Top Gainers Today 12-Mar-2026: Power, Energy Stocks Surge

Indian markets closed lower on Thursday, with the Nifty 50 falling 0.95% to 23,639.15 and the Sensex declining 1.08% to 76,034.42. Market breadth was weak, as decliners outnumbered advancers, reflecting cautious sentiment driven by a spike in crude oil prices. However, the power and energy sectors bucked the trend, emerging as the top gainers for the day.

Large Cap Gainers

Adani Power Ltd (+7.38%)

Shares of Adani Power surged as part of a broad-based rally in the power and energy sectors. The stock gained on strong investor interest in energy companies following a spike in global crude oil prices and rising geopolitical tensions, which improves the economic viability of alternative and traditional power generation.

Coal India Ltd (+5.34%)

Coal India rallied after the government stated it is fully prepared to meet any surge in coal demand, signaling operational readiness and supply stability. This assurance, coupled with the ongoing West Asia crisis, boosted investor confidence in the state-run miner, leading to a sharp rise in its stock price on high trading volume.

Tata Power Company Ltd (+4.44%)

Tata Power climbed higher, driven by strong sectoral tailwinds that lifted power and utility stocks. Investors rotated into the energy sector amid rising crude oil prices, viewing companies like Tata Power as beneficiaries of increased energy demand and a potential shift towards domestic power sources.

Mid Cap Gainers

NTPC Green Energy Ltd (+12.58%)

NTPC Green Energy shares soared as investors flocked to renewable energy stocks. The sharp rise in crude oil prices and geopolitical tensions in the Gulf region acted as a primary catalyst, strengthening the investment case for alternative energy sources and driving significant buying interest in the sector.

NLC India Ltd (+6.87%)

NLC India gained significantly, benefiting from the widespread rally across the power and energy sectors. As a company involved in lignite mining and power generation, it attracted investor attention amid a broader market rotation into energy-related stocks, which were seen as a defensive play against rising oil prices.

Adani Total Gas Ltd (+6.62%)

Adani Total Gas shares jumped as the oil and gas sector saw positive momentum. The rally was in line with the broader energy theme, as rising international crude prices improved the outlook for gas distribution companies, leading to heightened investor demand.

Small Cap Gainers

C2C Advanced Systems Ltd (+20.00%)

C2C Advanced Systems hit the 20% upper circuit after the company made a series of positive business announcements on March 11. These included a strategic partnership with UK-based ACUA Ocean, new purchase orders from the Royal Malaysian Navy and a domestic defence firm, and a Letter of Intent from Mohan Meakin, signaling strong order inflow and business momentum.

Regaal Resources Ltd (+19.99%)

Regaal Resources locked in the upper circuit on the back of a massive technical breakout driven by unusual trading volume. The stock's volume surged to over 100 times its daily average, triggering a sharp rally that appeared to be fueled by speculative buying and short-covering rather than fresh fundamental news.

Confidence Petroleum India Ltd (+19.97%)

Confidence Petroleum India also hit its upper circuit, staging a strong technical rebound from its 52-week low. The surge was accompanied by significantly higher-than-average trading volume, indicating renewed buying interest in the stock after a prolonged period of underperformance.

Market Overview

Indian equity benchmarks closed in the red on March 12, succumbing to selling pressure amid a spike in global crude oil prices. The Sensex fell 829 points to end at 76,034.42, while the Nifty 50 settled 227 points lower at 23,639.15. The broader market also witnessed weakness, with the Nifty Midcap 100 and Smallcap 100 indices declining by 0.4% and 0.7%, respectively. The advance-decline ratio was skewed in favor of the bears, highlighting the cautious market mood.

Sectoral performance was highly divergent. The auto, FMCG, and private banking indices were the top losers, falling between 1.6% and 3%. In stark contrast, the power and energy sectors rallied strongly, gaining over 2% each. This rotation was a direct reaction to rising crude prices and geopolitical tensions, which prompted investors to move into energy-related stocks as a hedge.

Explore More Market Movers

Readers can explore the complete list of market movers here:

https://www.multibagg.ai/market-movers/top-gainers