Nifty 50 Gainers and Losers Today, July 15: Eternal, Shriram Finance, UltraTech Cement Lead Gains; Power Grid, Hindalco, Infosys Drag

Indian equity benchmarks recovered on Wednesday after the previous session's sharp decline, with buying returning to financial, cement and select consumer stocks. The Sensex rose about 469 points, while the Nifty 50 gained around 128 points to trade near 24,180. Global cues remained supportive, although weakness in information technology stocks capped broader gains. At a sector level the split was clear: Nifty Cement was the standout, up about 2.24%, followed by chemicals and financial services, while Nifty IT was the sole sectoral loser.

Top Nifty 50 Gainers

Eternal (+2.90%) topped the Nifty 50 gainers after extending its recent momentum. The stock continued to attract buying following its strong quarterly earnings and sustained optimism around Blinkit's quick-commerce business.

Shriram Finance (+2.57%) was a rebound rather than a run. Far from gaining for several sessions, it had been on the losing list repeatedly — a top drag on July 8 and again among the biggest losers on July 14, alongside HCLTech and HDFC Life. Wednesday flipped that: with financial services among the day's leading sectors, the money that had exited non-bank lenders during Tuesday's selling came straight back. The correct read is a sharp one-day recovery after a multi-session slide, not sustained accumulation.

UltraTech Cement (+2.53%) rode the single strongest sector of the day. There's a specific near-term catalyst: the company's quarterly results are due on July 17, and positioning ahead of them is firm. The gain is best understood as pre-earnings buying into a stock the Street already favours.

HDFC Life (+2.04%) completed the financials recovery alongside Bajaj Finance (+2.27%). Like Shriram, HDFC Life had been a repeat casualty of the earlier sell-off - a top loser on July 8 when it fell 2.76% - so its bounce reflects the same rotation back into rate-sensitive lenders and insurers once sentiment steadied. None of these financial names has strung together consecutive gaining sessions; all are recovering ground lost earlier in the week.

Top Nifty 50 Losers

Power Grid (-1.87%) was the steepest decliner as utilities stayed out of favour, with money rotating aggressively into cement and financials.

Hindalco (-1.20%) is a textbook reversal. The stock had actually led the Nifty gainers just one session earlier, when it rose about 2.09% to ₹987 on July 14, with investors accumulating it alongside Tata Steel and pharma names. A day later it gave that back as metals weakened, with IT, metal and pharma shares weighing on the market amid the crude-and-geopolitics backdrop. JSW Steel (-0.99%) slipped on the same metals softness.

Infosys (-1.11%) remained under pressure as the Nifty IT index was the day's only sectoral loser. Investors also remained cautious ahead of the company's June-quarter earnings scheduled later this month.

Dr. Reddy's Laboratories (-0.88%) rounded out the losers, giving back part of a recovery bounce from the prior session.

Midcap and Smallcap Stocks Also Stay Active

Stock-specific action continued in the broader market. In the Nifty Midcap 100, Kalyan Jewellers, Voltas, Tata Elxsi, Bharat Heavy Electricals (BHEL) and One 97 Communications (Paytm) ended among the top gainers. In the Nifty Smallcap 100, IDBI Bank, Welspun Corp and Deepak Fertilisers advanced.

On the downside, GE Vernova T&D India, Indian Bank, Bharat Dynamics, Mahindra & Mahindra Financial Services and Swiggy were among the key Midcap losers. In the Smallcap segment, Aegis Logistics, Mangalore Refinery & Petrochemicals (MRPL), CreditAccess Grameen, Poonawalla Fincorp and Cholamandalam Financial Holdings closed lower.

What to Watch Next

Investors will continue to monitor June-quarter earnings, management commentary and global market cues for direction. Corporate results from large-cap companies are expected to drive stock-specific movement over the coming sessions.

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