Top Nifty 50 Gainers Today

• Axis Bank: The stock emerged as the top performer, jumping approximately 4.45% to close at ₹1,314.
• Adani Enterprises: Shares advanced by 4.29%, settling at ₹1,944.10 as the group saw a broad recovery.
• Adani Ports & SEZ: The logistics giant rose 2.85% to ₹1,345.70, benefiting from trade-related optimism.
• Grasim Industries: The diversified conglomerate climbed 2.95%, ending the session at ₹2,840.40.

Top Nifty 50 Losers Today

• Mahindra & Mahindra (M&M): The auto major was the biggest laggard, retreating 5.06% to ₹3,364.10.
• Kotak Mahindra Bank: Shares slipped 4.09%, closing at ₹405.50 amid sectoral rotation.
• Asian Paints: The stock hit a three-month low, falling 3.75% to ₹2,602.40.
• Maruti Suzuki: The carmaker fell 1.68%, reflecting broader weakness in the automotive sector.

Analysis: Reasons Behind the Moves

The primary catalyst for the market's upward trajectory was the announcement of a historic Free Trade Agreement (FTA) between India and the European Union. Termed the "mother of all deals" by Prime Minister Narendra Modi, the agreement aims to eliminate or significantly reduce tariffs on a wide range of goods, including machinery, pharmaceuticals, and food products, which provided a significant sentiment boost to trade-linked sectors.

Specific stock movements were driven by the following factors:

• Strong Banking Earnings: Axis Bank’s rally was fueled by its Q3 FY26 results, which reported a 2.94% year-on-year increase in standalone net profit to ₹6,489.57 crore. This performance reassured investors about the health of the private banking sector despite global headwinds.
• Adani Group Recovery: Adani Enterprises and Adani Ports saw a sharp rebound following heavy losses in previous sessions. The India-EU FTA news particularly benefited these stocks due to their heavy involvement in international trade and logistics.
• Auto Sector Drag: The Nifty Auto index was one of the worst-performing sectoral indices. Heavyweights like M&M and Maruti Suzuki faced selling pressure as investors turned cautious regarding domestic demand and potential global supply chain disruptions following new tariff threats from the U.S. administration.
• Asian Paints Weakness: Asian Paints faced downward pressure as investors reacted to weak quarterly earnings and concerns over rising input costs, leading the stock to touch its lowest level since early November.

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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