Top gainers and losers, July 31: Bajaj Finance rallies 8%, Bajaj Finserv jumps 6%, TCS down 3%; check list

The Indian stock market mirrored gains in the Asian markets, which ended higher following a strong rally in the US markets after Microsoft posted strong results indicating that its big spending on AI is translating into profits.

The SENSEX surged as much as 0.44% to hit an intraday high of 78,272.25, while the NIFTY50 gained as much as 0.5% to touch the session’s peak of 24,429.40.

On July 31, the 30-share BSE SENSEX rose by 166.49 points or 0.21% to close at 78,094.64. Meanwhile, the NSE NIFTY ended higher by 0.27% or 66.45 points at 24,383.60.

NIFTY50 top gainers and losers

Bajaj Finance closed in the green, up by 8.32%. It hit its record high on July 31, after its June quarter earnings surpassed analyst estimates.

Bajaj Finance reported a net profit (attributable to the owners of the company) of ₹5,986 crore in the first quarter of the current financial year, marking an increase of 27% from ₹4,700 crore in the same period last year.

The other top gainers included Bajaj Finserv (6.37%), Jio Financial Services (3.71%), Mahindra & Mahindra (3.33%) and Shriram Finance (1.85%).

Shares of Bajaj Finserv advanced as it reported a 12.31% increase in its consolidated profit after tax (attributable to owners of the company) to ₹3,132.35 crore in the first quarter of the current financial year.

Furthermore, M&M stock gained as investors continued to focus on the automaker’s strong revenue growth fuelling the overall April to June quarter results for the financial year 2026-27.

On July 30, M&M’s board of directors announced that the company recorded a 34% growth in its consolidated net profits to ₹5,454.54 crore in the first quarter of the financial year 2026-27, in comparison to ₹4,083.32 crore in the same period a year earlier.

On the other hand, Tata Consultancy Services (TCS) (-2.71%), Eternal (-2.58%), Infosys (-2.18%), Max Healthcare Institute (-2.08%), and ITC (-1.42%) were among the top losers on Friday.

NIFTY Midcap 100 top gainers and losers

NSE’s NIFTY Midcap 100 gauge advanced by 0.44% or 273.55 points to close at 62,915.30 on July 31.

The index was supported by Ashok Leyland (4.81%), KEI Industries (4.03%), Premier Energies (3.58%), BSE (3.28%) and Aditya Birla Capital (2.78%), which were among the winners.

On the flip side, its top laggards were APL Apollo Tubes (-4.50%), Dixon Technologies (-4.09%), Mankind Pharma (-4.03%), Swiggy (-3.76%) and Kalyan Jewellers India (-3.36%).

Shares of Swiggy declined, as it saw its consolidated net loss narrow to ₹791 crore in Q1 FY27, compared with a net loss of ₹1,197 crore in the corresponding period of the preceding fiscal year, according to a regulatory filing.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap 100 index advanced by 0.44% or 85.20 points to close at 19,339.65.

The top gainers included Netweb Technologies India (7.50%), Capri Global Capital (4.84%), Kaynes Technology India (4.51%), Inox Wind (4.37%) and IFCI (3.71%).

On the contrary, Aptus Value Housing Finance India (-6.02%), Sagility (-5.44%), Data Patterns (-4.28%), Devyani International (-3.83%) and City Union Bank (-3.50%) were among the top losers.