Top gainers and losers, Jan 29: Tata Steel, L&T surge 4%, IndiGo, SBI Life fall 3%; check full list

The benchmark indices SENSEX and NIFTY50 closed in the green on Thursday, January 29, erasing all the day’s losses as the Union Finance Minister Nirmala Sitharaman tabled the 2025-26 Indian Economic Survey in Parliament, two days ahead of the Budget.

The Economic Survey has pegged India's economic growth rate in the range of 6.8%-7.2% for the current financial year.

On Wednesday, the foreign institutional investors (FIIs) bought stocks worth ₹480.26 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹3,360.59 crore on a net basis, according to exchange data.

The SENSEX rose 221.69 points or 0.27% to close at 82,556.37, while the NIFTY50 edged higher by 76.15 points or 0.30% to end at 25,418.90.

NIFTY50 top gainers and losers

The NIFTY50 pack was led by Tata Steel, which closed 4.49% higher.

Larsen & Toubro surged 3.80%, despite reporting a 4.2% YoY fall in consolidated profit after tax (PAT) at ₹3,215 crore for the December quarter of FY26 on the back of higher expenses. It had posted a PAT of ₹3,359 crore in the year-ago period. Its bottom line was impacted due to the inclusion of a one-time material provision due to the implementation of the new labour codes.

Axis Bank (3.42%), Tata Motors PV (3.39%) and NTPC (3%) were among the other top gainers.

On the contrary, the top losers of the index included Asian Paints (-3.85%), InterGlobe Aviation (-2.71%), SBI Life Insurance Company (-2.69%), Maruti Suzuki India (-2.64%) and Tata Consumer Products (-2.54%).

NIFTY MIDCAP 100 top gainers and losers

The NSE Midcap gauge ended at 58,541, marking a 102.40 points or 0.18% jump.

It was supported by gains in National Aluminium Company (5.48%), Oil India (4.91%), NMDC (3.79%), Indus Towers (3.79%) and Hitachi Energy India (3.5.9%), which were the top winners.

Oil India informed the exchanges that there has been no information on the company’s side that may have a bearing on its price/volume movement. It added that crude oil prices have surged more than 13% during the last three weeks, having risen to $68 on January 28 from $60 on January 7, as crude oil prices are dependent on the world market and geopolitics. This may have impacted its stock.

On the flipside, Motilal Oswal Financial Services fell by 5.21%. It was followed by KPIT Technologies (-5.11%), MRF (-3.10%), Max Financial Services (-2.70%) and Persistent Systems (-2.46%), which were among the top laggards.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap index increased by 34.05 points or 0.20% to close at 16,825.

Its top gainers included Hindustan Copper (20%), which hit its 52-week high as copper futures surged to a record high on the Multi-Commodity Exchange (MCX), as well as in global markets.

Mangalore Refinery and Petrochemicals (7.58%), Gland Pharma (6.59%), Gillette India (5.06%) and Himadri Speciality Chemical (4.81%) were among the other top gainers.

Shares of Gland Pharma surged as much as 9.32% to hit an intraday high of ₹1,847.10 on the National Stock Exchange (NSE), on reporting a net profit of ₹261 crore in the third quarter of FY26, marking an increase of 28% from ₹205 crore in the year-ago period.

Conversely, Five-Star Business Finance (-10.19%), Deepak Fertilizers And Petrochemicals Corporation (-6.95%), Reliance Power (-5.17%), Sagility (-4.47%) and Tejas Networks (-4.14%) were among its top losers.