Top Gainers and Losers on December 29, 2025: Tata Steel Surges Nearly 4%, Asian Paints Declines

On 29 January 2026, the BSE Sensex closed 221.69 points higher at 82,566.37, while the Nifty 50 advanced 76.15 points to settle at 25,418.90. FIIs turned net buyers after 15 sessions and invested nearly ₹480 crore in the cash market. DIIs also continued their strong buying streak, pumping in around ₹3,360 crore. 

On the NSE, mid- and small-cap stocks recorded marginal gains. The Nifty Midcap 100 index rose 0.18%, while the Nifty Smallcap 100 index gained 0.21%, indicating selective buying in the broader market.

Top Gainers of the Day

• Axis Bank has reported a 3% YoY growth in net profit to ₹6,490 crore in Q3 FY26. The company has seen stable growth in core lending income, with NII rising by 5% YoY.
• Maruti Suzuki has reported a 29% jump in revenues due to healthy domestic demand. Its standalone net profit has risen by 4% to ₹3,794 crore from ₹3,659 crore a year ago.
• Larsen & Toubro (L&T) has reported Q3 FY26 net profit of around ₹3,215 crore, down ~4% YoY, due to one-time exceptional provisions. However, revenue rose about 10% YoY to over ₹62,000 crore, supported by strong order execution across core segments.

Top Losers of the Day

• Asian Paints has reported a ~5% YoY decline in Q3 FY26 net profit to around ₹1,015–1,020 crore, impacted by weak demand and margin pressure. Revenue growth remained muted at around 5% YoY, reflecting softness in urban consumption and competitive intensity.
• SBI Life Insurance has reported a 5% growth in net profit. Its net premium income has soared by 22% YoY to ₹30,245 crore. Its AUM has also grown by 19% YoY.

Read more: India–EU Free Trade Agreement: Cars, Chocolates and Medical Goods Will Get Cheaper?

Conclusion

Overall, the market ended the session on a positive note after witnessing sharp intraday volatility. Strong buying by FIIs and sustained support from domestic investors helped benchmarks recover from their lows. While metal and banking stocks supported the upside, selective selling was seen in FMCG, auto and aviation names, keeping investors focused on stock-specific triggers and earnings performance. 

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.