Tata Motors PV Leads Nifty Gainers on Wednesday; Power, Auto and Consumer Stocks Drive Afternoon Advance

Mumbai, May 27: Tata Motors Passenger Vehicles (TMPV) led the Nifty 50 gainers chart on Wednesday, surging 4.53% as markets defied geopolitical headwinds from renewed US-Iran escalation to hold slender gains through the afternoon session. Hindalco, Power Grid, Eternal, NTPC and Bajaj Auto rounded out the top six gainers, rising between 1.96% and 4.23%, as metals, power and consumption names attracted selective institutional buying even as banking and IT counters remained under pressure with the Sensex trading near 76,051 and Nifty at 23,938.

Tata Motors Passenger Vehicles (TMPV)

TMPV (NSE: TMPV) topped the Nifty 50 gainers on Wednesday, advancing 4.53% to an LTP of ₹403.05 from its previous close of ₹385.60. The stock opened at ₹383.70, scaled a session high of ₹404.00 and held a low of ₹383.70, reflecting a powerful broad-based advance that accelerated through the afternoon. The move builds on Tuesday’s 1.95% gain, taking TMPV’s two-session advance to over 6.5% and re-establishing the stock as one of the Nifty’s most actively bought names this week. Improving demand outlook for premium passenger vehicles and continued domestic EV market share gains continue to underpin sentiment for the Tata Motors subsidiary.

Hindalco

Hindalco (NSE: HINDALCO) was the second-biggest gainer, rising 4.23% to an LTP of ₹1,150.50 from its previous close of ₹1,103.80. The stock opened at ₹1,118.30, touched a session high of ₹1,154.00 and held a low of ₹1,118.30, with buying accelerating through the session as broader metal sector strength — reflected in the Nifty Metal index’s 1.81% advance — carried aluminium and copper counters higher. Hindalco’s continued outperformance reflects investor positioning in base metals as industrial demand recovery expectations and a softening dollar backdrop support the sector’s earnings outlook.

Power Grid Corporation

Power Grid Corporation (NSE: POWERGRID) gained 2.73% to an LTP of ₹300.55 from its previous close of ₹292.55, opening at ₹292.00 and touching a session high of ₹301.25 with a low of ₹292.00. The stock’s breach of the psychologically significant ₹300 level attracted fresh momentum buying, with investors drawn to the company’s defensive earnings profile, assured return on equity regulated model, and significant capex pipeline tied to India’s accelerating power transmission infrastructure build-out. Power Grid has been a consistent performer this week as energy infrastructure spending remains a rare bright spot in an otherwise cautious market.

Eternal

Eternal (NSE: ETERNAL) advanced 2.21% to an LTP of ₹255.71 from its previous close of ₹250.17, opening at ₹251.09 and touching a session high of ₹258.88 with a low of ₹251.09. The new-age consumer and mobility platform continued its streak of consistent gains this week, with investors maintaining confidence in its improving profitability trajectory as operating leverage begins to show up meaningfully in quarterly earnings. Wednesday’s 2.21% advance marks the third session in which Eternal has featured among Nifty’s top six gainers this week, reinforcing its status as one of the market’s favoured discretionary consumption names.

NTPC

NTPC (NSE: NTPC) rose 2.09% to an LTP of ₹397.85 from its previous close of ₹389.70, opening at ₹390.35 and scaling a session high of ₹403.10 with a low of ₹390.35. The state-owned power generator attracted buying across both institutional and retail segments as India’s power demand outlook continues to strengthen ahead of the summer peak. NTPC’s combination of a steady dividend record, massive capacity addition pipeline across thermal and renewables, and its green hydrogen and solar businesses give it broad appeal among infrastructure-focused investors at a time when the sector is drawing consistent fund flows.

Bajaj Auto

Bajaj Auto (NSE: BAJAJ-AUTO) rounded out the top six gainers, rising 1.96% to an LTP of ₹10,801 from its previous close of ₹10,593, opening at ₹10,580 and touching a session high of ₹10,834 with a low of ₹10,580. The world’s third-largest motorcycle manufacturer has been a consistent presence in the Nifty gainers list this week, with institutional investors backing the company’s expanding three-wheeler EV fleet business, robust export recovery and the continued premiumisation of its two-wheeler portfolio as recurring reasons to stay overweight. Wednesday’s advance keeps Bajaj Auto in a strong position heading into the weekend.

Source:

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