Top Gainers & Losers: Axis Bank and Adani Ports, Monday, October 19, 2026

Top Nifty 50 Gainers Today

• Adani Ports and Special Economic Zone: Up 1.07%
• State Bank of India (SBI): Up 0.89%
• Larsen & Toubro (L&T): Up 0.74%
• Maruti Suzuki: Up 0.64%

Top Nifty 50 Losers Today

• Axis Bank: Down 3.77%
• Infosys: Down 1.79%
• HDFC Bank: Down 1.35%
• Hindustan Unilever (HUL): Down 0.71%

Analysis: Reasons Behind the Moves

• Banking Sector Divergence: The broader banking sector weighed heavily on benchmark indices, with private lenders driving the decline. Axis Bank faced aggressive selling and plunged despite posting a 37.6% year-on-year increase in quarterly net profit, as investors locked in profits following recent rallies and scrutinized underlying margins and provisioning. HDFC Bank also trended lower ahead of earnings assessments. In contrast, state-run lenders demonstrated strong relative resilience; State Bank of India gained as the PSU banking pack bucked the broader market's weakness.
• IT and FMCG Heavyweights Under Pressure: Infosys slipped as technology counters tracked overnight and regional volatility in global tech shares. FMCG major Hindustan Unilever edged lower alongside broader cautious sentiment, as investors pruned positions ahead of mid-week domestic market holidays and monitored upcoming quarterly earnings across heavyweights.
• Selective Outperformance in Infra and Capital Goods: Adani Ports, Larsen & Toubro, and Maruti Suzuki provided rare green spots in an otherwise weak trading session. Sustained institutional support for infrastructure and industrial names helped these large caps decouple from broader index selling pressure.

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