Top Gainers & Losers: Nifty Edges Higher As Insurance Stocks Lead While Telecom Faces Selling Pressure | 21 Sept 2026, 12:00 PM IST
By ThePip Desk
The Nifty 50 closed at 23,398.50, up 0.22%. Insurance and pharma sectors led the gains, while telecom and IT stocks faced significant selling pressure today.
Market Overview
The Nifty 50 ended Monday’s session at 23,398.50, marking a gain of 0.22%. The Nifty Bank also saw positive momentum, closing at 56,455.00, up 0.17%. Market breadth reflected a split sentiment with specific sector rotation driving the day’s price action.
Top Gainers
| Company | Price | Change |
|---|---|---|
| HDFC Life | ₹564.55 | +2.47% |
| Sun Pharma | ₹1875.9 | +2.10% |
| SBI Life | ₹1763.2 | +1.86% |
| Hero MotoCorp | ₹5383 | +1.84% |
| ITC | ₹267.1 | +1.83% |
The insurance sector dominated the top gainers list, with HDFC Life and SBI Life leading the rally. Sun Pharmaceutical also saw strong buying interest following the company’s announcement regarding the incorporation of a new subsidiary in GIFT City, which is set to operate as the Global Treasury Centre for the group.
Top Losers
| Company | Price | Change |
|---|---|---|
| Bharti Airtel | ₹1836.9 | −2.98% |
| Adani Ports | ₹1787.2 | −2.02% |
| Wipro | ₹164.31 | −1.51% |
| Infosys | ₹1035.9 | −1.47% |
| Power Grid | ₹267.55 | −1.02% |
Selling pressure was concentrated in the telecom and IT sectors, with Bharti Airtel emerging as the day’s top loser. IT majors Wipro and Infosys also faced downward pressure, contributing to the broader market’s mixed performance.
Today’s market activity highlights a clear divergence, with defensive sectors like insurance and FMCG attracting capital while high-beta and technology stocks faced profit-taking.