Top Gainers Today 09-Jun-2026: PSU banks, airlines

Introduction

Nifty 50 closed at 23,242 (+0.5%) while Sensex added about 395 points to end near 73,919, as gains in financials offset weakness in IT heavyweights. Market breadth stayed strongly positive with 2,240 advances versus 790 declines (about 2.8:1), indicating broad participation beyond the benchmarks. Banking and financial services dominated the winners list, with PSU banks leading the charge, while select travel and consumer names also surged. India VIX fell nearly 9% to 15.56, signalling lower risk premia and supporting higher beta segments.

Large Cap Top Gainers

Bank of Baroda (+5.65%) Bank of Baroda surged as PSU banks outperformed sharply, with the Nifty PSU Bank index rising over 3% in the session. Investors rotated into state-run lenders as the broader market rewarded financials, pushing volumes to 3.34 crore shares.

Canara Bank (+4.29%) Canara Bank jumped in tandem with the sector-wide PSU bank rally, which led Tuesday’s market gains. The move was backed by heavy trading activity, with 6.65 crore shares changing hands.

GE Vernova T&D India Ltd (+4.07%) GE Vernova T&D climbed on continuation buying in capital goods and power equipment names, with the stock trading close to its 52-week high zone (Rs 5,220). The rally came with active participation at 8.02 lakh shares, suggesting momentum-driven accumulation.

Interglobe Aviation Ltd (+4.04%) InterGlobe Aviation rallied as easing geopolitical tensions helped pull down crude, improving the near-term cost outlook for airlines via lower expected ATF prices. The stock also featured among headline index gainers, with volumes of 10.52 lakh shares.

Indian Bank (+3.90%) Indian Bank advanced as PSU lenders led the market’s risk-on trade, mirroring strength in Nifty Bank and the PSU Bank index. The stock’s rise was accompanied by 37.81 lakh shares in volume, reinforcing that the move was participation-led rather than a low-liquidity spike.

Mid Cap Top Gainers

P I Industries Ltd (+6.85%) P I Industries jumped as investors bought into a sharp rebound from the lower end of its 52-week range (low of Rs 2,658 versus Tuesday’s close of Rs 2,865). The up-move came on elevated activity of 19.17 lakh shares, pointing to a momentum-led recovery.

Motilal Oswal Financial Services Ltd (+5.93%) Motilal Oswal rose as financials and market-facing businesses strengthened on a day when broader markets outperformed and volatility cooled, with India VIX down sharply. The stock recorded 18.76 lakh shares in volume, supporting the price rise.

Bank of India (+5.69%) Bank of India rallied as PSU banks dominated the midcap gainers list, tracking the Nifty PSU Bank index’s outsized move. The stock saw heavy turnover at 2.27 crore shares, underlining strong participation.

Bank of Maharashtra (+5.54%) Bank of Maharashtra climbed as the PSU banking pack stayed in focus, and the stock traded close to its 52-week high (Rs 85.93) at Rs 84.01. Volumes remained high at 3.97 crore shares, consistent with a sector-led breakout attempt.

JSW Infrastructure Ltd (+5.35%) JSW Infrastructure gained as infrastructure-linked names participated in the broader risk-on session that lifted midcaps. The rise came on 31.69 lakh shares, signalling follow-through buying after recent weakness.

Small Cap Top Gainers

Orbit Exports Ltd (+19.95%) Orbit Exports hit the upper end of its daily move on a sharp volume surge, with trading far above recent averages flagged in market data and the stock ending near a key momentum zone above its longer-term reference levels. With no specific headline disclosed in the provided feed, the move looked driven by a technical breakout and aggressive buying in a low-float counter.

Menon Bearings Ltd (+19.49%) Menon Bearings surged to near its 52-week high (Rs 170.80), with a sharp spike in volumes to 30.47 lakh shares. The buying intensity was also reflected in the order book imbalance in market depth data, which indicated strong demand near the top price band.

Studds Accessories Ltd (+18.26%) Studds Accessories jumped after a report highlighted a sharp rise in helmet demand, with sales volumes in West Bengal reportedly up 70% in May following stricter enforcement of helmet rules. The stock’s rally was reinforced by strong volume at 49.86 lakh shares as investors priced in higher near-term demand traction.

Easy Trip Planners Ltd (+18.18%) Easy Trip Planners extended its surge after the company disclosed a fundraise plan, with the board approving in-principle raising of up to Rs 500 crore via issuance of equity shares and other eligible securities, subject to approvals. The reaction was amplified by very heavy turnover of 19.09 crore shares, aligning with reports of volumes running far above recent averages.

Manaksia Aluminium Company Ltd (+17.71%) Manaksia Aluminium spiked on a momentum-driven move after recent consolidation, despite still trading well below its 52-week high (Rs 68.28). With no specific company-trigger in the provided news flow, the jump appeared to be fuelled by price-action strength and higher activity at 5.73 lakh shares.

Market Overview

Indian equities ended marginally higher, with Nifty 50 closing at 23,242 (+0.5%) and Sensex around 73,919 (+395 points), while broader markets outperformed. The risk backdrop improved as India VIX dropped nearly 9% to 15.56, supporting higher beta segments like banks and small-caps.

Sector leadership was clear in financials. Banking and financial services led the day’s gains, with the Nifty PSU Bank index rising over 3% and Nifty Bank up close to 2%, while IT remained the key laggard as several large software names stayed under pressure.

Breadth stayed decisively positive, with 2,240 stocks advancing against 790 declines and 61 stocks hitting 52-week highs, indicating participation beyond index heavyweights.

Explore More Market Movers

Readers can explore the complete list of market movers here:

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