Top Gainers & Losers: Nifty Dips as IT Stocks Plunge; Utilities, Telecom, Financials Show Resilience | 19 Jun 2026, 12:00 PM IST
By Sivam
Indian equities close lower with the Nifty 50 shedding 213 points. IT services stocks led the declines, while select utilities, telecom, and financial services counters saw gains.
Indian equities concluded Friday, June 19, 2026, on a negative note, with the Nifty 50 shedding −0.88% to close at 23954.95. The Nifty Bank index also saw declines, falling −0.63%, reflecting broader market weakness driven significantly by the IT sector.
Top Gainers
| Company | Price (₹) | Change (%) |
|---|---|---|
| NTPC Ltd. (NTPC) | 366.75 | +1.33% |
| Bharti Airtel Ltd. (BHARTIARTL) | 1892.4 | +0.94% |
| JIO Financial Services Ltd. (JIOFIN) | 245.9 | +0.74% |
| Bajaj Finance Ltd. (BAJFINANCE) | 965 | +0.64% |
| Nestle India Ltd. (NESTLEIND) | 1407 | +0.47% |
| Titan Company Ltd. (TITAN) | 4408 | +0.46% |
| Adani Enterprises Ltd. (ADANIENT) | 3027.1 | +0.45% |
| Apollo Hospitals Enterprise Ltd. (APOLLOHOSP) | 8449 | +0.45% |
| ICICI Bank Ltd. (ICICIBANK) | 1348.2 | +0.44% |
| Shriram Finance Ltd. (SHRIRAMFIN) | 1006.75 | +0.40% |
Amidst the broader market downturn, several stocks managed to post gains, with the utilities, telecom, and financial services sectors showing relative strength. NTPC Ltd. led the pack, gaining +1.33%, buoyed by recent announcements including the signing of SJVA-III with UPRVUNL and the commercial operation of a 34.4 MW part capacity at its Ramagundam Solar PV Project. Bharti Airtel Ltd. rose +0.94% after extending connectivity for the Indian Army in Arunachal Pradesh. Jio Financial Services Ltd. also saw a +0.74% uptick, following updates regarding its institutional investors meeting. Other notable gainers included Bajaj Finance, ICICI Bank, and Shriram Finance from the financial sector, alongside defensive plays like Nestle India.
Top Losers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Infosys Ltd. (INFY) | 1038.6 | −7.88% |
| Tata Consultancy Services Ltd. (TCS) | 2074.5 | −5.85% |
| Tech Mahindra Ltd. (TECHM) | 1378 | −4.81% |
| HCL Technologies Ltd. (HCLTECH) | 1117.8 | −3.79% |
| Wipro Ltd. (WIPRO) | 177.35 | −3.00% |
| HDFC Bank Ltd. (HDFCBANK) | 778.5 | −2.57% |
| Tata Motors Passenger Vehicles Ltd. (TMPV) | 357.95 | −1.84% |
| Mahindra & Mahindra Ltd. (M&M) | 3091 | −1.45% |
| Tata Steel Ltd. (TATASTEEL) | 197.79 | −1.36% |
| Hindustan Unilever Ltd. (HINDUNILVR) | 2190.6 | −1.26% |
The IT services sector was the primary drag on the market, with all top five losers belonging to this segment. Infosys Ltd. posted the steepest decline, falling −7.88%, followed by Tata Consultancy Services Ltd. with a −5.85% drop. Tech Mahindra Ltd., HCL Technologies Ltd., and Wipro Ltd. also saw significant losses, indicating broad-based selling pressure across the IT industry. Beyond IT, HDFC Bank Ltd. contributed to the banking sector’s weakness, while Tata Motors Passenger Vehicles Ltd. and Mahindra & Mahindra Ltd. faced headwinds in the automotive space. Tata Steel Ltd. and Hindustan Unilever Ltd. rounded out the list of top decliners.
The day’s trading clearly signals a cautious sentiment, with a sharp sell-off in IT stocks contrasting with selective buying in utilities and financial services.