Top gainers and losers on July 31: Adani Enterprises, Tata Steel, Sun Pharma fall over 1.95%; check full list

The Indian equity benchmarks snapped their two-day winning streak on Thursday, July 31, as investor sentiment took a knock after US President on Wednesday announced 25% tariff and a penalty on Indian goods starting August 1. The SENSEX fell as much as 787 points and NIFTY50 index touched an intraday low of 24,635. The benchmarks, however, staged a recovery in afternoon deals as traders resorted to settle their F&O positions owing to monthly expiry of contracts. The SENSEX ended 296 points lower at 81,186 and NIFTY50 index dropped 87 points to settle at 24,768.

NIFTY50 gainers and losers

Its revenue from operations declined 14% to ₹21,961 crore in the April-June period as against ₹25,472 crore seen in the year-ago period.

Sun Pharma dropped 1.95% to close at ₹1,700 after it reported a 19.64% year-on-year decline in its consolidated net profit for the quarter ended June 30, 2025. The net profit stood at ₹2,278.6 crore, compared to ₹2,835.6 crore in the same period last year.

The company reported a net profit of ₹2,835.6 crore for the April-June quarter of last year.

Dr Reddy's Labs (-1.93%) and NTPC (-1.51%) were also among the gainers.

On the flipside, Hindustan Unilever was top gainer in the NIFTY50 index, the stock advanced 3.55% to close at ₹2,524 after it reported a 6% increase in its consolidated net profit at ₹2,756 crore for the quarter ended June 30 of fiscal year 2025-26 as compared to ₹2,610 crore in the same quarter of the previous fiscal year.

The company’s revenue from operation stood at ₹16,296 crore in Q1 FY26 in contrast to ₹15,497 crore in the corresponding quarter of last year, marking a growth of 5%.

Jio Financial Services advanced 2.72% as RIL chairman Mukesh Ambani and his promoter group will infuse ₹15,825 crore in Jio Financial Services, which would make them hold over a 51% stake in the financial services firm. This will be done to strengthen the balance sheet of the NBFC.

JSW Steel (1.93%), Eternal (1.78%) and Kotak Mahindra Bank (1.04%) were also among the gainers.

NIFTY Midcap 100 gainers and losers

NIFTY Midcap 100 index fell 0.93% or 542 points to close at 57,401. As many as 82 shares in the NIFTY Midcap 100 index ended lower while 18 ended higher.

Indus Towers was top loser in the NIFTY Midcap 100 index, the stock fell 5.84% to close at ₹361 after the company announced its first quarter results for the 2025-26 financial year (Q1FY26).

During the June quarter of FY26, the telco’s consolidated net profit fell 9.82% year-on-year (YoY) to ₹1,736.8 crore, compared to ₹1,925.9 crore in the first quarter of the previous fiscal year.

Sequentially, its net profit fell 2.37% quarter-on-quarter (QoQ) from ₹1,779.1 crore in Q4FY25.

Waaree Energies dropped 4.85% after on US tariff jitters.

SJVN (-3.79%), KPIT Tech (-3.73%) and Premiere Energies (-3.56%) were also among the losers in the NIFTY Midcap 100 index.

On the other hand, Aditya Birla Capital (3.09%), Bharti Hexacom (3.08%), Apollo Hospitals (2.15%), Paytm (2.13%) and Indraprastha Gas (1.29%) were among gainers in the NIFTY Midcap 100 index.

NIFTY Smallcap 100 gainers and losers

NIFTY Smallcap 100 index fell 1.05% or 190 points to settle at 17,967. As many as 76 shares in the NIFTY Smallcap 100 index ended lower while 24 ended higher.

IIFL was top loser in the NIFTY Smallcap 100 index, the stock fell 6.37% to close at ₹471.75. Aarti Industries (-6.35%), Birlasoft (-5.97%), Hindustan Copper (-5.75%) and Redington (-5.44%) were also among the laggards.

On the contrary, Kaynes Technology was top gainer in the NIFTY Smallcap 100 index, the stock rose 10% to close at ₹6,202 after it reported June quarter earnings. On the National Stock Exchange, Kaynes Technology shares climbed as much as 11.46% to hit an intraday high of ₹6,284.

The company reported strong operational performance in Q1 as its EBITDA also known as operating profit rose 69% to ₹113 crore from ₹67 crore in the year-ago period. Its EBITDA margin improved by 350 basis points to 16.8% from 13.3%.

Sagility India shares advanced 9.98% after it reported a strong set of numbers for the quarter ended June 30, 2025 (Q1 FY26).

Delhivery (4.34%), Poonawalla Fincorp (3.01%) and Karur Vysya Bank (2.76%) were also among the gainers.