Top gainers and losers on January 6: Trent falls most in nearly 6 years, Reliance Industries declines over 4%; check full list

The Indian equity benchmarks declined for a second straight session on Tuesday, January 6. The SENSEX fell as much as 540 points and NIFTY50 index touched an intraday low of 26,125 dragged down by losses in index heavyweights like Reliance Industries, HDFC Bank, Trent, Kotak Mahindra Bank, ITC and InterGlobe Aviation.

The SENSEX ended 376 points lower at 85,063 and NIFTY50 index declined 72 points to close at 26,179.

NIFTY50 top gainers and losers

Trent was top loser in the NIFTY50 index, the stock declined 8.61%, its biggest single day fall in nearly six years, after its December quarter business update failed to enthuse investors.

Trent post market hours on Monday informed exchanges that its standalone revenue in December quarter rose 17% to ₹5,220 crore compared with ₹4,466 crore in the same period last year. The company's store portfolio included 278 Westside, 854 Zudio (including 4 in the UAE) and 32 stores across other lifestyle concepts, Trent said.

Reliance Industries declined 4.4% to close at ₹1,509 a day after it touched record high of ₹1,611.80. The fall in the stock price came after billionaire Mukesh Ambani backed company's denial of a report that claimed three vessels carrying Russian crude oil were heading to its Jamnagar refinery.

In a statement, Reliance said its Jamnagar refinery has not received any cargo of Russian oil over the past three weeks and is not expecting any deliveries of Russian crude in January.

Kotak Mahindra Bank (-2.22%), InterGlobe Aviation (-1.96%) and ITC (-1.84%) were also among the losers.

On the flipside, Apollo Hospitals (3.5%), ICICI Bank (2.8%), Tata Consumer Products (2.78%), HDFC Life (2.21%) and Bajaj Auto were top gainers in the NIFTY50 index.

NIFTY Midcap 100 top gainers and losers

NIFTY Midcap 100 index outperformed NIFTY50 index and ended 0.19% lower at 61,149. As many as 62 shares ended lower while 38 closed higher.

Cummins India was top loser in the NIFTY Midcap 100 index, the stock fell 4.24% to close at ₹4,127. Swiggy (-3.63%), Godfrey Phillips (-3.46%), Premier Energies (-3.33%) and Dixon Technologies (-3.11%) were also among the laggards.

On the other hand, NALCO was top gainer in the NIFTY Midcap 100 index, the stock advanced 5.32% to close at ₹348 after the company informed exchanges that Anil Kumar Singh has been appointed as Director (Commercial) on the Board of NALCO.

Lupin (3.66%), Fortis Healthcare (3.66%), SBI Cards (2.66%) and Aurobindo Pharma (2.12%) were also among the gainers.

NIFTY Smallcap 100 gainers and losers

NIFTY Smallcap 100 index declined 0.22% to close at 17,888. As many as 73 shares closed lower while 27 ended higher.

Kaynes Technology was top loser in the NIFTY Smallcap 100 index, the stock fell 5.37% to close at ₹3,783. Whirlpool (-4.1%), Mahanagar Gas (-3.84%), Neuland Labs (-3.66%) and GE Shipping (-3.61%) were also among the top losers in the NIFTY Smallcap 100 index.

On the contrary, IEX was top gainer in the NIFTY Smallcap 100 index, the stock closed 8.8% higher after a CNBC TV-18 news report cited, withdrawal of the market coupling order by CERC. The shares closed rallied as much as 13% intraday, but later closed 8.8% higher at ₹146 apiece on the NSE.

IIFL (3.23%), Redington (2.44%), MCX (2.27%) and Hindustan Copper (2.21%) were also among the gainers.