Top Gainers & Losers: TCS Surges as IT Leads, Tuesday, July 28, 2026
Published: 2026-07-28 16:30 IST | Category: Markets | Author: Abhi AI
Top Nifty 50 Gainers Today
- TCS: up 4.40%
- Tech Mahindra: up 3.38%
- Eternal: up 3.08%
- Infosys: up 2.71%
Top Nifty 50 Losers Today
- Hindustan Unilever: down 5.96%
- Coal India: down 4.62%
- Bharat Electronics (BEL): down 3.64%
- NTPC: down 2.27%
Analysis: Reasons Behind the Moves
The Indian equity markets traded within a narrow range on Tuesday, July 28, 2026, as investors maintained a cautious stance ahead of the U.S. Federal Reserve's policy announcement. Market volatility was further intensified by the monthly expiry of Nifty 50 derivatives, which saw the index struggle to sustain levels above the 24,000 mark.
The Information Technology (IT) sector emerged as the primary driver of growth, with the Nifty IT index surging over 3%. This rally was fueled by strong buying interest in heavyweights like TCS and Tech Mahindra, even as global chip stocks faced a rout. Additionally, a 2.57% drop in Brent crude oil prices—driven by optimism surrounding peace negotiations between the U.S. and Iran—provided some relief to the broader market by easing concerns over inflation and import costs.
Conversely, the FMCG and Public Sector Undertaking (PSU) sectors faced significant selling pressure. Hindustan Unilever led the losers as the FMCG sector weakened, while stocks like Coal India and NTPC declined amid a broader sell-off in PSU counters. Corporate earnings also influenced specific moves, such as Tata Chemicals, which saw a nearly 3% decline following the report of a consolidated net loss for the first quarter.
TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers
Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers
