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Top gainers and losers today: Stocks that moved the most on April 8

2 minuti di lettura

Indian equity indices rebounded with the woes of Black Monday market, with Nifty ending at 22,500 reflecting 1.69 percent gain, while Sensex was up 1.49 percent at 74,227.08. All major sectors contributed to the bounce, with realty, financials, and FMCG emerging as the top gainers. Broader indices also performed well, rising over 2% each.

Hindustan Petroleum (up by 4.63%)
Hindustan Petroleum (up by 4.63%)

Hindustan Petroleum shares gained over 4 percent as a part of th OMC stack that rose with government hikes LPG prices, excise duty on petrol, diesel, which will offset the ongoing losses, according to sources.

Titan (up by 3.31%)
Titan (up by 3.31%)

Shares of Titan surged 6.5 percent today, following the company’s positive business update for the March quarter. Titan reported a 25 percent year-on-year increase in revenue across all its verticals. So far this year, shares of Titan have slipped by 7 percent.

Delhivery (down by 7.25% at closing)
Delhivery (down by 7.25% at closing)

After yesterday's resllient upward trend amid the stock market crash, Delhivery fell 7.25 percent. As per the latest brokerage reports, Emkay and JM Financial has rated the stock ‘buy’ with a target prices Rs 380 and Rs 400, respectively.

IGL (down by 4.08%)
IGL (down by 4.08% at closing)

Shares of Indraprastha Gas Ltd (IGL) tumbled 5 percent following reports of Delhi government recommending the phasing out of CNG-driven autorickshaws in the national capital. The policy states that two wheelers using petrol, diesel, CNG will not be permitted from 15 August, 2026.

M&M (down by 1.30% at closing)
M&M (down by 1.30% at closing)

Shares of Mahindra and Mahindra (M&M) gained over 2 percent to Rs 2,548 on April 8 after the company announced the incorporation of a wholly owned subsidiary. M&M has subscribed to 50 lakh equity shares of Rs 10 each at par value in this newly formed entity, resulting in complete ownership—100 percent stake—in MATL.

Jana Small Finance (7.80% at closing)
Jana Small Finance (7.80% at closing)

Shares of Jana Small Finance Bank rose 9% after Nuvama highlighted strong upside potential in the stock. While operating expenses (opex) for FY25 are expected to stay high due to intensified collection efforts, the brokerage believes this pressure will likely ease from FY26. The expected relief is attributed to improved collection efficiency and better cost management, which could boost the bank’s operating leverage going forward.

Shriram Finance (up by 4.47% at closing)
Shriram Finance (up by 4.47% at closing)

Shriram Finance was among the top gaining BFSI stocks today, up to 6 percent on hopes of Reserve Bank of India (RBI) rate cut decision on April 9. Currently, the repo rate stands at 6.25 percent. The central bank began its three-day bi-monthly monetary policy meeting on Monday which is likely to cut repo rate by 25 basis points (bps).

PG electroplast (up by 6.47% at closing)
PG electroplast (up by 6.47% at closing)

EMS (electronics manufacturing services) stocks surged nearly 9% on expectations of higher orders and better margins. PG Electroplast led the gains in the Nifty Consumer Durables index, jumping 8.81%. Apple is reportedly considering a temporary plan to offset rising import costs caused by U.S. tariffs on China, according to the Wall Street Journal.