Top gainers and losers, April 24: Infosys tanks 7%, TCS falls 5%, Tech Mahindra down 4%; check list

On Thursday, the foreign institutional investors (FIIs) sold shares worth ₹3,254.71 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹941.35 crore on a net basis, according to exchange data.

The SENSEX plunged as much as 1.62% to an intraday low of 76,403.87. Meanwhile, the NIFTY50 tanked as much as 1.48% to touch the session’s low of 23,813.65.

On April 24, the 30-share BSE SENSEX dropped by 999.79 points or 1.29% to settle at 76,664.21, while the 50-share NSE NIFTY tanked 1.14% or 275.10 points to end at 23,897.95.

NIFTY50 top gainers and losers

Shares of Infosys dragged down the NIFTY50 index, closing 6.92% lower, as market participants were disappointed with the company's March quarter results and FY27 revenue guidance.

The IT services major on Thursday reported a 20.8% rise in consolidated net profit to ₹8,501 crore in the January-March quarter and guided for 1.5 to 3.5% revenue growth for FY27, pinning its optimism on momentum in financial services, utilities, and AI services.

The top management spoke of the calendar year starting on a strong note but pointed out that there was a "change in economic environment" amid the West Asia conflict, though things appear to be stabilising now.

For FY27, Infosys has given a revenue growth forecast of 1.5% to 3.5% in constant currency (CC) terms.

It was followed by selling in Tata Consultancy Services (-4.79%), Tech Mahindra (-4.20%), HCL Technologies (-4.08%) and Sun Pharmaceutical Industries (-3.67%), which were among the top losers on Friday.

HCL Technologies and Tech Mahindra stock fell amid a 5% decline in NIFTY IT.

On the other hand, the top gainers included Coal India (0.97%), Trent (0.91%), Hindalco Industries (0.78%), Nestle India (0.67%), and Shriram Finance (0.66%). Only 12 out of 50 shares in the index closed in the positive territory.

NIFTY Midcap 100 top gainers and losers

NSE’s NIFTY Midcap 100 gauge fell by 0.96% or 578 points to end at 59,374.80 on April 24.

The index was weighed down by Persistent Systems, which lost 6.34%. Coforge (-5.66%), Alkem Laboratories (-5.08%), MphasiS (-4.39%) and Tata Communications (-3.97%) were among the other top laggards.

On the flip side, Cochin Shipyard (4.78%), Housing & Urban Development Corporation (3.20%), NMDC (2.34%), Oracle Financial Services Software (2.31%) and GE Vernova T&D India (2.30%) were among the top winners.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap 100 index declined by 0.87% or 153.55 points to close at 17,567.20.

The top losers included Anant Raj (-8.71%), Firstsource Solutions (-6.85%), Reliance Power (-5.42%), Zensar Technologies (-4.99%) and Gland Pharma (-4.67%).

On the contrary, Himadri Speciality Chemical ended 5.13% higher. The stock hit a 52-week high after posting a 29% YoY surge in its consolidated net profit to ₹200.79 crore in Q4 FY26, as against ₹155.58 crore in the year-ago period.

The other top gainers were IDBI Bank (3.32%), Navin Fluorine International (3.07%), RBL Bank (2.94%) and Aster DM Healthcare (2.68%).