Top Nifty 50 Gainers Today

• InterGlobe Aviation (IndiGo): Up 4.32% to ₹4,945.00
• Tech Mahindra: Up 3.74% to ₹1,730.00
• Kotak Mahindra Bank: Up 2.72% to ₹428.00
• Hindustan Unilever (HUL): Up 2.56% to ₹2,420.80

Top Nifty 50 Losers Today

• Wipro: Down 7.80% to ₹246.60
• Reliance Industries (RIL): Down 3.45% to ₹1,415.50
• Eternal: Down 3.18% to ₹284.40
• ICICI Bank: Down 2.95% to ₹1,382.40

Analysis: Reasons Behind the Moves

The Indian equity markets faced a volatile session on Monday, primarily driven by a cocktail of negative global news and lackluster domestic corporate earnings.

• Global Tariff Concerns: Investor sentiment was dampened by U.S. President Donald Trump’s latest proposal to impose tariffs ranging from 10% to 25% on eight European countries. This move revived fears of a global trade war, spooking international markets and leading to a risk-off sentiment in emerging markets like India.
• Disappointing Q3 Earnings: Several Nifty heavyweights reported Q3 FY26 results that failed to meet market expectations. Reliance Industries saw its stock slide after reporting nearly flat profit growth, while ICICI Bank faced a 4% year-on-year decline in standalone net profit. Wipro emerged as the biggest loser following a sharp reaction to its quarterly performance and outlook.
• Sectoral Divergence: Despite the broader market weakness, the FMCG and Auto sectors showed resilience. InterGlobe Aviation (IndiGo) led the gainers' list, benefiting from strong operational tailwinds, while Tech Mahindra stood out in an otherwise pressured IT sector.
• Stock-Specific Pressure: Eternal (parent of Blinkit) faced selling pressure following social media criticism regarding its 10-minute delivery model and the subsequent removal of those claims from its platform, raising concerns about its immediate strategy and execution.
• FII Outflows: Continued selling by Foreign Institutional Investors (FIIs) ahead of the Union Budget on February 1, 2026, added further pressure on the benchmark indices, with investors remaining cautious in the absence of strong positive triggers.

TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers

Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers