Top Gainers & Losers: Bajaj Finserv Leads Market Rally, Monday, August 03, 2026
Published: 2026-08-03 16:30 IST | Category: Markets | By Flash Finance desk (written with AI assistance) · Editor: Kokila
Top Nifty 50 Gainers Today
- Bajaj Finserv: up 6.30%
- InterGlobe Aviation: up 4.37%
- Tata Consultancy Services (TCS): up 3.71%
- Infosys: up 3.63%
Top Nifty 50 Losers Today
- Sun Pharmaceutical: down 2.29%
- Apollo Hospitals: down 1.53%
- Maruti Suzuki: down 0.94%
- Bharti Airtel: down 0.91%
Analysis: Reasons Behind the Moves
The Indian equity markets started the week on a bullish note, primarily driven by a significant drop in international crude oil prices. Brent crude fell by nearly 5% following reports that the United States and Iran would resume diplomatic negotiations, reducing immediate fears of supply disruptions in the Middle East. For an oil-importing nation like India, lower energy costs are seen as a major tailwind for reducing inflation and improving corporate margins.
Financial and IT Sector Strength: Financial heavyweights like Bajaj Finserv and Bajaj Finance saw strong buying interest, providing significant support to the benchmark indices. The IT sector also witnessed a robust recovery, with TCS and Infosys leading the gains as investors rotated capital into large-cap tech stocks following a period of relative underperformance.
Aviation Boost: InterGlobe Aviation (IndiGo) emerged as a top gainer, benefiting directly from the slump in crude oil prices. Since aviation turbine fuel (ATF) constitutes a major portion of airline operating costs, the drop in oil prices significantly improved the outlook for the carrier's profitability.
Sectoral Laggards: In contrast, the Nifty Pharma index was the sole sectoral loser of the day. Sun Pharmaceutical and Apollo Hospitals faced profit-booking after recent rallies. The automotive sector saw mixed performance; while TVS Motor reported record monthly sales, Maruti Suzuki ended the day in the red as investors remained cautious about high valuations in the passenger vehicle segment.
TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers
Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers
