Top gainers and losers, October 19: Axis Bank tumbles 4%, TMPV, Infosys fall 3%, JSW Steel rises 2%

While Brent crude oil prices declined on Monday’s market, the prices remained elevated at around $108 per barrel (bbl).

The SENSEX tumbled as much as 1.4% to hit an intraday low of 73,708.54. Meanwhile, the NIFTY50 tanked as much as 1.3% to touch the session’s low of 22,845.

On October 19, the SENSEX declined by 876.38 points or 1.17% to close at 73,852.90, while the NIFTY50 ended at 22,888.95, down by 257.20 points or 1.11%.

The boures, including the National Stock Exchange (NSE) and BSE will remain closed on Tuesday, October 20, for Dussehra.

NIFTY50 top gainers and losers

Axis Bank shared weighed down on the NIFTY50 index, closing 4.19% lower, despite reporting strong set of earnings in the second quarter of current financial year.

Global investment bank Goldman Sachs said that QFY27 earnings were largely in-line with expectations and thesis of cyclical inflection in core pre-provisioning operating profit (PPoP) growth remains on track.

It was followed by Tata Motors PV (-3.09%), Infosys (-2.63%), Bajaj Finance (-2.52%) and Apollo Hospitals Enterprise (-2.41%), which were among the top losers on Monday.

Shares of Apollo Hospitals Enterprises fell, along with other hospital chains and pharmaceutical stocks with oncology exposure, after the National Pharmaceutical Pricing Authority (NPPA) capped trade margins at 30% for 137 identified non-scheduled anti-cancer drug formulations.

The measure, effective November 9, 2026, is expected to reduce the maximum retail prices (MRPs) of the affected medicines by up to 70%, depending on their existing price structures. The move aims to curb excessive margins in the distribution chain and make cancer treatment more affordable. Identified non-scheduled anti-cancer drugs are a specific list of cancer medicines selected by the government for the new pricing measure.

On the flip side, the top gainers included JSW Steel (2.06%), Oil and Natural Gas Corporation (1.35%), State Bank of India (1.15%), Larsen & Toubro (L&T) (0.96%), and Eicher Motors (0.89%).

L&T shares rose as its Public Spaces, Airports & Health (PAH) business vertical secured a Limited Notice to Proceed (LNTP) from the PPP consortium developing the New Tashkent International Airport in Uzbekistan.

The LNTP has been issued following the execution of an engineering, procurement & construction (EPC) contract, awarded to L&T earlier, for the construction of the passenger terminal and associated landside infrastructure of the greenfield airport, according to a regulatory filing. The order is worth more than ₹15,000 crore, as per L&T’s order classifications.

NIFTY Midcap 100 top gainers and losers

NSE’s NIFTY Midcap 100 gauge declined by 1.09% or 641.80 points to close at 58,487.95 on October 19.

The top losers included Hindustan Copper (-3.96%), Suzlon Energy (-3.86%), NLC India (-3.77%), Info Edge (Naukri) (-3.56%), and YES Bank (-3.54%).

On the other hand, Bank of India (3.34%), the Federal Bank (3.21%), Bank of Maharashtra (1.47%), Oil India Ltd (0.90%), and Hindustan Petroleum Corporation Ltd (HPCL) (0.72%) were among the top winners.

NIFTY Smallcap 100 top gainers and losers

The NIFTY Smallcap 100 index dropped by 1.01% or 194.05 points to end at 18,935.75.

The top losers in the pack were Urban Company (-10.45%), Himadri Speciality Chemical Ltd (HSCL) (-9.19%), Deepak Fertilizers And Petrochemicals Corporation (-6.46%), Sammaan Capital (-6.36%) and Aarti Industries (-5.19%).

Shares of Urban Company fell as its consolidated net loss widened to ₹182.48 crore in Q2 FY27 compared to net loss of ₹59.33 crore during the same quarter last year.

On the contrary, HFCL (5%), Karur Vysya Bank (4.05%), Syngene International (3.34%), Sterlite Technologies (2.55%), and Natco Pharma (2.29%) were among the top gainers.