Top Gainers and Losers on December 2: Asian Paints Leads, IndiGo Falls
The Nifty 50 closed at 26,032.20, down 143.55 points, marking a 0.55% decline as profit-booking intensified across heavyweights. The index remained volatile throughout the session, moving against a backdrop of broad-based selling in banking, aviation and energy stocks, while FMCG and select autos provided partial support.
Market Overview
The benchmark saw substantial trading activity across sectors, with sharp intraday moves led by institutional flows. Despite the decline, market turnover remained strong, supported by robust participation in financials, telecom and consumer names.
The index stayed above its 52-week low of 21,743.65, yet remained below its recent peak of 26,246.65. Over the past 30 days, the Nifty 50 has gained 0.77%, even as near-term sessions have reflected increased volatility.
Top Gainers
| Company Name | Open (₹) | High (₹) | Low (₹) | LTP (₹) | % Change |
| Asian Paints | 2,867.00 | 2,962.00 | 2,861.20 | 2,958.00 | 3.15 |
| Dr Reddy’s Laboratories | 1,260.50 | 1,278.30 | 1,260.50 | 1,276.50 | 1.30 |
| Maruti Suzuki India | 16,127.00 | 16,261.00 | 16,095.00 | 16,245.00 | 0.92 |
| Bharti Airtel | 2,089.80 | 2,114.80 | 2,087.10 | 2,107.80 | 0.87 |
| SBI Life Insurance | 1,952.00 | 1,989.90 | 1,952.00 | 1,985.00 | 0.68 |
Top Losers
| Company Name | Open (₹) | High (₹) | Low (₹) | LTP (₹) | % Change |
| InterGlobe Aviation | 5,792.00 | 5,805.50 | 5,680.00 | 5,700.00 | -1.62 |
| ICICI Bank | 1,381.80 | 1,381.80 | 1,370.60 | 1,373.80 | -1.17 |
| Reliance Industries | 1,561.10 | 1,567.50 | 1,542.00 | 1,548.30 | -1.14 |
| HDFC Bank | 988.00 | 994.40 | 985.00 | 991.40 | -1.07 |
| Axis Bank | 1,270.70 | 1,281.00 | 1,255.10 | 1,262.30 | -1.05 |
Sectoral Performance
Banking and financial stocks were among the biggest drags on the index, with ICICI Bank, HDFC Bank and Axis Bank posting notable declines. Aviation also came under pressure, led by IndiGo’s fall. On the positive side, FMCG names such as Asian Paints and telecom major Bharti Airtel provided some support. Auto stocks like Maruti Suzuki also contributed to limiting losses amid strong demand trends.
Read More: Best Dividend-Paying Stocks in December 2025.
Conclusion
The Nifty 50 closed lower amid profit-booking in key sectors, with FMCG and select autos limiting losses. Asian Paints and Dr Reddy’s led the gainers, while IndiGo and major banks dragged the index down. Market participants will watch for global cues and sectoral trends as volatility persists in near-term sessions.
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.
Published on: Dec 2, 2025, 4:12 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
Know More
- Adani Defence Signs Five-Year Ammunition Supply Agreement for AK-203 Programme
- AstraZeneca Gains FDA Approval for Camizestrant Combo in ESR1-Mutated Advanced Breast Cancer
- CBI Files FIR Against Subhash Chandra Over LIC Housing Finance Loan Fraud Allegations
- Top Gainers and Losers on September 3, 2026: Adani Ports, Axis Bank and HDFC Bank Rise Up to 2%
- Hilton Expands India Presence With 60 Hotels Under Construction, Plans 400 More Properties
Related Articles
Enjoy ₹0 Account Opening Charges
Get the link to download the App
