Nifty 50 Gainers and Losers, July 23, 2026: Eternal, Bajaj Auto, M&M Among Gainers; Nestle India, Dr Reddy's, Shriram Finance Among Laggards

Mumbai, July 23: Indian equities witnessed another stock-specific session on Thursday, July 23, 2026, with investors selectively buying into auto, industrial and consumer-facing stocks while booking profits in several banking, pharmaceutical and financial counters. Eternal, Bajaj Auto and Mahindra & Mahindra (M&M) emerged as the top performers on the Nifty 50, whereas Nestle India, Dr Reddy’s Laboratories and Shriram Finance featured among the biggest losers.

The day’s movement reflected a cautious market mood ahead of key earnings and global developments. While buying interest remained visible in select heavyweight stocks, profit-taking capped gains in several blue-chip names that had outperformed in recent sessions.

Highlights

Eternal topped the Nifty 50 gainers with a 3.29% rise.

Bajaj Auto gained 2.53%, extending its recent upward momentum.

Mahindra & Mahindra (M&M) climbed 1.95%, supported by continued buying interest.

Nestle India declined 2.39%, leading the losers’ chart.

Dr Reddy’s Laboratories and Shriram Finance also came under selling pressure.

Auto stocks remained in focus, while weakness was seen across select FMCG, pharma and financial counters.

Nifty 50 Top Gainers Today 

Nifty 50 Top Losers Today

Where Did Investors Focus?

Buying remained concentrated in the automobile space, with Eternal, Bajaj Auto, Mahindra & Mahindra and Eicher Motors leading the advance. The strength in these counters suggested investors continued to favour companies with solid earnings expectations and resilient business outlooks.

At the same time, several defensive and financial stocks witnessed profit booking. Nestle India slipped more than 2%, while Dr Reddy’s Laboratories and Shriram Finance also lost ground. Banking names such as HDFC Bank and SBI traded lower, indicating a cautious approach among investors despite the broader market remaining relatively stable.

Why Gainers and Losers Matter

The Nifty 50 gainers and losers list provides an instant snapshot of changing market sentiment. Stocks that move sharply higher often benefit from strong earnings expectations, sector-specific optimism or institutional buying. On the other hand, stocks appearing among the day’s biggest losers may be reacting to profit booking, weaker-than-expected updates or shifting investor preferences. Monitoring these movements helps investors identify emerging trends and understand where market momentum is building.

Con clusion

Thursday’s trading session once again highlighted that investors are rewarding individual companies rather than making broad sectoral bets. Eternal, Bajaj Auto and Mahindra & Mahindra delivered healthy gains, reflecting sustained buying interest in select auto and industrial names. Meanwhile, Nestle India, Dr Reddy’s Laboratories and Shriram Finance remained under pressure as investors locked in profits after recent gains. With the earnings season gathering pace and global cues continuing to influence sentiment, stock-specific action is likely to remain the defining theme for the market in the coming sessions.

Source:

• https://www.nseindia.com/market-data/top-gainers-losers