Top Gainers & Losers: Nifty Slips As Banking Stocks Rally While Auto Sector Faces Sharp Sell-off | 01 Oct 2026, 12:00 PM IST
By ThePip Desk
The Nifty 50 closed at 22544.15, down 0.34% on Thursday. While banking and IT stocks led the gains, the auto sector faced significant selling pressure.
The Nifty 50 index ended the trading session at 22544.15, marking a decline of 0.34%. Despite the broader index weakness, the Nifty Bank index showed resilience, finishing at 54883.55 with a gain of 0.46%.
Top Gainers
| Company | Price | Change% |
|---|---|---|
| KOTAKBANK | 425.75 | +2.10% |
| HDFCLIFE | 531.7 | +2.01% |
| INFY | 1013.85 | +1.99% |
| HCLTECH | 1247.3 | +1.41% |
| HDFCBANK | 717.6 | +1.26% |
| TCS | 2074.5 | +1.17% |
| TATACONSUM | 958 | +0.90% |
| TECHM | 1535.7 | +0.77% |
| NESTLEIND | 1319 | +0.69% |
| SBILIFE | 1706.5 | +0.60% |
Banking and IT stocks dominated the top gainers list. Kotak Mahindra Bank rose after launching a co-branded credit card for small business owners in partnership with Amazon Pay. Meanwhile, Infosys shares climbed following the extension of its collaboration with ABN AMRO Bank to accelerate AI-driven digital transformation.
Top Losers
| Company | Price | Change% |
|---|---|---|
| BAJAJ-AUTO | 9960 | −8.41% |
| M&M | 2867.7 | −2.79% |
| GRASIM | 2981.4 | −2.63% |
| EICHERMOT | 6969 | −2.53% |
| MARUTI | 11673 | −2.46% |
| JIOFIN | 211.82 | −2.33% |
| SHRIRAMFIN | 960.05 | −2.30% |
| ULTRACEMCO | 10717 | −2.18% |
| ADANIPORTS | 1763.9 | −1.91% |
| TMPV | 278.15 | −1.89% |
The auto sector faced a sharp downturn, with Bajaj Auto, Mahindra & Mahindra, Eicher Motors, Maruti Suzuki, and Tata Motors Passenger Vehicles all featuring among the day’s biggest losers. This broad decline across automotive manufacturers reflects significant negative sentiment within the sector.
The divergence between the banking sector’s gains and the auto sector’s losses suggests a rotation in investor preference toward financial services and technology over capital-intensive manufacturing.