Top Gainers & Losers: Nifty Dips as Metals, IT Stocks Fall; Auto, Banking Show Resilience | 31 Aug 2026, 12:00 PM IST
By ThePip Desk
Indian equities close lower as Nifty 50 sheds 158 points. Auto and select banking stocks gain, while metals and IT sectors face significant selling pressure.
Indian equities concluded Monday’s trading session lower, with the Nifty 50 shedding 158 points to close at 24017.85, a decline of 0.65%. The Nifty Bank index also saw a dip, closing 0.28% lower at 57332.70, reflecting a cautious sentiment across the broader market.
Top Gainers
| Company | Price | Change% |
|---|---|---|
| Bajaj Auto Ltd. (BAJAJ-AUTO) | ₹11979 | +0.58% |
| HDFC Bank Ltd. (HDFCBANK) | ₹724.35 | +0.56% |
| Bharti Airtel Ltd. (BHARTIARTL) | ₹1891.6 | +0.49% |
| Oil & Natural Gas Corporation Ltd. (ONGC) | ₹232.84 | +0.25% |
| ICICI Bank Ltd. (ICICIBANK) | ₹1424.4 | +0.11% |
| Apollo Hospitals Enterprise Ltd. (APOLLOHOSP) | ₹8843.5 | +0.06% |
| Kotak Mahindra Bank Ltd. (KOTAKBANK) | ₹423.8 | +0.02% |
Among the top Nifty gainers for the day, a diverse set of sectors saw positive movement, with auto and banking stocks demonstrating resilience despite the broader market downturn. Bajaj Auto Ltd. led the pack with a gain of +0.58%, a move that followed recent news of the unveiling of new Pulsar 150 and Pulsar 125 models. The company also reported a robust 30% rise in July sales, with total exports (two-wheelers and commercial vehicles) increasing by 39%. Bharti Airtel Ltd. also posted a notable gain of +0.49%. This positive movement came as its arm joined forces with ITI to help enterprises fast-track digital transformation, combining high-speed enterprise connectivity with secure data center and sovereign cloud services. Additionally, Bharti Airtel’s arm inked pacts to acquire 85% stakes in Rochak and Rovision, aiming to strategically expand its data centre business. Major private sector banks like HDFC Bank Ltd., ICICI Bank Ltd., and Kotak Mahindra Bank Ltd. also featured on the gainers list, alongside energy giant ONGC and healthcare provider Apollo Hospitals Enterprise Ltd., indicating selective buying interest in these segments.
Top Losers
| Company | Price | Change% |
|---|---|---|
| Adani Enterprises Ltd. (ADANIENT) | ₹3079.3 | −2.82% |
| Tata Steel Ltd. (TATASTEEL) | ₹181.63 | −2.61% |
| Hindalco Industries Ltd. (HINDALCO) | ₹1010.8 | −2.56% |
| Wipro Ltd. (WIPRO) | ₹176.44 | −2.49% |
| Bajaj Finance Ltd. (BAJFINANCE) | ₹1055 | −2.31% |
| Infosys Ltd. (INFY) | ₹1120.1 | −2.09% |
| Bharat Petroleum Corporation Ltd. (BPCL) | ₹313 | −1.96% |
| Tech Mahindra Ltd. (TECHM) | ₹1610.2 | −1.87% |
| Shriram Finance Ltd. (SHRIRAMFIN) | ₹1066.8 | −1.85% |
| JSW Steel Ltd. (JSWSTEEL) | ₹1311.3 | −1.77% |
The losing side of the market was predominantly impacted by significant declines in the metals and IT sectors. Adani Enterprises Ltd. was the biggest laggard among the Nifty 50, falling −2.82%. Other substantial declines were observed across major metal companies, including Tata Steel Ltd. (−2.61%), Hindalco Industries Ltd. (−2.56%), and JSW Steel Ltd. (−1.77%), signaling broad-based weakness and selling pressure within the sector. The technology sector also faced headwinds, with prominent IT services firms such as Wipro Ltd. (−2.49%), Infosys Ltd. (−2.09%), and Tech Mahindra Ltd. (−1.87%) all registering notable drops. Furthermore, financial services companies Bajaj Finance Ltd. and Shriram Finance Ltd. also ended the day in the red, alongside energy major Bharat Petroleum Corporation Ltd. The clear dominance of declining stocks, particularly across key industrial and technology sectors, signals a prevailing cautious to negative sentiment among investors as the market closed.