Top gainers and losers on December 31: JSW Steel, ONGC, Tata Steel shares surge over 2.35% on last day of 2025, check full list

The Indian equity markets ended 2025 on a positive note on last day of the year powered by gains in index heavyweights like Reliance Industries, Kotak Mahindra Bank, Axis Bank, Mahindra & Mahindra, State Bank of India, Tata Steel and Larsen & Toubro. The SENSEX rose as much as 762 points and NIFTY50 index touched an intraday high of 26,187. The SENSEX ended 546 points higher at 85,221 and NIFTY50 index advanced 191 points to close at 26,130.

For calendar year 2025, the SENSEX advanced 9.06% and NIFTY50 index climbed 10.50% despite record selling of ₹1,66,286 crore by the foreign portfolio investors and imposition of 50% tariffs by the United States on Indian merchandise products.

NIFTY50 gainers and losers

As many as 44 shares in the NIFTY50 index ended higher led by JSW Steel's 4.88% gain after the government on Tuesday imposed 11%-12% three-year import tariff on some steel products as the government aims to curb cheap shipments from China, news agency Reuters reported citing an order published by the Ministry of Finance.

The levy known as a safeguard duty will be imposed at 12% in the first year followed by 11.5% in the second year and then 11% in the third year, the Reuters report added.

ONGC (2.46%), Tata Steel (2.35%), Kotak Mahindra Bank (2.34%) and Reliance Industries (1.9%) were also among the gainers.

On the flipside, TCS (-1.13%), Tech Mahindra (-0.86%), Grasim Industries (-0.31%), Bajaj Finance (-0.28%) and Infosys (-0.23%) were notable losers in the NIFTY50 index.

NIFTY Midcap 100 gainers and losers

NIFTY Midcap 100 index advanced 0.95% or 570 points to close at 60,484. As many as 83 shares ended higher while 17 closed lower.

Hindustan Petroleum was top gainer in the NIFTY Midcap 100 index, the stock rose 6.56% to close at ₹499.50.

SAIL (4.31%), Godfrey Phillips (3.7%), L&T Finance (3.45%) and Indian Bank (3.44%) were also among the gainers.

On the other hand, Vodafone Idea was top loser in the NIFTY Midcap 100, the stock dropped 11.53% to close at ₹10.67 after reports suggested that the Union Cabinet has approved a relief package for debt-laden telecom, freezing the AGR (Adjusted Gross Revenue) dues at ₹87,695 crore.

People with knowledge on the matter told news agency Press Trust of India (PTI) that the Cabinet has also rescheduled the payment from FY32 to FY41.

Citing sources, PTI also reported that the Telecom Department will also reassess the AGR dues frozen based on the Deduction Verification Guidelines and audit reports.

The outcome will be decided by a committee appointed by the government.

Swiggy fell 2% after reports suggested that gig workers are planning to go on a nationwide strike.

PBFintech (-1.55%), Premier Energies (-1.18%) and RVNL (-0.87%) were also among the laggards.

NIFTY Smallcap 100 gainers and losers

NIFTY Smallcap 100 index advanced 1.11% or 195 points to close at 17,714. As many as 77 shares ended higher while 23 closed lower.

Deepak Fertiliser was top gainer in the NIFTY Smallcap 100 index, the stock rose 6.7% to close at ₹1,290. MRPL (6.24%), PCBL (5.8%), Wockhardt Pharma (5.15%) and IFCI (4.02%) were also among the gainers.

On the contrary, Navin Fluorine (-3.6%), Hindustan Copper (-2.82%), Radico Khaitan (-2.4%), Aptus (-2.09%) and JBM Auto (-1.28%) were among the top laggards in the NIFTY Smallcap 100 index.