance also ended lower, alongside SBI Life Insurance, underscoring a sector-wide weakness. Maruti Suzuki India from the auto sector and Interglobe Aviation also featured among the top ten losers, indicating broader pressure beyond just banking, though financials clearly bore the brunt of the selling pressure. Tata Consultancy Services, a bellwether in the IT sector, also saw a modest dip of −0.67%, rounding out the list of underperformers.
The day’s trading pattern, characterized by a declining Nifty 50 and a sharp correction in financial stocks, suggests that a cautious sentiment pervaded the market. While select sectors like metals and energy showed resilience, the concentrated selling in banking and financial services indicates specific concerns impacting interest-rate sensitive segments of the economy.