NSE Top Gainers and Losers on Jan 05, 2026: Sobha, SJVN, Netweb Technologies Jump Up to 8%, While Infosys, Waaree, M&M Financial Slip

By 4 min Read Jan 5, 2026

Gainers Vs Losers Market Movers of the Day Jan 5, 2026

Indian equity benchmarks were little changed on Monday, as a sharp fall in IT index and concerns over additional US tariffs offset positive business updates that reinforced expectations of better quarterly earnings.

The Nifty 50 rose as much as 0.11% to a record high of 26,358.25, before surrendering the gains. It was last down 0.13%. The Sensex fell 0.16% to 85,623.3 as of 10:05 am IST.

The following stocks were among the top gainers and losers on January 5, 2026. Here’s what drove their surge and decline.

Which stocks were the market movers today?

SOBHA Ltd was among the top-gaining stocks from the Nifty 500 universe as the company announced its Q3 business update.

SOBHA delivered its highest-ever quarterly performance in Q3 FY26, achieving real estate sales value of ₹21.15 Bn, up 52.3% year-on-year and 11.2% over Q2 FY26. SOBHA’s share stood at a record ₹18.18 Bn, translating into a new sales area of 1.37 Mn sft at an average price realization of ₹15,436 per sft. Bangalore led with ₹15.12 Bn, contributing 71.5% of total value, while NCR added ₹3.49 Bn and Kerala ₹1.54 Bn. The quarter also marked SOBHA’s entry into Mumbai with the launch of SOBHA Inizio.

For 9M FY26, SOBHA achieved sales value of ₹60.97 Bn, a growth of 37.3% over 9M FY25, with a new sales area of 4.21 Mn sft. During Q3 FY26, the company completed 1.39 Mn sft and delivered 915 homes, taking cumulative completions to 3.64 Mn sft for the period. SOBHA launched three projects across Bangalore, Gurgaon and Mumbai in Q3 FY26, expanding its operating footprint to 13 cities across India. As of 10:44 am, SOBHA share price was trading up 3.9% at ₹1,548.20.

SJVN, a government-owned company, was among the top gainers from the Nifty 500 universe on Monday, rising 5.5% to ₹87.60.

In the September quarter, FII holdings increased to 2.55% from 2.52% in the June quarter, while DII stake also rose to 4.32% from 4.10%, indicating rising institutional interest.

SJVN’s wholly owned subsidiary, SJVN Green Energy Limited, achieved COD for the 1,000 MW Bikaner Solar Power Project in Rajasthan. The project, developed at a cost of ₹5,492 crore on 5,000 acres, will generate 2,454.55 million units in the first year and about 56,838 million units over 25 years at a tariff of ₹2.57 per unit, supporting affordable green power and the 500 GW renewable target by 2030.

On the thermal side, Buxar Thermal Power Project (2×660 MW) completed the 72-hour continuous full-load run on 5 November 2025. Unit 1 COD is expected imminently, while Unit 2 COD is targeted by January–February 2026. Solar scale-up remains strong, with 680 MW of Bikaner already commissioned and around 650 MW of solar capacity guided for commissioning in FY26.

Netweb Technologies India shares jumped by 8% on Monday, emerging as the top gainer. In the September quarter, foreign institutional investors (FIIs) increased their stake to 10.82% from 9.54% in the June quarter, reflecting rising foreign interest. Meanwhile, domestic institutional investors (DIIs) reduced their holding to 3.57% from 4.23% in the June quarter.

Management reiterated its growth guidance, maintaining a 35–40% CAGR for the core organic business, excluding large strategic orders. EBITDA margin guidance remains unchanged at 13-14%, reflecting a shift toward scalable large deals, while PAT margins are expected to stay around 10-10.5%. Strategic orders of ₹2,100 crore are treated as additive, with ~one-third execution in FY26 and the balance in FY27, carrying slightly lower margins but near-zero credit risk due to LC-backed payments and customer advances.

Here’s the list of top losers from the Nifty 500 universe as on January 5, 2026.

Which stocks were the market shockers today?

Infosys Ltd (Infosys Share Price Down by 2.49%)

Infosys was among the top losers on Monday as heavy selling swept across the IT sector. The decline came amid sector-wide pressure after reports issued a cautionary note, advising investors to trim positions following a sharp 14% quarter-to-date rally in the Nifty IT index. As a result, the Nifty IT index fell 2.49%, with all constituents trading in the red.

Few reports flagged valuation comfort levels, soft Q3 FY26 earnings expectations and weak constant currency growth as key concerns, triggering profit booking across IT stocks. Infosys slipped over 3%, while peers like HCL Technologies also saw sharp losses, dragging the entire sector lower despite no company-specific negative news.

Waaree Energies Ltd (Waaree Energies Share Price Down by 5%)

Waaree Energies Ltd shares declined 5% on Monday, emerging as one of the top losers, after the company informed exchanges about the receipt of GST demand orders under Regulation 30. The demands include recovery of ₹80.59 lakh of IGST along with an equal penalty and interest from the CGST authority in Surat, and a separate assessment order from the Maharashtra State Tax department, where a balance tax demand of ₹248.44 crore remains after relief of ₹542.45 crore for the April 2021–March 2022 period. The issues relate to alleged ineligible Input Tax Credit on IPO-related expenses, non-reversal of ITC and excess ITC claims. Waaree stated the orders are appealable, it has strong legal grounds, and there is no impact on its financials or operations.

Mahindra & Mahindra Financial Services Ltd (M&M Fin Share Price Down by 4.5%)

Mahindra & Mahindra Financial Services Ltd shares slipped nearly 4.5% on Monday, emerging as one of the top losers on the Nifty 500 Index, after the company released Q3 FY26 updates.

The company reported estimated disbursements of around ₹17,600 crore in Q3, up 7% YoY, and ₹43,900 crore for 9M FY26, up 4% YoY (excluding finance lease). Business assets grew 12% to ₹1,29,000 crore over December 2024, with collection efficiency steady at 95%. Stage-3 assets remained stable at 3.9 - 4% and Stage-2 at 5.4 - 5.5%, while the company maintained a strong liquidity position of over ₹8,850 crore.