Top Nifty 50 Gainers Today

• Power Grid Corporation: Up 7.55% to ₹270.90
• Adani Ports & SEZ: Up 4.61% to ₹1,371.80
• Bharat Electronics (BEL): Up 3.75% to ₹285.40
• Reliance Industries (RIL): Up 3.05% to ₹2,545.00

Top Nifty 50 Losers Today

• Shriram Finance: Down 5.66% to ₹968.30
• Max Healthcare Institute: Down 2.86% to ₹953.00
• Cipla: Down 2.53% to ₹1,307.50
• Axis Bank: Down 2.17% to ₹1,142.00

Analysis: Reasons Behind the Moves

The market sentiment on Monday was defined by a sharp "relief rally" following the volatility of the Union Budget 2026 presentation. Investors engaged in aggressive bargain hunting, particularly in blue-chip stocks that had seen steep declines in the previous session due to the hike in Securities Transaction Tax (STT) on derivatives.

Drivers for Gainers: The energy and infrastructure sectors were the primary beneficiaries of the government's continued focus on capital expenditure, which was proposed at ₹12.2 lakh crore for FY27. Power Grid emerged as the top gainer, buoyed by the infrastructure-led growth strategy. Adani Ports and L&T also saw significant buying interest as markets stabilized. The Auto sector performed exceptionally well after major OEMs reported higher-than-expected January sales figures; Tata Motors and Bharat Forge were notable contributors to this momentum. Additionally, a decline in global crude oil prices provided a tailwind for index heavyweights like Reliance Industries.

Drivers for Losers: On the flip side, the PSU Bank index faced a correction as investors reacted to the government’s announcement of a record ₹17.2 lakh crore market borrowing plan, which raised concerns about liquidity and bond yields. The IT and Healthcare sectors remained under pressure throughout the day, with stocks like Infosys and Cipla witnessing persistent selling. Analysts attributed this to a combination of profit-booking and a shift in capital toward more cyclical sectors like metals and energy. Shriram Finance led the losers' list as investors locked in gains following a period of relative outperformance in the non-banking financial company (NBFC) space.

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

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