Nifty 50 Gainers and Losers Today, July 17, 2026: Jio Financial, Kotak Mahindra Bank, HCLTech Among Gainers; Cipla, Wipro, Dr Reddy's Among Losers

Mumbai, July 17: Banking and technology stocks outweighed weakness in select pharmaceutical and metal counters on Nifty 50 index on Friday. Jio Financial Services, Kotak Mahindra Bank and HCLTech led the gainers’ list, while Cipla, Wipro and Dr Reddy’s Laboratories emerged among the biggest losers of the session. 

Investor sentiment remained largely stock-specific, with market participants reacting to quarterly earnings, management commentary and sector-specific developments. Financial stocks continued to attract buying interest, whereas profit booking was visible in a few healthcare names after their recent gains. 

Top Nifty 50 Gainers 

Banking and IT stocks dominated the day’s gainers, with support also coming from select financial and auto counters. 

Top Nifty 50 Losers 

Selling pressure was concentrated in pharmaceutical stocks, while a few metal and FMCG names also ended lower. 

Market Highlights 

• Jio Financial Services topped the gainers with a 3.70% jump. 

• Kotak Mahindra Bank, HCLTech and TCS extended gains, reflecting strong buying in banking and IT stocks. 

• Private banking stocks, including ICICI Bank, HDFC Bank and Axis Bank, remained firmly in positive territory. 

• Cipla, Wipro and Dr Reddy’s Laboratories led the declines as investors booked profits in select pharma counters. 

• Despite weakness in healthcare stocks, the broader market sentiment stayed constructive as gains in financials and technology stocks offset the losses. 

Conclusion 

Friday’s session highlighted a clear shift in investor preference towards banking and technology stocks. Jio Financial Services, Kotak Mahindra Bank and HCLTech attracted sustained buying as investors positioned themselves ahead of more quarterly earnings announcements. Meanwhile, Cipla, Wipro and Dr Reddy’s Laboratories saw profit booking after recent gains. With earnings season now in full swing, individual company results are expected to remain the key driver of market direction, keeping stock-specific opportunities firmly in focus.