Top Nifty Gainers and Losers on July 28: Kotak Mahindra Bank Share Price Crashes 7%, Shriram Finance Rises Most
- 28th July 2025
- 05:00:00 PM
- 3 min read
Mumbai | July 28 – The Indian stock market witnessed another round of sharp correction on Monday, July 28, as benchmark indices extended losses for the third straight session. Weak Q1 earnings from key financial stocks and negative global sentiment dragged down market momentum, leading to a sell-off in heavyweight banking, telecom, and NBFC names.
The Nifty 50 today closed 156 points lower at 24,681, while the SENSEX fell 572 points to end at 80,891. Both indices slipped below key short-term support levels, as investors booked profits in high-valuation sectors and reacted to earnings misses.
Top Nifty Gainers and Losers – July 28, 2025
| Stock Name | % Change |
| Shriram Finance | 2.62% |
| Cipla | 2.45% |
| Hero MotoCorp | 1.45% |
| Asian Paints | 1.00% |
| Hindustan Unilever | 0.98% |
| Kotak Mahindra Bank | -7.34% |
| Bajaj Finance | -3.58% |
| IndusInd Bank | -2.93% |
| Bharti Airtel | -2.48% |
| Titan Company | -2.25% |
Financials Lead the Fall After Mixed Q1 Earnings
Kotak Mahindra Bank was the day’s biggest loser, plunging 7.34% to ₹1,968.70, after posting a Q1 consolidated net profit of ₹4,472 crore, which fell short of analyst expectations. The bank flagged emerging stress in its retail commercial vehicle portfolio, citing macroeconomic pressures.
Compared to the ₹7,448 crore profit reported a year ago (which included a ₹3,000+ crore gain from an insurance stake sale), the sequential dip from ₹4,933 crore in Q4 further disappointed investors.
Bajaj Finance (-3.58%) and IndusInd Bank (-2.93%) also witnessed heavy selling, reflecting broader weakness in the financial space, especially NBFCs.
Bharti Airtel and Titan added to the drag, down 2.48% and 2.25% respectively, amid muted demand cues and valuation concerns.
NBFCs, Pharma & Staples Shine Amid Sell-Off
- Shriram Financegained 62% after reports suggested the NBFC expects its Assets Under Management (AUM) to exceed ₹3 lakh crore by the end of FY26. The company’s upbeat growth outlook in lending segments stood out in an otherwise cautious market.
- Cipla surged 2.45%, driven by renewed buying interest in pharma counters ahead of sectoral earnings.
- Consumer defensives like HUL (+0.98%) and Asian Paints (+1%) offered safe-haven plays, aided by stable margins and steady consumption patterns.
- Hero MotoCorp also rallied 1.45%, buoyed by pickup in two-wheeler sales in semi-urban demand pockets.
Bottom Line
The Indian stock market ended Monday deep in the red, led by sharp losses in top financial names like Kotak Mahindra Bank and Bajaj Finance. While defensives such as Cipla, Shriram Finance, and HUL provided some cushion, the overall tone was risk-off. With global uncertainty and Q1 earnings at the forefront, traders will continue to seek clarity before making fresh bets.
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.
