The markets have zoomed to biggest single-day gains since last June and in terms of absolute gains for the Nifty, this is the second highest day of single-day gains since February 2021. While the rally was primarily broad-based, there are some strong standout performers.
Here is a look at 6 top Index gainers in today’s session –
Infosys: Tech is one of the stars in today’s massive rally. Infosys led the show with 7% gains. The other top tech gainers included TCS, Wipro, Tech Mahindra, HCL with gains around 6-8%. Tech stocks have had a significant downward momentum in the recent past. on the back of uncertainty with regards to US tariff decisions, Clarity and progress in US-China tariff talks helped lift sentiment.
Adani Enterprise, Adani Ports: The Adani Group stocks are in party mode. Adani Enterprises is up a whopping 8% and Adani Ports ended with 4% gains. Adani Power, Adani Green Energy also rallied over 7% each. One of the big triggers for the rally was UP state Government’s Letter of Award for 1500 MW Power Supply Agreement with Adani Power.
Shriram Finance: This has been one of the poster names in the financial space. The stock is seeing buying interest after the recent downturn. Its Q4 net profit came in 10% higher year-on-year (YoY) at Rs 2,140 crore. The total income grew by 24.3% YoY to Rs 9,918.30 crore, The company’s net interest income (NII) increased by 9% YoY.
Trent: The fashion and retailer counter from Tata Group, clocked a smart 6% plus rally. Motilal Oswal sees almost 35% upside for the share price and has a target price of Rs 7,350 per share. Meanwhile, the company’s net profit fell over 54% in Q4. This included a one-time reassessment. Its core revenue from operations rose 27.9 per cent in Q4. The management guided from mid-single digit growth in FY26.
Tata Steel: The other top winner from the Tata stable, Tata Steel ended up 6% as well. The stock has run up 10% in the last one month and all eyes are on how the company will maneuver the tricky tariff situation across Asia, US and Europe.