Top gainers and losers, July 17: TechM, Kotak Bank jump 4%, Jio Financial up 3%, Hindalco down 1%; check list

The SENSEX rallied by as much as 1.42% to hit the session’s peak of 78,282.55 and the NIFTY50 index surged as much as 1.22% to reach an intraday high of 24,367.30.

On July 17, the SENSEX soared by 964.59 points or 1.25% to close at 78,151.45, while the NIFTY50 ended higher by 261.55 points or 1.09% at 24,334.30.

NIFTY50 top gainers and losers

The NIFTY50 index was supported by buying in the shares of Tech Mahindra, which closed 3.96% higher, a day after the country’s fifth-largest IT services firm reported its earnings for the first quarter of the current fiscal year (Q1 FY27).

The IT firm reported a consolidated net profit of ₹1,465 crore for the quarter ended June 30, 2026 (Q1 FY27), rising 8.2% sequentially from ₹1,354 crore in Q4 FY26. On a year-on-year (YoY) basis, it registered a growth of 28.4%.

Kotak Mahindra Bank (3.77%), Jio Financial Services (2.99%), Tata Consultancy Services (2.95%) and ICICI Bank (2.52%) were among the other top gainers.

On the contrary, the top losers included Hindalco Industries (-1.49%), Dr. Reddy's Laboratories (-1.15%), Wipro (-1.04%), Sun Pharmaceutical Industries (-0.83%) and Apollo Hospitals Enterprise (-0.77%).

Wipro shares declined a day after the IT services company reported subdued numbers for the quarter ended June 30, 2026. Analysts offer mixed views on Wipro following its June quarter (Q1 FY27) earnings amid concerns over weak growth and margin pressure.

Nomura said the company's revenue guidance for the September quarter was marginally below its estimates, while deal wins during the quarter remained weak. However, the investment firm expects Wipro to gradually return to its target operating margin band of 17-17.5% over time. It also noted that the stock's FY27 estimated dividend yield of around 5% is likely to provide support.

NIFTY Midcap 100 top gainers and losers

The NSE Midcap gauge ended at 62,428.05, marking a 258.70-point or 0.41% fall.

It was weighed down by Hitachi Energy India (-4.59%), GE Vernova T&D India (-4.27%), Polycab India (-3.99%), National Aluminium Company (-3.70%) and KEI Industries (-3.67%), which were among the top laggards.

It was followed by Kalyan Jewellers India (4.74%), Bharat Forge (4.29%), Exide Industries (3.25%) and ICICI Prudential Asset Management Company (2.89%), which were among the top winners.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap index fell by 39.95 points or 0.21% to close at 19,296.30.

Its top losers included Welspun Corp (-5.64%), Star Health and Allied Insurance Company (-3.38%), Gland Pharma (-3.36%), Amber Enterprises India (-3.07%) and Dr. Lal Path Labs (-2.89%).

Conversely, Afcons Infrastructure (4.40%), Aegis Logistics (3.89%), Sona BLW Precision Forgings (3.16%), Anant Raj (3.09%) and Piramal Pharma (2.69%) were among its top gainers.