Top Gainers & Losers: Infosys and Bajaj Finance, Wednesday, October 21, 2026

Top Nifty 50 Gainers Today

• Infosys: up 3.30%
• HCL Technologies: up 3.21%
• Tech Mahindra: up 3.13%
• Tata Consultancy Services (TCS): up 2.77%

Top Nifty 50 Losers Today

• Bajaj Finance: down 3.27%
• Nestle India: down 2.79%
• Eicher Motors: down 2.43%
• Trent: down 2.41%

Analysis: Reasons Behind the Moves

Information Technology Outperformance
The information technology sector was the clear standout performer of the session, with the Nifty IT index advancing 2.52% as the only major sectoral index to log gains. Heavyweights including Infosys (up 3.30%), HCL Technologies (up 3.21%), Tech Mahindra (up 3.13%), and TCS (up 2.77%) drew steady investor interest. Strong sentiment in global tech markets and solid early corporate earnings spurred defensive buying into Indian IT exporters amid broader domestic market softness.

Bajaj Finance Drags Financials
Bajaj Finance dropped 3.27%, finishing as the worst-performing stock on the Nifty 50. While the company reported a healthy second-quarter net profit increase of approximately 28.7% to 29% year-on-year alongside improving asset quality, the stock suffered from aggressive "sell-the-news" profit-taking. Investor caution was further intensified by regulatory impacts concerning caps on insurance commissions and revolver loan regulations.

Macro Headwinds Pressure Auto, FMCG, and Retail
Automobile, consumer, and retail heavyweights faced selling pressure as rising crude oil prices stoked worries regarding imported inflation and potential margin compression. The Nifty Auto index dropped 1.99%, dragging down Eicher Motors by 2.43%. In retail and consumption segments, Trent shed 2.41% and Nestle India declined 2.79% as investors scaled back exposure to consumer-facing businesses exposed to elevated input and freight costs.

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