Top Gainers & Losers: HDFC Life and Shriram Finance Lead, Thursday, November 12, 2026

The Indian benchmark index witnessed a range-bound and volatile session on Thursday, November 12, 2026, closing slightly in positive territory. Strong buying in non-banking financial companies (NBFCs), private financials, and life insurers helped counterbalance profit-booking in automotive, FMCG, and IT stocks.

Top Nifty 50 Gainers Today

• HDFC Life Insurance Company: Up 3.69%, leading the benchmark index on robust buying in insurance and financial services.
• Shriram Finance: Up 3.58%, continuing its strong upward momentum backed by heavy trading activity.
• Bajaj Finance: Up 2.99%, gaining solid ground as part of a broader rally in non-banking financial leaders.
• SBI Life Insurance Company: Up 2.68%, tracking broad-based sector strength across life insurance providers.

Top Nifty 50 Losers Today

• Mahindra & Mahindra (M&M): Down 2.04%, emerging as the primary laggard on the Nifty 50 as automotive stocks came under sustained pressure.
• Nestle India: Down 1.75%, weighed down by profit-taking across defensive and FMCG counters.
• Tata Consultancy Services (TCS): Down 1.57%, retreating alongside other major technology peers.
• Grasim Industries: Down 1.47%, seeing institutional profit-booking following recent market advances.

Analysis: Reasons Behind the Moves

• Financial and Insurance Outperformance: A sustained wave of foreign institutional investor (FII) buying provided tailwinds to high-conviction financial and NBFC names like Shriram Finance, Bajaj Finance, and HDFC Life. A softening trend in global crude oil prices also provided macro relief for interest-rate-sensitive counters.
• Automotive Sector Drag: Mahindra & Mahindra and auto peers faced sharp selling pressure, making Nifty Auto the weakest sectoral pocket as traders took profits following earlier multi-session gains.
• Global Tech Caution & Domestic Data Jitters: IT majors including TCS slipped following overnight weakness in global tech shares, alongside cautious positioning by institutional investors ahead of key domestic monthly CPI inflation data.