Top gainers and losers, April 2: HCL Tech jumps 3%, Asian Paints, Eicher Motors down 2%; check list

On Wednesday, the foreign institutional investors (FIIs) sold shares worth ₹8,331.15 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹7,171.80 crore on a net basis, according to exchange data.

The Indian stock exchanges, including the National Stock Exchange (NSE) and BSE, will remain closed on April 3 in observance of Good Friday.

During the session, the SENSEX tanked by as many as 1,588.51 points to touch an intraday low of 71,545.81. Meanwhile, the NIFTY50 reached the session’s low of 22,182.55.

The 30-share BSE SENSEX rose by 185.23 points or 0.25% to close at 73,319.55, while the 50-share NSE NIFTY edged higher by 0.15% or 33.70 points to end at 22,713.10.

NIFTY50 top gainers and losers

HCL Technologies closed in the green, up by 3%. The other top gainers included Tech Mahindra (2.46%), Tata Consumer Products (2.06%), Wipro (1.89%) and Infosys (1.71%).

Shares of IT stocks, such as HCL Tech, Wipro, and Infosys, advanced likely due to value buying from investors ahead of the upcoming earnings season for the January to March quarter results for the fiscal year ended 2025-26.

On the other hand, shares of Asian Paints closed 2.49% lower, as crude oil prices pared their losses from Wednesday to hover above $105 per barrel (bbl), after hopes for a US-Iran war halt faded with US President Donald Trump's national address.

It was followed by selling in Eicher Motors (-2.42%), Sun Pharmaceutical Industries (-2.11%), Eternal (-1.92%) and Bajaj Auto (-1.75%), which were among the top losers on Thursday.

NIFTY Midcap 100 top gainers and losers

NSE’s NIFTY Midcap 100 gauge fell by 0.26% or 142.10 points to close at 53,677.05 on April 2.

The index was weighed down by SRF (-5.33%), LG Electronics India (-4.89%), Lenskart Solutions (-3.76%), Biocon (-3.61%) and Dixon Technologies (-3.55%), which were among the laggards.

On the flip side, Coforge (4.64%), Page Industries (4.23%), Swiggy (3.71%), Persistent Systems (3.50%) and KPIT Technologies (3.22%) were among the top winners.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap 100 index declined by 0.38% or 59.30 points to close at 15,650.50 on April 2.

The top losers included Karur Vysya Bank (-6.30%), Capri Global Capital (-5.42%), PG Electroplast (-5.34%), Amber Enterprises India (-4.67%) and Garden Reach Shipbuilders & Engineers (-4.46%).

On the contrary, Ola Electric Mobility ended 9.08% higher, after the company said that its daily orders in the last week of March crossed 1,000 units and registrations surged to 10,117 units during the month from 3,973 units in February, translating to over 150% month-on-month (M-o-M) growth, signalling a sharp resurgence in demand momentum. Market share also witnessed a V-shaped M-o-M recovery, with the company continuing to gain share through the month, Ola Electric said.

It was followed by Tata Chemicals (6.35%), BLS International Services (4.93%), Signatureglobal (3.09%) and IDBI Bank (2.76%), which were among the top losers.