Top Gainers & Losers: Nifty Rises; Telecom, Pharma Lead Gains While IT, Metals Weigh Down | 09 Jul 2026, 12:00 PM IST
By ThePip Desk
Nifty 50 advances, closing up 179 points. Telecom and pharma stocks lead the day’s gains, while IT services and metal companies face selling pressure.
The Nifty 50 closed Thursday’s trading session higher, gaining +179 points or +0.75% to settle at 24061.40. The broader market sentiment was positive, with the Nifty Bank index also advancing +1.09% to 57362.85.
Top Gainers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Bharti Airtel Ltd. | 1953.4 | +3.46 |
| Sun Pharmaceutical Industries Ltd. | 1935.9 | +2.53 |
| Eternal Ltd. | 293.7 | +2.44 |
| Max Healthcare Institute Ltd. | 1108.7 | +2.20 |
| Bajaj Finserv Ltd. | 1894.5 | +2.13 |
| Shriram Finance Ltd. | 1033.3 | +1.86 |
| Tata Consumer Products Ltd. | 1109.5 | +1.81 |
| Grasim Industries Ltd. | 3189.4 | +1.74 |
| Interglobe Aviation Ltd. | 5210.5 | +1.69 |
| Asian Paints Ltd. | 2710.8 | +1.68 |
Leading the charge among gainers was Bharti Airtel Ltd., which saw its shares rise significantly. The telecom giant recently announced an extension of its connectivity services for the Amarnath Yatra pilgrimage, a move likely interpreted by investors as a positive step towards enhancing its network reach and service reliability for a large user base. Sun Pharmaceutical Industries Ltd. also posted strong gains, with the company informing the exchange about an agreement to acquire Innovcare Lifesciences, a development that typically signals strategic expansion. Eternal Ltd. also moved up after informing about a disclosure. Beyond these, the healthcare sector showed strength through Max Healthcare Institute Ltd., while non-banking financial companies (NBFCs) like Bajaj Finserv Ltd. and Shriram Finance Ltd. also performed well. Consumer-facing stocks such as Tata Consumer Products Ltd. and Asian Paints Ltd., alongside Interglobe Aviation Ltd. from the aviation sector, rounded out the top performers, indicating broad-based interest in consumer discretionary and essential segments.
Top Losers
| Company | Price (₹) | Change (%) |
|---|---|---|
| Dr. Reddy’s Laboratories Ltd. | 1284.4 | −4.79 |
| Infosys Ltd. | 1048.1 | −1.98 |
| Hindalco Industries Ltd. | 960.05 | −1.19 |
| Tata Consultancy Services Ltd. | 2035.8 | −1.05 |
| NTPC Ltd. | 346.35 | −0.67 |
| Oil & Natural Gas Corporation Ltd. | 245.35 | −0.67 |
| Eicher Motors Ltd. | 7372 | −0.63 |
| Tech Mahindra Ltd. | 1420.7 | −0.57 |
| Bajaj Finance Ltd. | 1005.8 | −0.46 |
| Tata Steel Ltd. | 187.48 | −0.38 |
On the flip side, Dr. Reddy’s Laboratories Ltd. experienced the sharpest decline, an outlier given the generally positive performance of the broader pharmaceutical sector. The information technology services sector faced considerable selling pressure, with major players like Infosys Ltd., Tata Consultancy Services Ltd., and Tech Mahindra Ltd. all closing in negative territory, reflecting potential concerns within the IT space. The metals sector also saw weakness, as Hindalco Industries Ltd. and Tata Steel Ltd. recorded losses. Other notable decliners included public sector undertakings NTPC Ltd. and Oil & Natural Gas Corporation Ltd., along with automobile major Eicher Motors Ltd. and NBFC Bajaj Finance Ltd., suggesting a cautious approach towards certain heavy industry and financial stocks.
The day’s trading, marked by strong gains in specific sectors like telecom and pharma and declines in IT and metals, suggests a selective bullish sentiment prevailing in the market.