Top Gainers Today 12-Mar-2026: Energy Stocks Lead Market

Indian benchmark indices closed lower on March 12, 2026, amid broad-based selling pressure in banking and auto stocks. The Nifty 50 ended the session down 0.64% at 23,713.10, while the Sensex fell 1.08% to close at 76,034.42. Market breadth was negative, with declining stocks outnumbering advancers, reflecting cautious investor sentiment driven by sustained foreign fund outflows. However, the energy sector bucked the trend, with oil, gas, and power stocks emerging as the top performers for the day.

Large Cap Gainers

The most actively traded large-cap stocks saw a mixed session, with most index heavyweights ending in the red. However, Reliance Industries managed to close with marginal gains.

Reliance Industries Ltd (+0.05%)

Shares of Reliance Industries edged higher after the company announced measures to enhance domestic energy security. The company stated it will boost LPG production at its Jamnagar refinery and divert natural gas from its KG-D6 block to priority sectors. This decision aligns with government guidelines to stabilize domestic fuel supplies amid global market volatility, a move that investors viewed as a positive strategic step.

Mid Cap Gainers

NTPC Green Energy Ltd (+12.58%)

NTPC Green Energy surged on the back of a strong sector-wide rally in power and green energy stocks. The move was driven by positive sentiment following government initiatives aimed at strengthening domestic energy supply and promoting renewable energy. The stock witnessed exceptionally high trading volume, indicating robust investor interest in the sector's growth prospects.

Adani Total Gas Ltd (+6.62%)

Adani Total Gas rallied for a third consecutive session following a government notification that prioritized gas allocation for domestic piped natural gas (PNG) and compressed natural gas (CNG) sectors. Investors reacted positively to the policy directive, as it is expected to ensure stable supply and boost demand for city gas distribution companies. This development improves the earnings outlook for the company, leading to strong buying interest.

JSW Energy Ltd (+6.29%)

JSW Energy gained significantly as part of a broader rally in the energy and power sector. The positive momentum was fueled by increasing focus on domestic energy production and policy support for the power industry. The stock's rise was in line with the outperformance of the Nifty Energy index, which was one of the few sectoral indices to close in the green.

Small Cap Gainers

KPI Green Energy Ltd (+8.58%)

KPI Green Energy shares jumped, mirroring the strong upward momentum seen across the renewable energy space. The rally was supported by a significant increase in trading volume, which was more than three times its weekly average. The stock's performance highlights strong investor appetite for companies in the green energy sector, driven by favorable government policies and a positive long-term outlook.

Doms Industries Ltd (+2.96%)

Shares of Doms Industries advanced on the back of robust trading volumes. The stock witnessed renewed buying interest, helping it close firmly in positive territory despite the broader market weakness. While a specific corporate announcement was not available, the increased investor participation suggests a positive shift in sentiment for the counter.

Jindal Saw Ltd (+0.43%)

Jindal Saw was among the most actively traded stocks of the day, closing with a marginal gain on exceptionally high volumes of over 10 crore shares. This surge in trading activity indicates significant institutional and retail interest in the stock. The company's shares saw substantial participation, distinguishing it in an otherwise subdued market session.

Market Overview

Indian equity markets closed with significant losses on Thursday, extending their decline as selling pressure intensified in heavyweight banking, financial, and automotive stocks. The Nifty 50 index settled below the 23,750 mark, while the Sensex shed over 800 points. The broader market also felt the heat, with the Nifty Midcap 100 and Smallcap 100 indices ending lower by 0.37% and 0.63%, respectively.

Sectoral performance was divergent. The Nifty Bank index was a major laggard, falling 1.10%, alongside Nifty Auto which dropped nearly 2.5% on concerns over rising crude oil prices. In contrast, the Nifty Oil & Gas and Nifty Energy indices were the top gainers, rising 0.89% and 1.92% respectively, buoyed by a government push for domestic energy security. The negative market sentiment was further compounded by continued outflows from foreign institutional investors (FIIs) amid global geopolitical tensions.

Explore More Market Movers

Readers can explore the complete list of market movers here:

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