Top Gainers & Losers: Nifty Edges Higher As Cement And Energy Stocks Outperform Tech Sector Selloff | 18 Sept 2026, 12:00 PM IST
By ThePip Desk
The Nifty 50 closed at 23299.45, gaining 0.12% as strength in cement and energy stocks countered a broad decline across the technology and automotive sectors.
Market Overview
The Nifty 50 concluded Friday’s session at 23299.45, posting a modest gain of 29 points or 0.12%. Market sentiment remained cautious but supported by gains in heavyweights, while the Nifty Bank index also finished in positive territory, rising 0.21%.
Top Gainers
| Company | Price | Change% |
|---|---|---|
| Ultratech Cement | ₹11000 | +2.19% |
| BPCL | ₹313.45 | +2.10% |
| Dr. Reddy’s | ₹1196.1 | +1.80% |
| IndiGo | ₹4931.5 | +1.79% |
| Shriram Finance | ₹1011.9 | +1.70% |
Cement and energy stocks led the rally today. Ultratech Cement saw gains following news of a management change and the company’s entry into the wires and cables business under the Ultravolt brand. Dr. Reddy’s Laboratories also trended higher after launching the oncology drug NIVORZ, strengthening its immuno-oncology portfolio. Bharat Petroleum Corporation saw buying interest ahead of its scheduled analyst meet.
Top Losers
| Company | Price | Change% |
|---|---|---|
| Tata Motors PV | ₹305.35 | −2.91% |
| TCS | ₹2129.4 | −2.77% |
| Tech Mahindra | ₹1535.8 | −1.61% |
| Coal India | ₹411.4 | −1.58% |
| Wipro | ₹163.99 | −1.45% |
The technology sector faced significant selling pressure, with TCS, Tech Mahindra, Wipro, and HCL Technologies all featuring among the day’s top losers. Automotive stocks also struggled, as Tata Motors Passenger Vehicles and Maruti Suzuki both recorded declines, reflecting broader weakness in the auto space.
Today’s market performance signals a rotation out of technology and automotive names into defensive and infrastructure-linked sectors.