Top gainers and losers on July 18: Axis Bank, Shriram Finance, Bharat Electronics shares fall over 2%; check full list

The Indian equity benchmarks ended lower on Friday, July 18, dragged down by losses in index heavyweights like Axis Bank, HDFC Bank, Bharti Airtel, Kotak Mahindra Bank, Bharat Electronics and State Bank of India. The SENSEX fell as much as 651 points and NIFTY50 index touched an intraday low of 24,918.65. The SENSEX ended 502 points to close at 81,758 and NIFTY50 index declined 143 points to close at 24,968.

NIFTY50 top gainers and losers

Axis Bank was top loser in the NIFTY50 index, the stock fell 5.27% to close at ₹1,098.70 after it reported a 3% drop in its June quarter (Q1 FY26) consolidated net profit at ₹6,243.72 crore, impacted by the implementation of changes in non-performing assets and loan upgrade policy.

On a standalone basis, the third-largest private sector lender's net profit declined 3.77% to ₹5,806 crore from ₹6,034 crore profit registered in the year-ago period. However, on a sequential basis, the numbers were down sharply – 18.42% – as the bank had reported a net profit of ₹7,117 crore in the March 2025 quarter (Q4 FY25).

Shriram Finance (-3.06%), Bharat Electronics (-2.38%), HDFC Life (-1.78%) and Kotak Mahindra Bank (-1.67%) were also among the losers.

On the flipside, Wipro was top gainer in the NIFTY50 index, the stock rose 2.21% to close at ₹266 after it reported June quarter earnings.

The market liked strong deal wins during the quarter. Wipro said that the large deal bookings brought in $2,666 million, an increase of 130.8% year-on-year (YoY) in constant currency terms. Besides, sustainably, the company said that the AI projects saw good demand and acceleration by the clients.

Bajaj Finance (1.97%), Tata Steel (1.63%), HCL Technologies (1.12%) and IndusInd Bank (1.03%) were also among the gainers.

NIFTY Midcap 100 gainers and losers

NIFTY Midcap 100 index fell 0.7% or 415 points to close at 59,104. As many as 79 shares ended lower while 21 ended higher.

Bharat Dynamics was top loser in the NIFTY Midcap 100 index, the stock fell 4.07% to close at ₹1,672. Waaree Energies (-2.92%), Cochin Shipyard (-2.58%), FSN E-Commerce (-2.49%) and Premier Energies (-2.43%) were also among the losers.

On the other hand, NMDC (2.56%), SAIL (2.27%), L&T Finance (1.86%), Tata Communications (1.84%) and HDFC AMC (1.45%) were among the gainers in the NIFTY Midcap 100 index.

NIFTY Smallcap 100 gainers and losers

NIFTY Smallcap 100 index fell 0.82% or 158 points to close at 18,960. As many as 78 shares in the NIFTY Smallcap 100 index ended lower while 22 closed higher.

Newgen Software Technologies was top loser in the NIFTY Smallcap 100 index, the stock fell 5.84% to close at ₹961 after it posted a 4% growth in its net profit at ₹50 crore for the quarter ended June 30 of the financial year 2025-26 (Q1 FY26). It had clocked a net profit of ₹48 crore in the same period last fiscal year.

The IT firm’s revenue from operations for the quarter under review stood at ₹321 crore as compared to ₹315 crore in Q1 FY25, marking an increase of 2% year-on-year (YoY).

Atul (-5%), Data Patterns (-4.86%), BEML (-3.22%) and Piramal Pharma (-2.67%) were also among the losers.

On the contrary, PVR Inox (3.91%), Welspun Living (3.10%), Triveni Turbine (2.59%), Godfrey Philips (1.49%) and IIFL (1.27%) were gainers among the NIFTY Smallcap 100 index.