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

Introduction

Indian equity benchmarks closed nearly flat on March 12, 2026, with the Sensex shedding 72 points to end at 74,029 and the Nifty 50 settling at 22,470. Despite the muted headline performance, the market witnessed strong sectoral action, with power, energy, and public sector undertaking (PSU) stocks dominating the gainers' list. Broader markets underperformed, as the BSE Midcap and Smallcap indices each declined by approximately 0.5%, indicating a mixed market breadth.

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 sector. The stock gained on strong investor interest, which lifted several companies in the industry. The significant buying momentum was reflected in the high trading volume of over 8.66 crore shares.

Coal India Ltd (+5.34%)

Coal India rallied on the back of strong momentum in PSU and energy stocks, with the Nifty PSE index gaining over 1.2%. Investor confidence was bolstered by the sector-wide tailwinds, pushing the stock to a new 52-week high of Rs 473.90 during the session. The move was supported by a substantial trading volume of 2.84 crore shares.

Tata Power Company Ltd (+4.44%)

Tata Power climbed higher, mirroring the strong performance across the power sector. The stock benefited from the positive sentiment that drove its peers, Adani Power and NTPC, upwards. This collective rally underscores a strong thematic buying interest in energy-related companies.

Mid Cap Gainers

NTPC Green Energy Ltd (+12.58%)

NTPC Green Energy shares soared on exceptional trading volume, emerging as the top mid-cap gainer. The rally was fueled by the powerful momentum in the renewable energy and PSU space, which also saw its parent company, NTPC Ltd, gain nearly 3%. The stock witnessed massive investor participation with over 17 crore shares changing hands.

NLC India Ltd (+6.87%)

NLC India gained significantly as investors favored PSU stocks, particularly those in the power and mining sectors. The stock's movement was in sync with the broader rally in the Nifty PSE index. This strong performance highlights continued investor confidence in public sector enterprises.

Adani Total Gas Ltd (+6.62%)

Adani Total Gas shares jumped amid a wider rally in Adani Group's energy-focused companies and the overall gas distribution sector. The positive sentiment was driven by the strong performance of the broader energy index. The stock saw robust trading volumes, indicating strong buying interest.

Small Cap Gainers

C2C Advanced Systems Ltd (+20.00%)

C2C Advanced Systems locked in the 20% upper circuit after the company made a series of positive announcements on March 11. The catalysts included receiving new purchase orders for defence software and a combat management system upgrade for the Royal Malaysian Navy. The company also announced a strategic partnership with a UK firm and an LoI from Mohan Meakin, triggering a strong positive reaction from investors.

Regaal Resources Ltd (+19.99%)

The stock surged and hit its 20% upper circuit on the back of unusually high trading volume of over 2.12 crore shares. In response to a query from the stock exchange regarding the volume surge, the company clarified that the movement was market-driven and there was no undisclosed price-sensitive information to report.

Confidence Petroleum India Ltd (+19.97%)

Confidence Petroleum India locked in its upper circuit, rebounding sharply from its 52-week low. The rally appears to be a technical bounce-back driven by attractive valuations after a prolonged period of underperformance. The significant price increase was accompanied by heavy trading volumes, suggesting renewed buying interest at lower levels.

Market Overview

Indian markets ended a volatile session on a flat note, with the Nifty 50 closing down 0.12% at 22,470.50 and the Sensex falling 0.10% to 74,029.76. The day was characterized by significant sectoral divergence, as weakness in IT, realty, and metal stocks was offset by a powerful rally in the energy and PSU space. The Nifty PSE index was a standout performer, closing 1.23% higher.

The broader market sentiment was cautious, with the BSE Midcap and Smallcap indices each falling by 0.5%. This underperformance suggests that while select pockets of the market saw strong buying, overall participation was limited. The flat closing of the headline indices amidst global trade uncertainties indicates that investors are awaiting fresh domestic triggers for a decisive market direction.

Explore More Market Movers

Readers can explore the complete list of market movers here:

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