Top Gainers & Losers: Nifty Slips 112 Points as Banking Stocks Lead Market Decline on Tuesday | 08 Sept 2026, 12:00 PM IST
By ThePip Desk
The Nifty 50 shed 0.47% to close at 23,667.55 today. Defence and metals outperformed while banking and oil sectors faced significant selling pressure.
Top Gainers
| Company | Price | Change% |
|---|---|---|
| Bharat Electronics Ltd. | 415.85 | +2.93 |
| Hindustan Unilever Ltd. | 1983.8 | +1.21 |
| Hindalco Industries Ltd. | 1018.2 | +1.21 |
| Hero MotoCorp Ltd. | 5321.5 | +0.98 |
| Apollo Hospitals Enterprise Ltd. | 8844 | +0.96 |
Bharat Electronics led the gains today, buoyed by the announcement of new orders for communication and radar equipment. Hindalco Industries also saw positive momentum following the commissioning of its new renewable energy-powered alumina plant in Karnataka. The broader gainer list reflects a mix of defensive consumer staples and industrial manufacturing strength.
Top Losers
| Company | Price | Change% |
|---|---|---|
| ICICI Bank Ltd. | 1402.5 | −1.75 |
| Axis Bank Ltd. | 1244.1 | −1.73 |
| Bharat Petroleum Corporation Ltd. | 307.6 | −1.69 |
| Reliance Industries Ltd. | 1294.3 | −1.16 |
| Maruti Suzuki India Ltd. | 12624 | −1.07 |
Banking stocks dominated the list of losers, with ICICI Bank and Axis Bank seeing the sharpest declines during the session. The weakness extended to the oil and gas sector with Bharat Petroleum, alongside heavyweights like Reliance Industries and automotive manufacturer Maruti Suzuki. This selling pressure across key financial and industrial heavyweights dragged the Nifty index lower.
Today’s market split highlights a defensive rotation, with investors favoring industrial and consumer staples while trimming exposure to the banking and energy sectors.