Top Gainers & Losers: Bajaj Finance Leads the Rally, Wednesday, September 23, 2026

Top Nifty 50 Gainers Today

• Bajaj Finance: up 3.41%
• Hindalco Industries: up 3.17%
• Tata Steel: up 3.16%
• Apollo Hospitals: up 2.64%

Top Nifty 50 Losers Today

• HCL Technologies: down 1.08%
• Titan Company: down 0.98%
• Tata Consultancy Services (TCS): down 0.93%
• Infosys: down 0.86%

Analysis: Reasons Behind the Moves

• Bullish Brokerage Re-ratings Boost Bajaj Finance: Bajaj Finance topped the Nifty 50 leaderboard following upbeat assessments from global brokerage firms. Notably, UBS upgraded the counter to Neutral from Sell and raised its target expectations by roughly 21%, citing improving asset quality, moderating credit costs, and strong prospects for personal loan disbursements. Continued positive institutional engagement and roadshow feedback further supported buying momentum.

• Surging Commodity Prices Lift Metal Stocks: Metal manufacturers including Hindalco Industries and Tata Steel rallied strongly. The sector was propelled by a sharp run-up in global industrial metal and copper prices—driven by supply disruptions in key exporting countries—as well as positive domestic developments around the central government's mining policy framework.

• Pre-Earnings Jitters Weigh on IT Heavyweights: Technology majors such as HCL Technologies, TCS, and Infosys emerged as the day's primary laggards. The decline in the IT sector reflected ongoing caution and portfolio rebalancing as institutional investors reassessed growth expectations ahead of the September-quarter earnings season.

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