Top Gainers & Losers: Trent Surges on Strong Earnings, Friday, October 30, 2026

Top Nifty 50 Gainers Today

• Trent: Up 5.20%
• InterGlobe Aviation (IndiGo): Up 4.06%
• Infosys: Up 3.37%
• NTPC: Up 2.23%

Top Nifty 50 Losers Today

• State Bank of India (SBI): Down 1.94%
• Mahindra & Mahindra (M&M): Down 1.93%
• Adani Ports & SEZ: Down 1.80%
• Shriram Finance: Down 1.70%

Analysis: Reasons Behind the Moves

• Trent: The Tata Group retailer led the market rally following strong demand driven by robust quarterly financial performance, with Q2 net profit growing by 25% alongside substantial revenue expansion.
• IndiGo (InterGlobe Aviation): Experienced sustained buying momentum throughout Friday's session, leading the index alongside consumer and tech heavyweights.
• Infosys & IT Pack: IT stocks saw significant buying interest, with the Nifty IT index gaining over 1.5%. The sector was boosted by strong global earnings cues after Cognizant beat quarterly estimates, as well as capital rotation into domestic technology large caps amid valuation adjustments in global AI plays.
• NTPC: Outperformed amidst defensive buying interest, with healthcare and utility names shielding the indices against broader market volatility.
• Banking and Auto Laggards (SBI & Mahindra & Mahindra): Faced persistent selling pressure as sectoral rotation out of PSU lenders and automobile manufacturers weighed on index heavyweights.
• Adani Ports & Shriram Finance: Reeled under broad-based pressure within financial services and commodities sectors, compounded by cautious sentiment from surging crude oil prices.