The Nifty 50 dipped 0.17% to 22682.30 on Wednesday. Gains in coal and IT companies contrasted with a broad sell-off across the financial services sector.
Top Gainers
| Company | Price | Change% |
|---|---|---|
| Coal India | ₹416.95 | +2.07% |
| Infosys | ₹1082.15 | +1.89% |
| Tata Consumer | ₹978 | +1.88% |
| Nestle India | ₹1356.8 | +1.71% |
| TCS | ₹2303.5 | +1.51% |
| HUL | ₹1897.9 | +1.19% |
| NTPC | ₹314.05 | +0.98% |
| Kotak Mahindra Bank | ₹443.15 | +0.95% |
| ONGC | ₹224.49 | +0.83% |
| JIO Financial | ₹219.56 | +0.81% |
Coal India led the market following reports of increased production and offtake. The IT sector also saw positive momentum, with Infosys gaining ground after announcing a strategic collaboration with Columbia University focused on enterprise AI. FMCG names like Tata Consumer, Nestle, and HUL also featured prominently in the top gainers list.
Top Losers
| Company | Price | Change% |
|---|---|---|
| Shriram Finance | ₹951.6 | −3.68% |
| HDFC Life | ₹547.45 | −2.24% |
| Bajaj Finserv | ₹1720.9 | −1.98% |
| SBI Life | ₹1658.9 | −1.68% |
| Dr. Reddy’s | ₹1223.8 | −1.31% |
| Hindalco | ₹890.7 | −1.28% |
| Bajaj Finance | ₹970.35 | −1.26% |
| Cipla | ₹1313.6 | −1.20% |
| Sun Pharma | ₹1751 | −1.11% |
| SBI | ₹946.95 | −1.05% |
Financial services dominated the losers list, with Shriram Finance, HDFC Life, Bajaj Finserv, SBI Life, Bajaj Finance, and SBI all facing selling pressure. Pharmaceutical companies including Dr. Reddy’s, Cipla, and Sun Pharma also saw declines during the session.
The divergence between the gainers and losers suggests a rotation out of financial services and into defensive and commodity-linked sectors.