Top Gainers & Losers: Nifty Dips; IT, Pharma Stocks Gain as Financials, Utilities Drag Down Index | 19 Aug 2026, 12:00 PM IST
By ThePip Desk
The Nifty 50 closed lower today, extending recent declines. IT and Pharma stocks saw gains, driven by company-specific news, while Financials and Utilities were prominent among the day’s top losers.
The Nifty 50 concluded Wednesday’s trading session at 24054.25, registering a decline of −0.42%, or 101 points. The Nifty Bank index also saw a dip, closing −0.33% lower, indicating a broad-based cautious sentiment across the market.
Top Gainers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Sun Pharmaceutical Industries Ltd. (SUNPHARMA) | 1893.6 | +0.99% |
| HCL Technologies Ltd. (HCLTECH) | 1310 | +0.92% |
| Oil & Natural Gas Corporation Ltd. (ONGC) | 241.65 | +0.90% |
| Wipro Ltd. (WIPRO) | 179.48 | +0.80% |
| Infosys Ltd. (INFY) | 1122.5 | +0.67% |
| Trent Ltd. (TRENT) | 2961.2 | +0.65% |
| Bajaj Auto Ltd. (BAJAJ-AUTO) | 11670 | +0.54% |
| Eternal Ltd. (ETERNAL) | 317.5 | +0.51% |
| JSW Steel Ltd. (JSWSTEEL) | 1273.7 | +0.48% |
| Kotak Mahindra Bank Ltd. (KOTAKBANK) | 389.2 | +0.40% |
Among the top gainers, the Information Technology (IT) sector demonstrated considerable resilience, with HCL Technologies, Wipro, and Infosys all closing in positive territory. HCL Technologies specifically saw an uptick, driven by news of its expanded collaboration with NetApp, aimed at offering hybrid cloud storage-as-a-service for scaling AI and data-driven workloads. The company also completed its acquisition of HPE’s Telco Solutions business, further expanding its capabilities. Sun Pharmaceutical Industries also posted strong gains, supported by its reported Q1 consolidated net profit rise and an increase in total income. Oil & Natural Gas Corporation (ONGC) rose after commissioning new gas evacuation facilities at Khoraghat GGS-1 in Assam, a move expected to enhance the processing and evacuation of surplus associated natural gas. Other sectors represented among the gainers included Retail (Trent), Auto (Bajaj Auto), Metals (JSW Steel), and Banking (Kotak Mahindra Bank), indicating selective buying interest in a broadly negative market.
Top Losers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Power Grid Corporation Of India Ltd. (POWERGRID) | 263.15 | −1.81% |
| Coal India Ltd. (COALINDIA) | 400.95 | −1.46% |
| Bajaj Finance Ltd. (BAJFINANCE) | 1081.2 | −1.20% |
| Bharat Petroleum Corporation Ltd. (BPCL) | 306.7 | −1.16% |
| Interglobe Aviation Ltd. (INDIGO) | 5164.5 | −1.06% |
| Hindalco Industries Ltd. (HINDALCO) | 1030.9 | −1.03% |
| SBI Life Insurance Company Ltd. (SBILIFE) | 1760 | −1.01% |
| ICICI Bank Ltd. (ICICIBANK) | 1398 | −0.99% |
| Grasim Industries Ltd. (GRASIM) | 3248 | −0.94% |
| HDFC Bank Ltd. (HDFCBANK) | 716.3 | −0.93% |
On the losing side, utilities and financial stocks faced significant selling pressure, contributing to the Nifty’s overall decline. Power Grid Corporation of India led the declines, followed by Coal India, indicating weakness in the power and mining sectors. Financial heavyweights like Bajaj Finance, SBI Life Insurance, ICICI Bank, and HDFC Bank also featured prominently among the top losers, collectively contributing to the Nifty Bank’s notable dip. Bharat Petroleum Corporation (BPCL) from the Oil & Gas sector and Hindalco Industries from the Metals sector also experienced significant drops. Interglobe Aviation (Indigo) from the aviation sector and Grasim Industries, a diversified conglomerate, rounded out the list of top ten decliners, reflecting a broad-based weakness across several key economic segments.
The day’s trading saw a mixed sentiment, with the broader market declining while specific sectors like IT and Pharma found support, suggesting a cautious but selective approach from investors.