Top Gainers & Losers: Hindalco Leads Metal Resilience, Monday, August 24, 2026
Published: 2026-08-24 16:30 IST | Category: Markets | By Flash Finance desk (written with AI assistance) · Editor: Kokila
Top Nifty 50 Gainers Today
Top Nifty 50 Losers Today
- Bharat Electronics: down 1.86%
- Bajaj Finserv: down 1.54%
- Adani Ports: down 1.44%
- State Bank of India (SBI): down 1.44%
Analysis: Reasons Behind the Moves
The Indian equity market remained under pressure throughout the session on Monday, August 24, 2026, primarily due to a weak global cues and persistent uncertainty in the Middle East. A key factor weighing on the indices was the anticipation of new U.S. sanctions on Iran, which kept investors on edge. Additionally, global bond yields remained elevated, prompting concerns over inflation and future interest rate trajectories, which particularly impacted rate-sensitive sectors.
Sectorally, the financial and banking segments witnessed heavy selling, with the State Bank of India dropping 1.44%. The defense sector also saw a significant pullback, led by Bharat Electronics, which fell 1.86%. Conversely, the IT sector emerged as a pocket of strength, with major players like Infosys and HCL Tech rising over 1.30% as investors pivoted toward large-cap tech. The metal sector also showed resilience; Hindalco led the Nifty gainers with a 1.60% increase, supported by selective buying interest despite the volatile environment. Crude oil prices offered a slight reprieve by easing between 1.32% and 1.60%, though Brent crude stayed above the $90 per barrel mark, maintaining a cautious outlook for the domestic economy.
TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers
Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers
