Top Gainers Today 05-May-2026: M&M, Omax Autos jump

Introduction

Nifty 50 closed at 24,032.80 (-0.36%) and Sensex slipped 251.61 points to 77,017.79 (-0.33%) on May 05, 2026, after a volatile session that saw a rebound from the day’s lows. Market breadth stayed mixed but stable, with 240 stocks in the Nifty 500 ending in the green, while broader midcap and smallcap indices posted marginal gains. Auto, FMCG, power, pharma and telecom were the key pockets of strength, aligning with today’s top gainer list. The day’s risk-off tone was linked to higher crude on renewed US-Iran tensions and a weak rupee, alongside commentary pointing to continued FII selling pressure even as domestic flows stayed supportive.

Large Cap Top Gainers

Mahindra & Mahindra Ltd (+3.41%) Mahindra & Mahindra climbed after the company’s Q4 update and dividend announcement put the spotlight back on earnings momentum. Market coverage highlighted a Rs 33 dividend for 2026 alongside a reported 53% year-on-year profit increase, and the stock also benefited from Nifty Auto’s outperformance in an otherwise weak tape. Trading volumes were strong at 67.04 lakh shares, reinforcing conviction behind the post-results move.

CG Power & Industrial Solutions Ltd (+3.19%) CG Power gained as capital goods counters stayed in focus, with market commentary flagging a rally in capital market and defence themes and resilience in power-linked names. With no fresh company-specific headline provided, the move tracked sector rotation into industrials despite benchmark weakness. The stock also remained close to its 52-week high zone, supporting trend-following buying.

Vedanta Ltd (+3.09%) Vedanta advanced on heavy churn, with the stock among the most active names in the large-cap gainer set at 7.45 crore shares traded. With no incremental company announcement in the provided feed, the rise appeared linked to a rebound trade after the stock hovered near its 52-week low band (low at Rs 292.05 versus close at Rs 303.90). The outsized volume suggested aggressive positioning as investors reacted to the pullback-to-support setup.

Adani Green Energy Ltd (+3.07%) Adani Green rose as power and utility-linked stocks held up, with sector indices such as power edging higher even as benchmarks ended in the red. In the absence of a specific corporate trigger in the provided news block, the move was supported by price action near the stock’s 52-week high (Rs 1338.20), which often draws incremental momentum interest. Volumes stayed elevated at 50.13 lakh shares.

Godrej Consumer Products Ltd (+2.64%) Godrej Consumer gained as FMCG was one of the session’s outperforming segments, with the FMCG index ending modestly higher despite global risk-off cues. With no new company-specific announcement cited, investors appeared to rotate toward defensives amid volatility and currency-led macro uncertainty. The stock’s rise came on steady activity of 21.91 lakh shares.

Mid Cap Top Gainers

Aurobindo Pharma Ltd (+4.01%) Aurobindo Pharma jumped as pharma stocks held up better than the broader market, with the sector among the day’s resilient performers. With no specific company headline provided in the input, the move looked momentum-led, with the stock trading near its 52-week high zone (Rs 1459.75) and attracting follow-through buying. Volume stood at 18.80 lakh shares.

Aditya Birla Capital Ltd (+3.66%) Aditya Birla Capital rose after Jefferies reiterated a ‘buy’ rating and set a target price of Rs 425, highlighting Q4 PAT growth of 29% year-on-year and improving asset quality with lower provisioning. The brokerage note also flagged stronger traction in health insurance and a 14% rise in life insurance VNB, supporting a higher growth runway narrative. The stock saw heavy participation with 1.67 crore shares traded.

Dabur India Ltd (+3.38%) Dabur gained as investors rotated into FMCG names that were relatively insulated from the day’s macro headwinds such as higher crude and rupee weakness. With no company-specific announcement cited in the provided feed, the move followed the broader strength in FMCG indices during the session. Trading volume was 28.40 lakh shares.

Nippon Life India Asset Management Ltd (+3.16%) Nippon Life AMC advanced as capital market-related themes were among the day’s outperformers, supporting buying in listed AMCs. The stock also moved closer to its 52-week high (Rs 1057.65), a setup that typically draws incremental momentum flows. Volumes were 12.40 lakh shares.

Navin Fluorine International Ltd (+2.94%) Navin Fluorine climbed with the stock again trading close to its 52-week high band (Rs 7043.55), aiding technical strength. No fresh company development was provided in the input, so the move appeared driven by trend-following buying in selective chemicals counters. Volume stood at 5.80 lakh shares.

Small Cap Top Gainers

Omax Autos Ltd (+20.00%) Omax Autos hit the 20% upper circuit after the company published audited standalone financial results for Q4 and FY ended March 31, 2026, approved by the board on May 2, 2026. The audited-results disclosure acted as the immediate trigger, prompting investors to reprice the stock on fresh, board-approved numbers. The move came with a sharp jump in activity at 30.76 lakh shares and the stock closed at a fresh 52-week high of Rs 186.90.

Indo National Ltd (+19.99%) Indo National locked near the upper circuit after the company announced a May 15, 2026 board meeting to consider and approve audited standalone and consolidated Q4 and FY26 results and to evaluate a dividend recommendation. The dividend possibility and the imminent audited numbers typically pull forward demand in smaller counters where payout visibility matters. The trading window closure until 48 hours after results also signalled the company has entered a price-sensitive period, intensifying the near-term event trade.

Media Matrix Worldwide Ltd (+19.96%) Media Matrix Worldwide surged to its upper circuit, with market updates citing buyers queuing and sellers largely absent at the day’s price band. No new company-specific announcement was included in the provided database news, so the move appears to have been driven by circuit-led momentum in a thinly traded micro-cap. Volumes were 7.29 lakh shares, high enough to sustain the lock-in at the upper band.

The Investment Trust of India Ltd (+19.81%) The Investment Trust of India rallied to Rs 127.00, effectively testing the session’s upper price band, on a sharp jump in volumes to 4.36 lakh shares. With no fresh corporate development cited in the provided database news, the move looked momentum-driven amid increased churn in microcap NBFC names. The stock’s strong single-day move also followed a recent recovery from the 52-week low zone (Rs 84.25).

National Peroxide Ltd (+18.55%) National Peroxide jumped as the stock extended a short-term upmove highlighted in the provided context, with buying interest pushing it toward the upper circuit zone. In the absence of a specific company announcement in the input, the rally appeared driven by technical follow-through after consecutive gains and improving price structure. Volumes were 61.24 thousand shares, notable for the counter on a high-volatility day.

Market Overview

Benchmarks ended lower despite a sharp intraday rebound, with the Sensex closing at 77,017.79 (-0.33%) and the Nifty at 24,032.80 (-0.36%). Market participants cited a risk-off setup linked to higher crude oil prices after renewed US-Iran tensions, a record low in the rupee, and commentary around persistent foreign selling.

Sector performance was mixed: auto, FMCG, power, pharma and telecom indices posted modest gains of about 0.5% each, while realty fell around 1% and private banking slipped about 0.5%. The day’s leadership also reflected this rotation, with auto and defensives featuring prominently among the top gainers.

Broader markets were steadier than the benchmarks, with midcap and smallcap indices ending marginally higher and Nifty 500 breadth reported as stable, with 240 stocks closing positive. Technically, commentary flagged 23,900 to 23,880 as an immediate support zone for Nifty and 24,180 to 24,200 as the key upside hurdle for a clearer directional move.

Explore More Market Movers

Readers can explore the complete list of market movers here: https://www.multibagg.ai/market-movers/top-gainers