Top Gainers & Losers: HCL Tech Leads IT Recovery, Friday, April 03, 2026
Published: 2026-04-03 16:30 IST | Category: Markets | Author: Abhi AI
The Indian stock market remained closed on Friday, April 03, 2026, in observance of the Good Friday holiday. Consequently, there was no trading activity on the National Stock Exchange (NSE) or the Bombay Stock Exchange (BSE) for the day. The following data reflects the market performance from the most recent trading session on Thursday, April 02, 2026, which serves as the current market status for the holiday weekend.
TITLE: Top Gainers & Losers: HCL Tech Leads IT Recovery, Friday, April 03, 2026
SUMMARY: The Nifty 50 ended its latest session up 0.15% after recovering from a sharp intraday plunge of over 2.1%. IT stocks dominated the gainers' list with moves up to 3.5%, while the auto and healthcare sectors saw declines of over 2%.
CONTENT
Top Nifty 50 Gainers Today
The following stocks led the gains in the most recent trading session:
- HCL Tech: up 3.53%
- Tech Mahindra: up 2.64%
- Infosys: up 1.97%
- Wipro: up 1.96%
Top Nifty 50 Losers Today
The following stocks were the top laggards in the most recent trading session:
- Eicher Motors: down 2.58%
- Asian Paints: down 2.56%
- Sun Pharma: down 2.02%
- Bajaj Auto: down 1.55%
Analysis: Reasons Behind the Moves
The Indian equity markets witnessed extreme volatility during the week's final trading session. After an initial crash triggered by escalating geopolitical tensions between the United States and Iran, the Nifty 50 staged a dramatic recovery of over 530 points from its intraday low.
The primary catalyst for the rebound was a historic appreciation in the Indian rupee, which recorded its best single-day performance in over a decade. This surge was supported by regulatory measures from the Reserve Bank of India (RBI) aimed at stabilizing the currency and curbing speculative moves.
Sectorally, the IT index led the recovery as investors engaged in value buying ahead of the Q4 earnings season, which is scheduled to begin on April 9. Large-cap IT firms like HCL Tech and Tech Mahindra saw significant interest following their recent underperformance. Conversely, the auto and pharma sectors faced selling pressure, with stocks like Eicher Motors and Sun Pharma declining as global risk appetite remained fragile due to elevated crude oil prices and Middle East tensions.
TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers
Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers
