Top Gainers and Losers on April 22, 2026: Tata Consumer Products Leads Gains, HCL Technologies Tops Losers

The Indian stock market gave up recent gains on Wednesday, April 22, 2026, with the NIFTY 50 closing lower at 24,378.10. The index declined 198.50 points or 0.81% as heavy selling in technology stocks dragged overall market performance.

A rebound in crude oil prices further pressured sentiment, raising concerns about input costs and inflation. Markets also remained cautious as investors awaited clarity on whether the United States and Iran would resume talks to end the conflict.

NIFTY 50 Performance Overview

The benchmark index opened under pressure and remained volatile throughout the session. Sharp losses in heavyweight IT stocks dominated market action and pulled the index decisively into negative territory.

FMCG and select PSU stocks showed resilience, preventing sharper losses in the broader market. However, persistent uncertainty around geopolitics and energy prices limited risk appetite across sectors.

Top Gainers of the Day

Top Losers of the Day

Sector‑Wise Market Movement

The information technology sector was the biggest drag on the index, led by steep losses in HCL Technologies, Infosys and Tata Consultancy Services. Auto stocks also remained under pressure, with Mahindra & Mahindra recording notable declines.

In contrast, FMCG stocks showed strength, supported by gains in Tata Consumer Products and Hindustan Unilever. Power and metal stocks such as NTPC and Hindalco provided additional stability, limiting the overall downside.

Read More: India GDP Growth Projected at 6.4% in FY27 Amid Global Headwinds.

Conclusion

The NIFTY 50 closed lower on April 22, 2026, weighed down by a sharp sell-off in technology stocks and renewed concerns over crude oil prices. Tata Consumer Products and Hindustan Unilever were among the key gainers, offering some support to the broader market.

However, heavy losses in HCL Technologies and other IT majors dragged the index firmly into negative territory. Overall, investor sentiment remained cautious as markets closely tracked geopolitical developments and energy price movements.

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