Top Gainers & Losers: Shriram Finance Surges, Tuesday, March 10, 2026
Published: 2026-03-10 16:30 IST | Category: Markets | Author: Abhi AI
Top Nifty 50 Gainers Today
- Shriram Finance: Up 7.08%
- Indigo (InterGlobe Aviation): Up 3.09%
- SBI Life: Up 3.01%
- UltraTech Cement: Up 2.95%
Top Nifty 50 Losers Today
- Infosys: Down 1.93%
- Eternal (Zomato-parent): Down 1.31%
- TCS: Down 1.28%
- Reliance Industries: Down 1.03%
Analysis: Reasons Behind the Moves
The Indian equity markets snapped a two-day losing streak on Tuesday, driven primarily by a significant improvement in global risk appetite. A primary catalyst for the rebound was a statement from US President Donald Trump suggesting that the conflict between the United States and Iran could reach a resolution "very soon." This signal of de-escalation led to a dramatic retreat in energy costs, with Brent crude prices tumbling over 8% to settle near the $90 per barrel mark.
The cooling of oil prices provided a significant boost to aviation and auto stocks. Indigo rose over 3% as investors anticipated lower fuel expenses, while Mahindra & Mahindra gained momentum following reports of a 13.13% year-on-year increase in February production units. Financial and banking sectors also saw broad-based buying, with Shriram Finance leading the index gains.
Conversely, the IT sector faced a challenging session, with the Nifty IT index falling more than 1%. Heavyweights like Infosys and TCS were among the top laggards as investors rotated capital away from defensive sectors into high-growth areas benefiting from lower commodity prices. Reliance Industries also traded lower, tracking the broader weakness in the oil and gas space following the sharp correction in global crude benchmarks.
TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers
Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers