Top gainers and losers, July 29: Jio Financial, HUL surge 5%, Infosys up 4%, Adani Ports down 3%; check list

The SENSEX rallied as much as 1.3% to hit the session’s peak of 77,765.49, and the NIFTY50 surged as much as 1.24% to reach an intraday high of 24,283.55.

On July 27, the SENSEX advanced by 888.68 points or 1.16% to close at 77,654.60, while the NIFTY50 ended higher by 264.85 points or 1.10% at 24,250.20.

NIFTY50 top gainers and losers

Jio Financial Services led the NIFTY50 pack, closing 4.93% higher.

It was followed by Hindustan Unilever (4.81%), Infosys (4.32%), Hindalco Industries (2.95%), and Tata Steel (2.67%), which were among the top gainers on Wednesday.

Shares of Hindustan Unilever Ltd (HUL) advanced, a day after reporting its Q1 results. Following the announcement of its June quarter earnings, the scrip had reached its 52-week low level on July 28.

The rise comes after the management’s commentary following the FMCG major’s June quarter earnings. HUL Chief Financial Officer Niranjan Gupta said the company had passed on only half the inflation through pricing in the June quarter yet maintained its earnings before interest, tax, depreciation and amortisation (EBITDA) margin at 23%, within its guided range.

On the other hand, shares of Adani Ports & Special Economic Zone closed in the red, down 3.03%.

Mahindra & Mahindra (-1.32%), Power Grid Corporation of India (-0.67%), Eicher Motors (-0.51%), and Bajaj Auto (-0.43%) were among the day’s top losers.

The stock of Mahindra & Mahindra (M&M) declined after the company, in a regulatory filing, said that its Board of Directors, in a meeting on July 29, 2026, approved the sale and transfer of its truck and bus division as a going concern on a slump sale basis to SML Mahindra, a listed subsidiary of the company.

NIFTY Midcap 100 top gainers and losers

NSE’s midcap gauge, the NIFTY Midcap 100, closed in the green at 62,862.25, marking a 510.75-point or 0.82% jump.

The other top winners included Swiggy (6.72%), KPIT Technologies (5.98%), Mahindra & Mahindra Financial Services (5.76%), Patanjali Foods (4.10%), and Glenmark Pharmaceuticals (3.68%).

Shares of KPIT Tech surged despite reporting a sequential fall in its profit and revenue. While its Q1 FY27 EBITDA margins were impacted due to revenue reduction, it expects margins to improve successively thereafter every quarter, aided by revenue mix and growth and AI-led productivity gains.

The software company’s management further stated that robust cash conversion continued in Q1 FY27. The firm reported a net cash position of ₹900 crore, compared to ₹960 crore in the previous quarter.

On the flipside, Phoenix Mills (-5.94%), MphasiS (-2.67%), ICICI Lombard General Insurance Company (-2.19%), Hindustan Petroleum Corporation (-1.80%) and Mankind Pharma (-1.25%) were among the other top laggards.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap 100 index surged by 281.65 points or 1.48% to close at 19,362.35.

The top gainers were Kaynes Technology India (13.24%), Firstsource Solutions (11.57%), Crompton Greaves Consumer Electricals (7.11%), Gland Pharma (4.97%), and Neuland Laboratories (4.79%).

On the contrary, Pine Labs (-5.58%), City Union Bank (-3.42%), Kfin Technologies (-2.70%), Capri Global Capital (-1.54%), and IDBI Bank (-1.42%) were among the top losers.