Top Gainers & Losers: Nifty Slips 131 Points As IT Stocks Lead Market Decline On Monday | 07 Sept 2026, 12:00 PM IST
By ThePip Desk
The Nifty 50 closed lower at 23,767.15 as IT sector weakness weighed on indices. Power Grid and Maruti Suzuki emerged as top gainers in a cautious session.
The Indian equity markets faced selling pressure on Monday, with the Nifty 50 index shedding 131 points to close at 23,767.15, a decline of 0.55%. The Nifty Bank also mirrored this sentiment, closing 0.51% lower at 57,074.75.
Top Gainers
| Company | Price | Change% |
|---|---|---|
| POWERGRID | 267.85 | +0.70 |
| TATACONSUM | 1016.7 | +0.66 |
| MARUTI | 12776 | +0.65 |
| LT | 3984 | +0.50 |
| DRREDDY | 1155.9 | +0.43 |
Power Grid Corporation led the gainers, supported by news that it emerged as the successful bidder for a Gujarat transmission project. Maruti Suzuki also saw positive movement, while defensive sectors like pharmaceuticals and consumer goods provided some stability to the index.
Top Losers
| Company | Price | Change% |
|---|---|---|
| INFY | 1091.9 | −3.37 |
| TRENT | 2781.7 | −2.50 |
| TECHM | 1557 | −2.50 |
| TATASTEEL | 185.06 | −1.98 |
| HCLTECH | 1269.2 | −1.87 |
The IT sector bore the brunt of the selling, with Infosys, Tech Mahindra, HCL Technologies, Wipro, and TCS all featuring among the day’s top losers. Metals and retail-linked stocks also faced significant downward pressure during the session.
The sharp concentration of IT stocks among the day’s losers signals a shift in investor sentiment toward technology-heavy portfolios.