Top Nifty Gainers and Losers on August 4: Hero MotoCorp Surges Over 5%, Power Grid Slips as Markets Rebound Sharply
- 4th August 2025
- 05:00:00 PM
- 3 min read
Mumbai | August 4 – Indian equity markets witnessed a sharp recovery on Monday, August 4, as benchmark indices closed near the day’s high after a volatile start to the month. The Nifty 50 gained 0.64% to settle at 24,722, while the Sensex jumped 408 points to end at 81,018. The rally was broad-based, with mid- and small-cap indices outperforming the frontline benchmarks. The BSE Midcap index climbed 1.11% to 45,657.97, while the BSE Smallcap rose 0.76% to close at 52,972. The Bank Nifty, however, ended flat at 56,619, reflecting mixed movement in key financial counters.
The rally came as a relief after last week’s sharp decline and was led by strong buying in metals, auto, and tech stocks. Improved global cues and a softer U.S. dollar index further lifted investor sentiment, especially in export-linked and commodity sectors.
Top Nifty50 Gainers – August 4, 2025
Stock Name | % Change |
Hero MotoCorp | 5.18% |
Tata Steel | 4.08% |
Adani Ports | 3.56% |
Bharat Electronics | 3.37% |
JSW Steel | 2.86% |
Two-wheeler major Hero MotoCorp topped the charts, rallying over 5% on strong July sales and improving demand from rural markets. Tata Steel and JSW Steel were boosted by a global rally in metals, thanks to a weaker U.S. dollar. Adani Ports rebounded after recent corrections, while Bharat Electronics gained on continued institutional buying post its Q1 results.
Top Nifty Losers – August 4, 2025
Stock Name | % Change |
Power Grid | -1.12% |
HDFC Bank | -0.88% |
ONGC | -0.70% |
ICICI Bank | -0.58% |
Apollo Hospitals | -0.58% |
Hindustan Unilever | -0.50% |
HDFC Life Insurance | -0.03% |
On the flip side, Power Grid saw the biggest drop among Nifty stocks, falling over 1% amid profit-taking. Private banking majors HDFC Bank and ICICI Bank also ended in the red, dragging the otherwise flat Bank Nifty, which closed unchanged at 56,619. ONGC and Apollo Hospitals declined on sector-specific concerns, while Hindustan Unilever and HDFC Life slipped slightly in defensive profit booking.
Why the Markets Rebounded
The rally was underpinned by:
- Weaker U.S. dollar: The U.S. dollar index slipped below 99 after soft July jobs data, sparking hopes of Fed rate cuts.
- Metal & auto outperformance: A weaker dollar made global commodities more attractive, triggering a rally in metal counters.
- Tech stock revival: After last week’s earnings-led slide, domestic tech stocks saw renewed buying interest.
- Short covering: Friday’s heavy sell-off was followed by short covering and selective buying on Monday.
U.S. President Donald Trump’s new import tariffs, set to take effect on August 7, continue to hang over global markets. However, Indian equities appeared to shrug off the trade tensions for now, focusing instead on domestic resilience and positive sector rotation.
PL Capital
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.