Top Gainers and Losers on August 7, 2026: Grasim Industries Leads Gains, Bajaj Finance Tops Losers

The Indian stock market ended Friday’s session on August 7, 2026, in negative territory, with the NIFTY 50 closing at 24,570.65, down 65.35 points or 0.27%. The benchmark index witnessed mixed sectoral performance as gains in metals and select IT stocks were offset by selling pressure in financial services and banking counters.

Investors remained selective in their approach, resulting in a subdued trading session. Weakness in heavyweight financial stocks weighed on the broader market despite resilience in other sectors.

NIFTY 50 Performance Overview

The benchmark index traded in a narrow range for most of the session before ending lower. Buying interest was visible in metals, information technology and automobile stocks, which helped prevent a sharper decline.

However, strong selling in financial services and banking names dragged the benchmark into negative territory. The session reflected stock-specific action rather than a broad market trend.

Top Gainers of the Day

Top Losers of the Day

Sector‑Wise Market Movement

Metal stocks emerged as the strongest performers, led by gains in Hindalco and Grasim Industries. Information technology stocks also witnessed buying interest, with Tata Consultancy Services and HCL Technologies ending firmly higher.

Automobile stocks remained resilient, supported by gains in Mahindra & Mahindra. In contrast, financial services and banking stocks came under pressure, led by declines in Bajaj Finance, Bajaj Finserv and ICICI Bank, which dragged the benchmark lower.

Read More: Crude Oil Prices Rise Today Amid Fresh Concerns Over Strait of Hormuz Reopening Plans.

Read stock market news in Hindi. Head to Angel One's share market news in Hindi for comprehensive coverage.

Conclusion

The NIFTY 50 closed marginally lower on August 7, 2026, as weakness in financial stocks outweighed gains in metals and IT shares. Grasim Industries and Tata Consultancy Services led the gainers, highlighting strength in cyclical and technology sectors.

However, steep declines in Bajaj Finance and Bajaj Finserv weighed heavily on market sentiment. Overall, the session reflected selective sectoral rotation, with investors favouring metals and IT while reducing exposure to financial stocks.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.