Top Gainers & Losers: Coal India Surges, Tuesday, September 22, 2026
Published: 2026-09-22 16:30 IST | Category: Markets | Author: Abhi AI
The Indian benchmark index closed in the red on Tuesday, September 22, 2026, as the Nifty 50 dropped 0.36%. While state-run miners and select consumer discretionary stocks showed resilience, broader market performance was dragged down by pronounced weakness in technology and retail stocks.
Top Nifty 50 Gainers Today
- Coal India Ltd: Up 3.13%
- Eternal Ltd: Up 1.67%
- Titan Company Ltd: Up 1.52%
- Dr. Reddy's Laboratories Ltd: Up 1.27%
Top Nifty 50 Losers Today
- HCL Technologies Ltd: Down 1.82%
- Trent Ltd: Down 1.72%
- Tech Mahindra Ltd: Down 1.41%
- Infosys Ltd: Down 1.39%
Analysis: Reasons Behind the Moves
- Brokerage Upgrade Drives Coal India: Coal India emerged as the top performer on the Nifty 50 after Morgan Stanley upgraded the counter to "overweight" from "equal-weight," highlighting an improving earnings outlook and strong operational fundamentals.
- Momentum in Select Discretionary and Healthcare Names: Eternal extended its rally into a fifth consecutive trading session on elevated trading volumes. Titan Company gained ground amid steady buying interest in lifestyle and discretionary plays, while Dr. Reddy's Laboratories drew support from favorable broker recommendations within the pharma space.
- Sector-Wide Selling Across IT Stocks: Information technology shares faced intense downward pressure throughout the session, with the Nifty IT index shedding 1.32%. Heavyweights including HCL Technologies, Tech Mahindra, and Infosys slid as major brokerage notes cautioned against subdued earnings growth in the sector, prompting foreign institutional selling and profit booking.
- Profit Booking in Retail: Trent witnessed sharp profit-taking after its previous run-up, leading declines across consumer retail as investors rotated out of high-valuation growth stocks.
Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers
