Top Gainers & Losers: Nifty Slips As IT Stocks Drag Markets While Energy And Pharma Advance | 22 Sept 2026, 12:00 PM IST
By ThePip Desk
The Nifty 50 closed at 23380.65, down 0.14% on Tuesday. Energy and pharma names led the gainers, while IT sector weakness dominated the list of top losers.
The Nifty 50 index ended the session at 23380.65, marking a decline of 0.14%, while the Nifty Bank index fell 0.31% to 56296.60. Market sentiment remained cautious throughout the day, with clear sectoral divergence between the top gainers and losers.
Top Gainers
| Company | Price | Change% |
|---|---|---|
| Coal India | 426.3 | +2.80% |
| Dr. Reddy’s | 1214.9 | +1.39% |
| Titan | 4940.5 | +1.34% |
| HDFC Life | 564.7 | +0.95% |
| HDFC Bank | 745.3 | +0.78% |
Coal India led the gainers despite recent production updates. In the pharmaceutical space, Dr. Reddy’s Laboratories saw positive momentum following the launch of NIVORZ, which expands the company’s immuno-oncology portfolio. Titan Company also featured prominently, having recently informed the market about an investor meet.
Top Losers
| Company | Price | Change% |
|---|---|---|
| HCL Tech | 1258.8 | -1.73% |
| Tech Mahindra | 1535.5 | -1.48% |
| Cipla | 1367 | -1.38% |
| Infosys | 1025.2 | -1.28% |
| TCS | 2104.9 | -1.12% |
The IT sector faced significant selling pressure, with HCL Technologies, Tech Mahindra, Infosys, and TCS all appearing among the day’s top losers. Pharmaceutical stocks also saw some profit-taking, with Cipla ending lower on the session. The divergence between IT and other sectors suggests a rotation of investor interest away from technology stocks today.