Major Gainers and Losers: Power Grid, SBI, NTPC Top; Tata Steel, TCS Lag

Energy and banking stocks led gains; select metal and tech shares declined.

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Major Gainers and Losers: Power Grid, SBI, NTPC Top; Tata Steel, TCS Lag

Major Gainers and Losers: Power Grid, SBI, NTPC Top; Tata Steel, TCS Lag
Power Grid Corporation, SBI, and NTPC led the gainers on the Nifty, rising between 1% and 2% on strong institutional buying in utilities and PSU stocks. In contrast, Tata Steel, TCS, Bajaj Finance, and HCL Technologies declined up to 1.5% as investors booked profits in metal and IT counters. Analysts noted the movement reflects sectoral rotation, with defensives and energy plays gaining traction while growth-heavy sectors saw mild correction after recent highs.