Top Gainers & Losers: Nifty Dips as IT Stocks Rally; Metals and FMCG Drag Market | 13 Jul 2026, 12:00 PM IST
By ThePip Desk
Indian equities saw a slight dip on Monday. IT stocks led the gainers, buoyed by positive company news, while metal and consumer names faced selling pressure, contributing to the broader market’s decline.
Indian equity markets experienced a subdued start to the week, with the Nifty 50 closing at 24136.00, down −0.29% or 71 points. The Nifty Bank also saw a decline, shedding −0.32%.
Top Gainers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Tata Consultancy Services Ltd. (TCS) | 2161.8 | +4.49% |
| HCL Technologies Ltd. (HCLTECH) | 1201.9 | +3.25% |
| Tech Mahindra Ltd. (TECHM) | 1495.9 | +2.83% |
| Infosys Ltd. (INFY) | 1087.2 | +1.80% |
| Bajaj Auto Ltd. (BAJAJ-AUTO) | 10320 | +1.61% |
| Wipro Ltd. (WIPRO) | 177.4 | +1.11% |
| Oil & Natural Gas Corporation Ltd. (ONGC) | 247.55 | +1.06% |
| HDFC Life Insurance Company Ltd. (HDFCLIFE) | 572.9 | +0.92% |
| Adani Enterprises Ltd. (ADANIENT) | 3184.5 | +0.86% |
| Mahindra & Mahindra Ltd. (M&M) | 3150.8 | +0.68% |
The IT sector emerged as the clear frontrunner among Monday’s top gainers, demonstrating robust performance across major players. Tata Consultancy Services (TCS) led the charge, rallying a significant +4.49% after announcing a 5% rise in its Q1 consolidated net profit, alongside a 13.44% increase in total consolidated income for the quarter. HCL Technologies also saw substantial upward movement, climbing +3.25%, driven by news of a strategic partnership with a Europe-headquartered Fortune Global 50 firm, valued at an estimated $1.14 billion, and another collaboration with Neutrinos. Tech Mahindra followed suit, gaining +2.83%, buoyed by its partnership with Adroit Associates for supply chain transformation and its subsidiary’s acquisition of Alyis Servicos Tecnicos. Infosys and Wipro further solidified the IT sector’s strong showing. Outside of technology, auto major Bajaj Auto and oil and gas explorer ONGC also posted modest gains, indicating some diversified interest.
Top Losers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Tata Steel Ltd. (TATASTEEL) | 186.59 | −2.41% |
| Interglobe Aviation Ltd. (INDIGO) | 5206 | −2.00% |
| Grasim Industries Ltd. (GRASIM) | 3158.3 | −1.72% |
| JSW Steel Ltd. (JSWSTEEL) | 1224.4 | −1.69% |
| Nestle India Ltd. (NESTLEIND) | 1434.2 | −1.44% |
| Bajaj Finserv Ltd. (BAJAJFINSV) | 1890.1 | −1.35% |
| Hindustan Unilever Ltd. (HINDUNILVR) | 2126 | −1.14% |
| Eicher Motors Ltd. (EICHERMOT) | 7285.5 | −1.09% |
| Tata Consumer Products Ltd. (TATACONSUM) | 1099.9 | −1.08% |
| Dr. Reddy’s Laboratories Ltd. (DRREDDY) | 1231 | −1.07% |
On the losing side, the metals sector faced significant headwinds, with both Tata Steel and JSW Steel registering notable declines. Tata Steel dropped −2.41%, while JSW Steel fell −1.69%, reflecting broader pressures within the steel industry. The Fast-Moving Consumer Goods (FMCG) segment also witnessed selling pressure, as Nestle India, Hindustan Unilever, and Tata Consumer Products all closed in the red, indicating a cautious outlook on consumer discretionary spending. Interglobe Aviation (Indigo) was among the top losers, declining −2.00%, possibly due to sector-specific concerns not detailed in the available news. Financial services player Bajaj Finserv and auto manufacturer Eicher Motors also registered losses. The mixed performance, characterized by strong gains in IT contrasting with weakness in metals and consumer staples, suggests a highly selective and cautious sentiment pervaded the market today.