Top Gainers Today 23-Sep-2026: Metal Stocks Lead

Introduction

Nifty 50 closed at 23,459.35 (+0.19%) on 23 Sep 2026, while Sensex ended nearly flat at 74,886.04 (+0.04%). Metal counters dominated the gainers list as Nifty Metal rose 2.18%, while Pharma (+0.81%) and FMCG (+1.22%) also supported the upside even as IT remained weak (Nifty IT -1.21%). India VIX dropped to 10.28 (-8.60%), pointing to lower implied volatility by the close. Exchange-wide advance-decline and FII-DII cash flow figures were not provided in today’s dataset.

Large Cap Top Gainers

Tata Steel Ltd (+3.28%) Tata Steel climbed as metal stocks led the market, with Nifty Metal ending up 2.18% and drawing buying into large liquid names. The move was backed by heavy turnover at 4.14 crore shares, signalling broad participation in the sector-led rally.

Bajaj Finance Ltd (+3.07%) Bajaj Finance advanced alongside the day’s steady tone in financials, with Nifty Finance up 0.48% and Nifty Bank up 0.25% supporting large-cap lenders and NBFCs. The stock saw active trading at 89 lakh shares, consistent with a risk-on tilt as volatility cooled sharply (India VIX -8.60%).

Jindal Steel Ltd (+3.03%) Jindal Steel rose in tandem with the broader metals upswing, mirroring the 2.18% jump in the Nifty Metal index. Investors rotated into steel names as the sector outperformed the headline indices, helping the stock extend gains on 10.52 lakh shares.

Divis Laboratories Ltd (+2.70%) Divi’s Labs gained as pharma held firm, with Nifty Pharma closing higher by 0.81% even as IT stocks dragged on benchmarks. The move also kept the stock within range of its 52-week high (Rs. 10,000), a level traders often track for momentum.

Hindalco Industries Ltd (+2.68%) Hindalco advanced with metals leading the session, reflecting the sector’s strongest index-level performance among key Nifty groups (Nifty Metal +2.18%). The stock’s 55.88 lakh share volume highlighted strong interest in aluminium-linked plays during the metal-led push.

Mid Cap Top Gainers

Steel Authority of India Ltd (+6.67%) SAIL surged as steel names outpaced the broader market on a strong day for metals, with Nifty Metal up 2.18%. The rally was reinforced by very high activity at 4.30 crore shares, placing it among the most actively traded gainers in its segment.

PB Fintech Ltd (+5.00%) PB Fintech rose as financials stayed supportive, with Nifty Finance up 0.48% and volatility easing sharply (India VIX -8.60%), a setup that often favours higher-beta financial platforms. The stock’s 25.83 lakh share volume pointed to firm participation rather than an illiquid spike.

Aditya Infotech Ltd (+5.00%) Aditya Infotech gained amid a stronger mid-cap tape, with the BSE MIDCAP 150 index up 0.63% on the day as per the provided context. With no specific company announcement in the supplied news block, the move appears driven by segment-level momentum, supported by 3.14 lakh shares traded.

Sterlite Technologies Ltd (+3.41%) Sterlite Technologies advanced as broader risk appetite improved in mid-caps and small-caps, which both outperformed the frontline indices in the session (BSE MIDCAP 150 +0.63%, BSE SMALLCAP 250 +0.68%). The stock also traded closer to its 52-week high (Rs. 910) and saw 13.57 lakh shares change hands.

Motilal Oswal Financial Services Ltd (+3.38%) Motilal Oswal climbed in line with firm undertones in the finance complex, with Nifty Finance up 0.48% and Nifty Bank up 0.25%. The move came on 21.97 lakh shares, suggesting active interest in capital-market proxies on a lower-volatility day.

Small Cap Top Gainers

Premier Polyfilm Ltd (+20.00%) Premier Polyfilm hit the 20% upper circuit and closed at Rs. 97.14, trading near its 52-week high of Rs. 98.35. The sharp rise came with elevated volume of 68.37 lakh shares, indicating aggressive demand as the stock moved to the day’s high.

Frontier Springs Ltd (+20.00%) Frontier Springs locked at its 20% upper circuit at Rs. 1,394.55, with the supplied context noting buyers queued and sellers largely absent. Volumes of 3.83 lakh shares show the price was capped by the circuit limit rather than fading demand.

Whirlpool of India Ltd (+20.00%) Whirlpool of India jumped 20% to Rs. 865.35 and featured among the top gainers in the NIFTY500 list in the provided market context. The move was accompanied by heavy activity at 1.16 crore shares, signalling a decisive demand-led session even without a specific corporate headline in the supplied dataset.

Suditi Industries Ltd (+17.31%) Suditi Industries rallied sharply to Rs. 66.88, extending away from its 52-week low of Rs. 52.00 after a strong one-day move. Trading volume was relatively low at 55.05 thousand shares, suggesting the rise was driven by price action in a thinner order book rather than broad institutional churn.

Priority Jewels Ltd (+17.27%) Priority Jewels climbed to Rs. 262.05, moving close to its 52-week high of Rs. 268.00, a level that often draws momentum attention in small caps. The stock saw 13.33 lakh shares traded, supporting the breakout-style move within the day’s range.

Market Overview

Indian equities ended modestly higher on 23 September 2026, with Nifty 50 at 23,459.35 (+0.19%) and Sensex at 74,886.04 (+0.04%). The drop in India VIX to 10.28 (-8.60%) indicated reduced hedging demand and helped risk appetite, particularly in the broader market where mid-caps and small-caps outperformed in the provided context.

Sector performance was mixed. Metals were the clear leader (Nifty Metal +2.18%), aligning with gains across steel and non-ferrous names, while Pharma (+0.81%) and FMCG (+1.22%) added support. IT underperformed (Nifty IT -1.21%), with Infosys, TCS and Wipro listed among the day’s laggards in the market context.

Broader indices remained constructive, with the context citing BSE MIDCAP 150 up 0.63% and BSE SMALLCAP 250 up 0.68% for the day. Advance-decline and FII-DII cash market flow numbers were referenced as headings in the supplied context but were not provided with figures, so they are not included here.

Explore More Market Movers

Readers can explore the complete list of market movers here:

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