Top Losers Today 29-May-2026: NSE, BSE laggards

Introduction

Indian equities ended lower on 29 May 2026, with the sharpest cuts concentrated in PSU utility, oil marketing, auto and select defence-linked names from the losers list. In small caps, several counters hit steep single-day declines on results-linked updates and post-announcement selling, with multiple stocks sliding toward or to fresh 52-week lows. Index closing levels, market breadth (advance-decline) and FII-DII flow figures were not provided in the dataset shared for this report.

Large Cap Top Losers

Power Grid Corporation of India Ltd (-3.46%) With no company-specific update provided in the supplied news feed, Power Grid’s drop tracked heavy technical selling as the stock slipped further away from the Rs 300 zone. The decline came on sizeable volume of 7.84 crore shares, indicating stronger participation in the down move.

Interglobe Aviation Ltd (-3.27%) InterGlobe Aviation (IndiGo) fell in the absence of a fresh, stock-specific headline in the provided dataset, with the move reflecting a sharp risk-off trade in the counter. The stock’s fall also came with active participation at 13.93 lakh shares, pointing to momentum-led unwinding.

Eicher Motors Ltd (-3.26%) Eicher Motors declined without a specific news trigger in the shared inputs, suggesting the move was driven by price action and broader auto-sector weakness within the day’s losers. Volumes of 15.31 lakh shares accompanied the fall, reinforcing the selloff’s intensity.

Bharat Petroleum Corporation Ltd (-3.11%) BPCL slipped as the counter remained under pressure, with no incremental company announcement available in the provided news block. The drop on 2.67 crore shares traded indicated sustained selling interest through the session.

Bajaj Auto Ltd (-3.01%) Bajaj Auto retreated in a largely technical move given the absence of a stated company catalyst in the supplied updates. The fall came with 4.96 lakh shares traded, consistent with a broad-based de-risking in the auto pack among today’s large-cap losers.

Mid Cap Top Losers

Multi Commodity Exchange of India Ltd (-6.47%) MCX saw a sharp cut with no stock-specific headline provided in the shared dataset, making the move largely a technical breakdown led by aggressive selling. The fall was backed by unusually high activity of 1.96 crore shares, signalling strong churn as the price moved away from its 52-week high of Rs 3,479.80.

Bharat Dynamics Ltd (-6.10%) Bharat Dynamics dropped in the absence of a fresh company update in the provided inputs, pointing to a sector-led correction in defence counters that have been volatile recently. The selloff was accompanied by 82.80 lakh shares traded, indicating heavy participation.

Jindal Stainless Ltd (-5.53%) Jindal Stainless fell as metals were among the weaker pockets in the day’s mid-cap set, with no incremental company news cited in the dataset. The stock slipped to Rs 682.40 on 34.46 lakh shares, keeping it closer to the lower end of its 52-week range (low Rs 633.35).

Fertilizers & Chemicals Travancore Ltd (-5.03%) FACT declined without a specific trigger in the supplied news block, suggesting the move was driven by technical selling and rotation out of the fertiliser theme. Volumes were 8.03 lakh shares as the stock cooled off from its 52-week high of Rs 1,111.

Berger Paints India Ltd (-5.01%) Berger Paints slid in a broad mid-cap selloff, with no company-specific development available in the provided inputs to anchor the move. The counter closed at Rs 500.50 on 6.85 lakh shares traded, reflecting sustained pressure through the session.

Small Cap Top Losers

Kesar Petroproducts Ltd (-19.98%) Kesar Petroproducts hit a near-20% drop after the board approved audited standalone financial results for Q4 and FY ended 31 March 2026. The stock closed at Rs 19.18, which also marked its 52-week low in the provided data, indicating the market sold down sharply after the audited-results disclosure.

Jaykay Enterprises Ltd (-19.00%) Jaykay Enterprises fell steeply after the company disclosed that while standalone audited results received an unmodified opinion, its consolidated financials carried a modified audit opinion and an impact statement. The audit qualification, alongside references to impairment risk in subsidiary investments and notes flagged around classification issues in disclosures, outweighed the headline FY2026 performance numbers and triggered a sharp de-rating.

Lincoln Pharmaceuticals Ltd (-16.67%) Lincoln Pharmaceuticals dropped despite reporting Q4 profit of Rs 11.63 crore and FY26 revenue growth to Rs 704.48 crore, along with a board-recommended 18% dividend (Rs 1.80 per share). The sharp fall suggests a post-results repricing, with investors reacting to the earnings release by selling the stock down from levels closer to its 52-week high of Rs 770.

DSM Fresh Foods Ltd (-16.40%) DSM Fresh Foods declined even after it reported strong audited FY26 growth, including revenue of INR 2,208 million (+69% YoY), EBITDA of INR 311 million (+91%) and PAT of INR 143 million (+59%). The outsized single-day drop indicates a post-announcement selloff as the market reassessed valuation after the stock’s earlier run-up, with the price still holding above its 52-week low of Rs 81.05.

Delton Cables Ltd (-15.00%) Delton Cables fell after releasing its Q4 and FY2026 audited results and investor presentation, which also highlighted a shift to the revaluation model for land under Ind AS 16 and a revaluation lift to book value per share. While the company reported FY26 revenue of Rs 9,863.8 million (+39.1%) and recommended a final dividend of Rs 2 per share, the stock’s drop indicates investors discounted the revaluation and booked profits, with the price far below its 52-week high of Rs 911.60.

Market Overview

The day’s losers were spread across large caps and mid caps, with pronounced weakness in PSU-linked names (Power Grid and BPCL) and autos (Eicher Motors, Bajaj Auto), alongside sharp mid-cap cuts in MCX and Bharat Dynamics. In small caps, the largest drawdowns were closely tied to results-season disclosures and audit-related flags, which typically drive immediate repricing because they change how investors assess reported profits and balance-sheet quality.

Trading activity was particularly notable in select names: Power Grid (7.84 crore shares), BPCL (2.67 crore), MCX (1.96 crore) and Bharat Dynamics (82.80 lakh) saw high participation on down days, a pattern consistent with momentum unwinding rather than low-liquidity drift. Benchmark index levels, advance-decline data and FII-DII net flows were not available in the provided dataset for this report.

Explore More Market Movers

Readers can explore the complete list of market movers here:

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