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Top Gainers and Losers on Jan 23, 2026: Dr Reddy's Gain While Adani Enterprises Drag Markets

Written by: Kusum KumariUpdated on: 23 Jan 2026, 10:42 pm IST
Markets ended sharply lower on Jan 23 as Adani stocks weighed on indices, while Dr Reddy’s, ONGC and IT majors provided limited support.
Top Gainers and Losers
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

At the close of trade, the BSE Sensex ended at 81,537.7, slipping 769.67 points or 0.94%, while the NSE Nifty50 settled at 25,048.65, down 241.25 points or 0.95%.

On the BSE, stocks such as Adani Ports, Eternal, IndiGo, and Axis Bank led the declines, whereas Tech Mahindra, Infosys, Hindustan Unilever, TCS, and ICICI Bank emerged as the top gainers.

Top Gainers of the Day

SymbolOpen (₹)High (₹)Low (₹)Prev. Close (₹)LTP (₹)% Change
DRREDDY1,230.001,250.801,225.001,217.501,238.401.72%
ONGC245.30246.30241.55244.01246.100.86%
TECHM1,699.001,709.701,689.201,687.401,700.700.79%
HINDALCO955.00963.90948.50944.45951.000.69%
HINDUNILVR2,400.002,434.302,376.802,390.602,406.000.64%
  • Dr Reddy’s Laboratories topped the NIFTY 50 gainers, rising 1.72% to close at ₹1,238.40, backed by strong trading volumes.
  • ONGC gained 0.86% to ₹246.10, supported by steady buying interest in energy stocks.
  • Tech Mahindra advanced 0.79%, ending the session at ₹1,700.70, tracking positive sentiment in IT shares.
  • Hindalco Industries climbed 0.69% to ₹951, aided by firm metal prices.
  • Hindustan Unilever rose 0.64% and closed at ₹2,406, reflecting defensive buying in FMCG stocks.

Top Losers of the Day

SymbolOpen (₹)High (₹)Low (₹)Prev. Close (₹)LTP (₹)% Change
ADANIENT2,080.502,082.501,848.002,086.401,861.80-10.76%
ADANIPORTS1,417.001,417.001,292.001,414.201,314.90-7.02%
ETERNAL276.95277.00257.70275.90260.05-5.74%
INDIGO4,878.004,878.004,686.504,909.004,715.00-3.95%
JIOFIN264.00266.25252.25262.60253.20-3.58%
  • Adani Enterprises was the top loser on the NIFTY 50, tumbling 10.76% to close at ₹1,861.80 amid heavy selling pressure.
  • Adani Ports declined 7.02%, ending the session at ₹1,314.90, tracking weakness across Adani group stocks.
  • Eternal slipped 5.74% to ₹260.05, despite witnessing exceptionally high trading volumes.
  • IndiGo (InterGlobe Aviation) fell 3.95% to ₹4,715, as aviation stocks faced profit booking.
  • Jio Financial Services dropped 3.58%, closing at ₹253.20, weighed down by broad-based market weakness.

Conclusion

Adani Enterprises and Adani Ports emerged as the biggest drags, reflecting weak investor sentiment. On the brighter side, defensive and selective buying in stocks such as Dr Reddy’s Laboratories, ONGC, Tech Mahindra and Hindustan Unilever helped cushion the downside. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private 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: Jan 23, 2026, 5:12 PM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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