Top Gainers & Losers: Nifty Falls; IT Stocks Drag, Financials and Auto Show Resilience | 17 Aug 2026, 12:00 PM IST
By ThePip Desk
Nifty 50 declines as IT majors lead the fall. Financial services and auto stocks show resilience, while pharma and FMCG also face selling pressure.
The Nifty 50 closed Monday’s trading session down 0.52%, shedding 127 points to settle at 24239.45. The broader market sentiment remained subdued, with the Nifty Bank also registering a decline of 0.61%, closing at 57140.15.
Top Gainers
Despite the overall market weakness, a few Nifty constituents managed to post gains, primarily led by select financial services and auto stocks. Titan Company also saw a notable uptick following positive earnings news.
| Company | Price (₹) | Change (%) |
|---|---|---|
| HDFC Life Insurance Company Ltd. | 543.3 | +1.39% |
| Hindalco Industries Ltd. | 1037.65 | +0.79% |
| Titan Company Ltd. | 5093.5 | +0.74% |
| Bajaj Auto Ltd. | 11777 | +0.66% |
| Oil & Natural Gas Corporation Ltd. | 237.84 | +0.61% |
| Bajaj Finance Ltd. | 1092.1 | +0.47% |
| Shriram Finance Ltd. | 1127 | +0.45% |
| Bharat Electronics Ltd. | 412.55 | +0.43% |
| Maruti Suzuki India Ltd. | 13879 | +0.33% |
| Bajaj Finserv Ltd. | 2014.3 | +0.30% |
Leading the gainers was HDFC Life Insurance, which saw its shares rise significantly, reflecting some positive sentiment within the insurance segment. The broader financial services sector showed resilience, with Bajaj Finance, Shriram Finance, and Bajaj Finserv also featuring prominently on the list, suggesting continued investor interest in NBFCs and diversified financial players. In the consumer discretionary space, Titan Company gained after reporting a jump in its Q1 consolidated net profit, a key driver for its performance. Hindalco Industries also closed higher, with the company having informed about recent updates, though specific details on the impact were not immediately clear. The automotive sector contributed positively with Bajaj Auto and Maruti Suzuki India showing upward movement, alongside Oil & Natural Gas Corporation (ONGC) and defence electronics firm Bharat Electronics.
Top Losers
The IT sector bore the brunt of the selling pressure, with all four major IT services companies appearing among the top losers. Pharma and FMCG stocks also experienced declines during the session.
| Company | Price (₹) | Change (%) |
|---|---|---|
| Infosys Ltd. | 1139.7 | −2.52% |
| HCL Technologies Ltd. | 1331.4 | −2.10% |
| Tata Consultancy Services Ltd. | 2317.4 | −1.85% |
| Cipla Ltd. | 1427.2 | −1.57% |
| Nestle India Ltd. | 1476 | −1.54% |
| Tech Mahindra Ltd. | 1607.9 | −1.52% |
| ITC Ltd. | 274.05 | −1.49% |
| State Bank Of India | 1053 | −1.38% |
| Sun Pharmaceutical Industries Ltd. | 1904 | −1.35% |
| Bharat Petroleum Corporation Ltd. | 315.2 | −1.33% |
Infosys led the declines, followed closely by HCL Technologies, Tata Consultancy Services, and Tech Mahindra, indicating broad-based weakness across the information technology sector. This collective downturn suggests potential concerns impacting the IT services industry. Pharmaceutical majors Cipla and Sun Pharmaceutical Industries also ended in the red, reflecting a cautious sentiment in the healthcare space. FMCG heavyweights Nestle India and ITC saw their shares fall, pointing to broader consumer sector pressures. State Bank of India, a prominent public sector bank, and Bharat Petroleum Corporation Ltd. (BPCL), from the oil & gas sector, rounded out the list of top ten losers, contributing to the overall negative market close.
Monday’s trading session revealed a clear divergence in market sentiment, with the IT and Pharma sectors experiencing significant selling pressure, while select financial and auto names managed to hold their ground and even post gains amidst a negative broader market.