Top Gainers & Losers: Adani Ports Leads Rally, Thursday, October 29, 2026
Top Nifty 50 Gainers Today
- Adani Ports & SEZ: Rose by approximately 4.55%.
- Power Grid Corporation: Advanced by 3.54%.
- Kotak Mahindra Bank: Gained 2.86%.
- Hindustan Unilever: Climbed 2.57%.
Top Nifty 50 Losers Today
- Trent: Slid by 2.25%.
- Asian Paints: Dropped by 1.62%.
- Maruti Suzuki: Declined by 0.73%.
- Tata Steel: Slipped by 0.50%.
Analysis: Reasons Behind the Moves
Market sentiment saw a significant boost during Thursday's trading session following the US Federal Reserve's rate pause, coupled with a marginal easing in crude prices and steady institutional buying from both foreign and domestic funds.
- Adani Ports & SEZ surged to the top of the benchmark after strong quarterly performance and solid operational volumes spurred buying momentum.
- Power Grid Corporation and Kotak Mahindra Bank tracked broader gains in the power, utility, and banking sectors as investors favored liquid, high-visibility heavyweights amid improved domestic liquidity.
- Hindustan Unilever and other defensive FMCG stocks rallied as resilient consumer demand and domestic consumption trends supported steady earnings expectations.
- Trent faced profit booking and selling pressure as investors adopted a cautious stance ahead of the company's quarterly financial results.
- Asian Paints retreated under market apprehension over elevated input costs testing near-term operating margins.
- Maruti Suzuki fell along with a weaker automobile sector, as the broader auto basket diverged from the overall market rally.