Top Gainers & Losers: ITC Leads Rally, Monday, October 05, 2026
Published: 2026-10-05 16:30 IST | Category: Markets | By Flash Finance desk (written with AI assistance) · Editor: Kokila
Top Nifty 50 Gainers Today
- ITC: Up 3.28%
- Shriram Finance: Up 2.62%
- Tata Motors Passenger Vehicles Limited: Up 2.61%
- NTPC: Up 2.35%
Top Nifty 50 Losers Today
- HCL Technologies: Down 3.15%
- Asian Paints: Down 2.28%
- HDFC Bank: Down 2.05%
- Hero MotoCorp: Down 1.50%
Analysis: Reasons Behind the Moves
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Market Overview & Macro Drivers: Following eight consecutive weeks of declines, domestic benchmark indices rebounded as sentiment improved on cooler-than-expected US employment data, which dampened expectations of immediate aggressive monetary tightening by the Federal Reserve. A moderation in crude oil benchmarks and easing volatility in global bond yields also provided temporary relief to emerging-market equities.
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Why Gainers Rose:
- ITC & NTPC: Investors rotated into defensive and high-dividend yielding plays, lifting ITC by 3.28% and utility heavyweight NTPC by 2.35%.
- Shriram Finance: Non-banking financial companies received a boost from softening global bond yields and moderating rate concerns, leading Shriram Finance to climb 2.62%.
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Tata Motors Passenger Vehicles: Selected buying returned to the commercial and passenger automotive space following recent corrections, driving a 2.61% gain.
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Why Losers Declined:
- HCL Technologies: The IT sector witnessed substantial profit booking ahead of the second-quarter earnings season, with analysts remaining cautious over global discretionary tech spending and AI-driven pricing constraints, pulling the stock down 3.15%.
- Asian Paints: The counter faced persistent selling, sliding 2.28% amid ongoing margin concerns and elevated raw material costs lingering from the previous quarter.
- HDFC Bank: Despite initial positive momentum following the Reserve Bank of India's clearance of Anup Bagchi as the incoming MD and CEO, the stock erased morning gains and dropped 2.05% as private banking stocks faced extended institutional selling pressure.
- Hero MotoCorp: Two-wheeler counters came under pressure from sector rotation and cautious pre-festive channel check expectations, declining 1.50%.
Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers
