Top Gainers and Losers on January 28, 2026: BEL, ONGC Rally Up to 9%; Tata Consumer, Asian Paints Drag

Indian equity benchmarks ended the session on a mixed note, with selective buying seen in defence, energy and metal stocks, while FMCG and consumption names faced selling pressure. Heavy trading volumes were recorded in several frontline counters, indicating active participation from investors.

Top Gainers

Bharat Electronics (BEL)

BEL surged over 9% to close at ₹454.25 after hitting an intraday high of ₹457.50. The stock saw strong volumes of over 71 crore shares, significantly higher than usual, reflecting sustained buying interest. Defence stocks remained in focus amid expectations of steady order inflows and long-term visibility.

ONGC

ONGC jumped more than 8% to ₹268.23, tracking strength in crude oil prices. The stock opened firm and stayed near its day’s high, with over 73 crore shares changing hands. Energy stocks broadly witnessed buying interest as investors reacted to firm global oil cues.

Coal India

Coal India gained over 5% to ₹445.20, supported by heavy volumes and sectoral momentum. The stock touched a high of ₹445.95 during the session as PSU energy stocks continued to attract investor attention.

Eternal

Shares of Eternal rose about 5% to ₹266.70 amid strong intraday demand. The stock recorded volumes of more than 82 crore shares, indicating active participation despite the absence of a specific corporate trigger.

Hindalco Industries

Hindalco advanced over 4% to ₹1,003, supported by firm metal prices. The stock crossed the ₹1,000 mark during the session, with investors betting on improved global metal demand.

Top Losers

Tata Consumer Products

Tata Consumer declined over 4% to ₹1,133.40 after slipping sharply from its intraday high. The stock faced selling pressure amid broader weakness in FMCG counters.

Asian Paints

Asian Paints fell over 4% to ₹2,512 as consumption-oriented stocks remained under pressure. The stock traded lower throughout the session on elevated volumes.

Maruti Suzuki

Maruti Suzuki slipped more than 2% to ₹14,880 after hitting an intraday low of ₹14,431. Auto stocks saw some profit-taking after recent gains.

Sun Pharmaceutical Industries

Sun Pharma declined nearly 2% to ₹1,608, tracking mild weakness across the pharma space.

Max Healthcare Institute

Max Healthcare ended about 1.6% lower at ₹960, as investors booked profits at higher levels.

Read more: India Post, Stock Holding Services Tie Up to Expand Capital Market Services Nationwide.

Conclusion 

The session highlighted clear sectoral divergence, with defence, energy and metals outperforming, while FMCG and select consumption stocks lagged. Investors are likely to remain stock-specific in the near term, tracking global cues, commodity prices and upcoming corporate developments. 

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.