Top Gainers & Top Losers: ONGC, TCS, Sun Pharma Shine While Shriram Finance, TMPV, ENRIN Drag Markets

The global markets also ended lower. However, the Asian markets ended lower. There is still a lot of uncertainty regarding the US-Israel-Iran conflict. In this backdrop, the Indian markets ended lower.

The broader markets also ended lower. There was a fall of 1.5% each in the mid-cap and small-cap markets. Out of 16 sectors, 15 ended in the red. There is a rise in crude oil prices that is currently near $107. There is a rise in volatility too; India VIX is at 26.7.

In this backdrop of a fall in the markets, some stocks ended higher. Similarly, some stocks ended lower.

Top Gainers

ONGC was the top gainer, up by 2.46% to Rs. 276.85, with an opening price at Rs. 270.5 and a high at Rs. 277.2. The stocks recorded good volumes with over 1.08 crore shares traded. Oil and Natural Gas Corporation Limited, or ONGC, is the biggest crude oil and gas exploration and production company in India. The increase in the shares of ONGC can be accounted for by the increase in crude oil prices due to geopolitical tensions, which are favorable for oil producers.

TCS gained 1.59% to ₹2,415.10, after trading in a range of ₹2,391.10–₹2,417. Tata Consultancy Services (TCS) is India’s largest IT services and consulting company, providing digital, cloud, and business solutions globally. The stock’s upward movement appears to be driven by relative strength in the IT sector and selective buying after recent corrections.

Sun Pharma advanced 1.06% to ₹1,814.50, hitting its intraday high at the same level. Sun Pharmaceutical Industries is India’s largest pharmaceutical company, specialising in generic drugs and specialty medicines. The stock’s gain is supported by continued strength in the pharma sector.

Top Losers

Siemens Energy India declined sharply by 3.99% to ₹2,660.80, after opening at ₹2,749.10 and falling to a low of ₹2,660. The stock recorded modest volumes of 82,527 shares. Siemens Energy India operates in the energy technology space, providing solutions across power generation, transmission, and industrial energy systems. The sharp decline appears to be largely driven by profit booking and overall market weakness

Tata Motors Passenger Vehicles fell 4.12% to ₹304.85, slipping from its previous close of ₹317.95 and hitting a low of ₹301.05. The stock witnessed heavy volumes of over 66 lakh shares. Tata Motors Passenger Vehicles is engaged in the manufacturing and sale of passenger cars and electric vehicles in India. The stock price declined as the company's flagship arm, Jaguar Land Rover (JLR), had temporarily stopped production on car lines at its Solihull plant because of a parts issue involving a supplier.

Shriram Finance recorded the highest fall in its share price, dipping by 4.45% to ₹913.5 after touching an intra-day low of ₹911.4. Shriram Finance is one of India's leading non-banking financial companies. The company specialises in commercial vehicle financing and retail financing.

Conclusion

The geopolitical issues and the rise in crude oil prices are the major overhangs in the market. If the crude oil prices stabilise above $100, it may have a major impact on India’s import bill and may also impact the margins of corporates, particularly in the non-financial sector.

Markets are likely to remain range-bound with a negative bias in the near term with volatility remaining elevated and cues mixed globally. Stock-specific movements may continue in the market, particularly in the pharma and energy space. Rate-sensitive and beta-driven stocks may remain under pressure.