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  1. Top gainers and losers, July 16: Eternal falls 3%, SBI LIC down over 2%, IndiGo up 2%; check list

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Top gainers and losers, July 16: Eternal falls 3%, SBI LIC down over 2%, IndiGo up 2%; check list

Abha Raverkar

3 min read | Updated on July 16, 2026, 17:27 IST

SUMMARY

On July 16, the SENSEX increased by 1.44 points or 0.002% to end at 77,186.87. Meanwhile, the NIFTY50 closed lower by 5.75 points or 0.02% at 24,072.75.

Top gainers and losers, SENSEX, NIFTY50

NSE’s midcap gauge, the NIFTY Midcap 100, fell by 256.45 points, or 0.41%, to 60,264.50 on Thursday. | Image: Shutterstock

Top gainers and losers: The Indian benchmark indices, SENSEX and NIFTY50, closed flat with a negative bias, as they pared their early gains on Thursday, July 16.
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The markets ended flat amid heightened volatility owing to the weekly expiry of SENSEX futures and option contracts.

The SENSEX gained as much as 0.51% to hit an intraday high of 77,579.69, while the NIFTY50 jumped as much as 0.4% to the session’s peak of 24,186.50.

On July 16, the SENSEX increased by 1.44 points or 0.002% to end at 77,186.87. Meanwhile, the NIFTY50 closed lower by 5.75 points or 0.02% at 24,072.75.

NIFTY50 top gainers and losers

The 50-share NIFTY index was dragged down by selling in the shares of Eternal, which closed 3.05% lower.

It was followed by SBI Life Insurance Company (-2.38%), Bharat Electronics (-1.01%), Shriram Finance (-0.97%) and HDFC Bank (-0.94%), which were among the top losers of the day.

On the other hand, the top gainers included InterGlobe Aviation (1.91%), Wipro (1.82%), HCL Technologies (1.67%), Bajaj Finance (1.66%) and Maruti Suzuki India (1.38%).

NIFTY Midcap 100 top gainers and losers

NSE’s midcap gauge, the NIFTY Midcap 100, fell by 256.45 points, or 0.41%, to 60,264.50 on Thursday.

The top laggards included ICICI Lombard General Insurance Company, which closed 10.78% lower, as investors analysed the latest April to June quarter earnings report for the fiscal year ending 2026-27, which showed higher claims and expenses weighing down financial performance.

As per the NSE filings, ICICI Lombard General Insurance recorded a 46% drop in its net profit after tax (PAT) to ₹403.17 crore in the first quarter of the financial year ending 2026-27, compared year-on-year (YoY) with ₹747.08 crore in the same period a year ago.

It was followed by Billionbrains Garage Ventures (-5.15%), PB Fintech (-3.09%), Multi Commodity Exchange (-2.54%) and GE Vernova T&D India (-2.48%).

On the flipside, Dixon Technologies (6.21%), UPL (5.31%), Bharat Heavy Electricals (5.30%), SRF (4.12%) and Supreme Industries (2.17%) were among the top winners.

Shares of BHEL surged as much as 5.5% to hit a 52-week high of ₹437.85 per unit on the National Stock Exchange (NSE) on July 16, following the result announcement.

The Maharatna firm reported a consolidated net profit of ₹376.71 crore during the quarter under review, compared with a loss of ₹455.50 crore in the first quarter of the 2025-26 financial year (Q1 FY26), according to a regulatory filing.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap 100 ended at 19,336.25, marking a 19.10-point or 0.10% drop on July 16.

The top losers were Signatureglobal (-6.05%), Godawari Power And Ispat (-3.75%), Nuvama Wealth Management (-3.61%), Angel One (-2.52%) and RBL Bank (-2.49%).

On the contrary, Mangalore Refinery and Petrochemicals (10.56%), Himadri Speciality Chemical (5.93%), IIFL Finance (4.12%), Zensar Technologies (3.29%) and Gland Pharma (3.29%) were among the top gainers.

Shares of Mangalore Refinery and Petrochemicals (MRPL) surged over 13%, as the ONGC subsidiary reported a multi-fold quarter-on-quarter (QoQ) surge in its consolidated net profit to ₹945.68 crore in the first quarter of FY27, compared with ₹116.99 crore in the preceding quarter.
Meanwhile, the stock of Himadri Speciality Chemical hit a 52-week high after the company reported a consolidated net profit of ₹228.43 crore, soaring 27.36% YoY in the June quarter, on account of higher income. It had reported a net profit of ₹179.36 crore in the corresponding quarter of FY26.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Abha Raverkar
Abha Raverkar is a post-graduate in economics from Christ University, Bengaluru. She has a strong interest in the markets and loves to unravel the nitty-gritties of the latest happenings in the world of markets, business, and the economy.

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