Top Gainers and Losers: Bharti Airtel, Infosys, HCL Tech Among Top Losers; Nifty Ends Below 25,020
Indian stock markets closed in negative territory on Thursday, May 16, amid selling pressure in heavyweight stocks like Bharti Airtel, Infosys, HCL Technologies, and others. The broader market, however, witnessed notable activity with the NIFTY Smallcap and Midcap indices outperforming the frontline indices.
Market Overview:
The BSE SENSEX declined by 200 points, settling at 82,330.59, while the NSE NIFTY50 lost 42 points to end the session at 25,019.80. During the intraday session, Nifty briefly dipped below the key 25,000 mark, and the SENSEX saw a fall of up to 384 points, reflecting weak investor sentiment.
Top Losers on NIFTY50:
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Bharti Airtel was the biggest laggard, falling 2.83% to ₹1,814.40. The decline followed reports that Singapore’s Singtel, via its subsidiary Pastel, offloaded a 0.8% stake in the company through block deals. As per CNBC-TV18, the deal was valued around ₹8,570 crore with JPMorgan acting as broker.
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Other notable losers included:
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HCL Technologies: -2.06%
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Infosys: -1.46%
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JSW Steel: -1.35%
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Shriram Finance: -1.26%
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Top Gainers on NIFTY50:
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Bharat Electronics emerged as the top gainer, rising 3.82% to ₹363.80, driven by strong interest in defense sector stocks.
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Additional gainers were:
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Tata Consumer Products: +1.99%
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Bajaj Auto: +1.98%
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Adani Enterprises: +1.23%
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Hindustan Unilever: +1.05%
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NIFTY Midcap 100 Performance:
The NIFTY Midcap 100 index gained 0.94% (530 points) to close at 57,060.50, outperforming the Nifty 50. Out of the 100 stocks, 72 ended in green, while 28 declined.
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Top Gainers:
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Cochin Shipyard: +12.96%
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Mazagon Dock: +10.73%
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Premier Energies: +9.59%
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RVNL: +9.18%
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SJVN: +6.10%
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Top Losers:
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KPIT Technologies: -2.10% to ₹1,363
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LT Foods: -1.76%
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Patanjali Foods: -1.72%
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Jubilant FoodWorks: -1.54%
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Max Healthcare: -1.48%
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NIFTY Smallcap 100 Highlights:
The NIFTY Smallcap 100 index posted a 1.86% gain, ending at 17,560.40, leading the market performance for the day with 71 stocks in green.
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Top Gainers:
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IFCI: +15% to ₹51.40 after reporting a 44.4% YoY jump in Q4 FY25 net profit to ₹227.28 crore.
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RITES Ltd: +14.80%, buoyed by strong sentiment in railway-related stocks.
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Titagarh Rail Systems: +12.72%
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Garden Reach Shipbuilders & Engineers: +10.09%
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Data Patterns: +9.75%
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Anant Raj: +8.85%
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Top Losers:
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Godfrey Phillips: -5% to ₹8,718, a day after declaring Q4 FY25 results.
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Net profit surged 30.73% YoY to ₹293.96 crore (vs ₹224.86 crore last year).
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Other laggards included:
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Neuland Labs: -6.91%
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HFCL: -1.84%
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Piramal Pharma: -1.73%
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Zensar Technologies: -1.65%
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Overall, while the benchmark indices closed weaker amid selling in large caps, the broader market showed resilience. Strong buying in defense and railway-related stocks indicated continued investor interest in specific sectors despite broader market caution.
Source -upstox(Top Gainers and Losers)
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