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Top Gainers & Losers: Dr. Reddy's Leads Market Rebound, Thursday, January 22, 2026

Published: 2026-01-22 16:30 IST | Category: Markets | Author: Abhi

Top Gainers & Losers: Dr. Reddy's Leads Market Rebound, Thursday, January 22, 2026

Top Nifty 50 Gainers Today

  • Dr. Reddy's Laboratories: The pharma giant emerged as the top performer, surging 5.17% to close at ₹1,217.
  • Bharat Electronics Ltd (BEL): Following strong buying interest in the defense sector, BEL advanced 3.22% to ₹415.60.
  • Tata Steel: The metal major rose 2.42%, closing at ₹188.88, tracking a recovery in global commodity sentiment.
  • Adani Ports & SEZ: Shares gained 2.42% to settle at ₹1,412 as logistics and infrastructure stocks saw renewed demand.

Top Nifty 50 Losers Today

  • Eternal Ltd: The stock led the laggards, retreating 2.22% to close at ₹277.20 amid profit booking.
  • SBI Life Insurance: The insurer slipped 1.69% to ₹2,020.70 as investors shifted focus toward high-growth cyclical sectors.
  • Titan Company: Shares fell 1.67% to ₹4,011.20, impacted by a broader slowdown in the consumer durables segment today.
  • Maruti Suzuki: The auto major faced selling pressure, ending the session in the red as part of a selective rotation out of heavyweight stocks.

Analysis: Reasons Behind the Moves

  • Easing Geopolitical and Trade Tensions: Sentiment was significantly lifted after US President Donald Trump rolled back tariff threats against European nations following a framework deal on Greenland. His optimistic comments regarding a potential "great" trade deal between the US and India provided a strong tailwind for domestic equities.
  • Positive Domestic Outlook: The RBI's January bulletin projected a healthy GDP growth of 7.4% for FY26, reinforcing confidence in the Indian economy's resilience despite persistent selling by Foreign Portfolio Investors (FPIs).
  • Sectoral Rotation: Buying was broad-based but led specifically by the Pharma, Metal, and PSU Bank sectors. Conversely, the Realty and Consumer Durables sectors faced headwinds, leading to the decline in stocks like Titan and Eternal.
  • Global Relief Rally: Indian markets tracked a strong overnight rally in the US, where the S&P 500 recorded its best one-day performance in two months, coupled with positive cues from Davos discussions that helped alleviate immediate geopolitical worries.

TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers

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

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