Top Gainers Today 27-Mar-2026: HEG, Supreme Petrochem Surge

Indian markets ended sharply lower on March 27, 2026, with the Nifty 50 falling 374 points (-1.61%) to close at 22,932 and the Sensex tanking 1,255 points (-1.67%) to 74,018. Market breadth was overwhelmingly negative, with only 759 shares advancing against 3,121 declining. Amidst the broad-based sell-off, IT stocks offered some resilience, while specific stocks in the capital goods and chemical sectors bucked the trend on company-specific news.

Large Cap Top Gainers

Oil & Natural Gas Corpn Ltd (+4.33%)

ONGC surged as it bucked the weak market trend, likely benefiting from a sharp spike in global crude oil prices. As a major upstream oil producer, higher oil prices improve ONGC's revenue and profitability, attracting investor interest despite the broad market sell-off.

LG Electronics India Ltd (+1.78%)

LG Electronics India gained in a volatile session without any major company-specific announcements. The stock showed resilience against the market-wide correction, attracting buying interest from investors looking for stable consumer durable names.

Wipro Ltd (+1.27%)

Shares of Wipro climbed as investors sought refuge in defensive IT stocks amidst a sharp market downturn. The Indian rupee hitting a record low against the US dollar also provided a tailwind, as a weaker rupee boosts earnings for IT exporters like Wipro.

Divis Laboratories Ltd (+0.63%)

Divis Laboratories registered a marginal gain on a day of widespread market losses. The move was not backed by any specific news, suggesting it was a result of stock-specific buying in the defensive healthcare space.

Tata Consultancy Services Ltd (+0.49%)

TCS rose as the IT sector outperformed the broader market, acting as a defensive play for investors. A depreciating rupee, which is beneficial for export-oriented IT companies, further supported the positive sentiment for the stock.

Mid Cap Top Gainers

Apar Industries Ltd (+5.82%)

Apar Industries rallied significantly, bucking the negative trend in the broader capital goods sector. The stock's strong performance was driven by specific investor interest, overcoming the sector-wide selling pressure on an otherwise weak market day.

Anthem Biosciences Ltd (+5.44%)

Anthem Biosciences jumped in a weak market, moving against the trend seen in the broader pharmaceutical sector. This outperformance was attributed to strong, stock-specific buying momentum in the absence of any new corporate announcements.

Oracle Financial Services Software Ltd (+5.23%)

OFSS gained as the IT sector remained a bright spot in a declining market. The stock benefited from the defensive shift by investors and the positive impact of a weakening rupee on the earnings of technology exporters.

Lenskart Solutions Ltd (+2.72%)

Lenskart Solutions climbed after global brokerage firm HSBC initiated coverage on the stock with a target price of Rs 513. The initiation of research coverage brought the company into the spotlight, boosting investor confidence and trading volumes.

Hindustan Copper Ltd (+2.37%)

Hindustan Copper advanced despite the broader market weakness, supported by buying interest in the metals space. The stock's gain was driven by its specific market dynamics rather than a broader sector-wide rally.

Small Cap Top Gainers

Spunweb Nonwoven Ltd (+16.55%)

Spunweb Nonwoven surged on strong investor interest, likely driven by its robust financial performance as seen in recent filings. The company's consistent growth in revenue and profit has attracted positive sentiment, leading to a sharp rally despite the absence of a specific daily trigger.

Supreme Petrochem Ltd (+15.88%)

Supreme Petrochem rallied sharply on the back of unusually high trading volume, which was significantly above its daily average. The surge in the petrochemical stock suggests strong buying interest, potentially linked to changing dynamics in crude oil prices and their impact on the sector.

HEG Ltd (+14.25%)

HEG skyrocketed after global peer GrafTech announced a significant price hike for graphite electrodes, ranging from $100 to $1,200 per metric ton. As a leading manufacturer, HEG is a direct beneficiary of higher electrode prices, which prompted a wave of buying and a massive spike in trading volume of over 5 crore shares.

Innovassynth Technologies (India) Ltd (+13.64%)

The stock jumped after the company informed exchanges of a board meeting scheduled for March 27, 2026, to consider fundraising. The prospect of a fresh capital infusion for growth or debt reduction triggered positive investor sentiment, leading to a sharp price increase.

Confidence Petroleum India Ltd (+11.56%)

Confidence Petroleum rallied on the back of massive trading volumes, which were several times its 20-day average. This surge indicates strong retail and institutional interest in the LPG and CNG distribution company, driving the stock price higher in a weak market.

Market Overview

The Indian stock market witnessed a sharp sell-off, with benchmark indices tumbling over 1.6%. The Sensex closed 1,255 points down at 74,018.37, while the Nifty 50 settled 374 points lower at 22,932.15. The decline was broad-based, as reflected in the poor advance-decline ratio, with media, auto, PSU banks, and realty indices shedding 2-3% each.

Macroeconomic headwinds contributed to the negative sentiment, as the Indian rupee hit a fresh record low of 94.7 against the US dollar. Amidst the sea of red, the IT sector was the sole pocket of resilience, with stocks like TCS and Wipro gaining as investors turned defensive and factored in the benefits of a weaker rupee for exporters. However, the overall market sentiment was decidedly bearish, with most sectors succumbing to selling pressure.

Explore More Market Movers

Readers can explore the complete list of market movers here:

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