Top Losers Today 24-Jun-2026: Biggest Drops Explained

Introduction

Nifty 50 closed at 22,819.60 (-2.09%) while Sensex fell 1,690.23 points to end at 73,583.22 (-2.25%) on 24 Jun 2026. Market breadth stayed slightly negative with 1,519 advances versus 1,612 declines and 100 unchanged stocks on the NSE. Capital goods and PSU-linked finance names dominated the losers list, while several small caps saw outsized declines on stock-specific triggers and sharp reversals after recent rallies. Broader markets lagged, with the Nifty Smallcap 100 down 0.26% and the Nifty Midcap 100 down 0.01%.

Large Cap Top Losers

GE Vernova T&D India Ltd (-6.26%) GE Vernova T&D India slid as investors booked profits in high-beta electrical capital goods counters during a sharp benchmark correction ahead of the monthly F&O expiry. The sell-off was mirrored across similar names in the segment, signalling a sector-led unwind rather than a single company announcement.

Indian Railway Finance Corporation Ltd (-6.24%) IRFC fell amid weakness in PSU and rate-sensitive financial pockets, after market commentary flagged policy-related jitters around greater RBI oversight for co-operative banks that weighed on financial stocks. The move also came on heavy turnover of 8.57 crore shares, indicating broad-based risk reduction in the counter.

Hitachi Energy India Ltd (-5.66%) Hitachi Energy dropped as investors cut exposure to expensive capital goods names on a day when markets saw a risk-off move and broader market breadth stayed negative. The stock remains close to its 52-week high zone (₹38,800), and the decline looked like a pullback after a strong run.

Siemens Ltd (-3.34%) Siemens declined in tandem with other industrial and electrification plays as the session turned into a profit-booking day across sectors. With no stock-specific update in the provided news flow, the fall fits the broader pattern of capital goods de-risking during the index sell-off.

CG Power & Industrial Solutions Ltd (-3.17%) CG Power eased as the electrical equipment theme cooled off, with investors locking in gains following recent highs (52-week high ₹973.65). High volumes of 41.97 lakh shares suggest institutional and trader activity on the downside.

Mid Cap Top Losers

Physicswallah Ltd (-3.66%) Physicswallah slipped as investors reduced exposure to mid-cap growth names while the broader market lagged the benchmarks and breadth stayed negative. The stock also saw high participation at 1.06 crore shares, pointing to active selling rather than a low-liquidity move.

Lloyds Metals & Energy Ltd (-3.32%) Lloyds Metals fell in line with weakness in metals during the risk-off session, with the broader market commentary noting metals among the worst-hit pockets. The pullback also followed a run towards its 52-week high of ₹1,889, which can intensify profit-taking when the market turns volatile.

KEI Industries Ltd (-2.83%) KEI Industries declined as the electrical and industrial supply chain saw a broad unwind, visible across large-cap electrification names as well. With the stock near its 52-week high band (₹5,705), traders appeared to pare positions into the correction.

Tube Investments of India Ltd (-2.70%) Tube Investments eased as investors took profits in industrial cyclicals amid expectations of heightened volatility around monthly derivatives expiry. The move matched the broader midcap softness even as benchmarks saw a sharper drawdown.

Berger Paints India Ltd (-2.67%) Berger Paints slipped despite FMCG being relatively defensive, suggesting stock-specific profit booking within the paints space rather than a sector-wide breakdown. The decline came with the stock still well above its 52-week low (₹391.50), indicating a pullback after an extended move.

Small Cap Top Losers

Captain Technocast Ltd (-11.60%) Captain Technocast dropped sharply in extremely thin trade, with volume of just 750 shares, a setup that can amplify price swings when sellers dominate order books. The stock remains below its 52-week high of ₹294, and the move reflects small-cap volatility during a session where multiple counters hit lower circuits across the market.

P.E. Analytics Ltd (-10.06%) P.E. Analytics slid on low volumes (4.20K shares), indicating that liquidity constraints likely exacerbated the downside move. With no verified company-specific update in the provided news, the fall appears driven by small-cap de-risking and stop-loss selling.

Blue Cloud Softech Solutions Ltd (-9.98%) Blue Cloud Softech Solutions fell after a disclosure that ConnectM Technology Solutions Inc. acquired a 17.33% stake via a preferential fresh issue, an action that can trigger concerns around dilution and issuance pricing for existing shareholders. The drop also followed a very sharp run-up in the prior two sessions, including reports of a 44% jump in two days and earlier news around an AI collaboration, prompting a classic reversal as traders booked gains.

EMS Ltd (-8.34%) EMS declined amid profit booking in broader midcap and smallcap names, with market commentary highlighting weakness outside the benchmarks. The selling came with heavy activity of 29.40 lakh shares, suggesting a decisive move rather than a minor drift.

Globe International Carriers Ltd (-8.30%) Globe International Carriers slipped close to its 52-week low zone (₹19.81), a level that often attracts fresh selling when it breaks or is tested. With no specific news catalyst provided, the move looks driven by technical pressure and risk reduction in smaller logistics counters.

Market Overview

Benchmarks ended sharply lower, with Sensex closing at 73,583.22 (-2.25%) and Nifty 50 at 22,819.60 (-2.09%), as the session turned volatile ahead of the monthly derivatives expiry. While intraday commentary cited supportive macro cues such as lower crude prices and RBI remarks on inflation and rates, late-session selling dominated, especially in rate-sensitive and cyclical pockets.

Sector performance was mixed but risk-off was visible across most groups, with commentary pointing to banking and finance as key drags, and metals also among the worst-hit areas during the downdraft. In the broader market, the Nifty Smallcap 100 dipped 0.26% and the Nifty Midcap 100 edged down 0.01%, underscoring selective selling beyond the frontline indices.

Breadth stayed slightly negative with 1,519 stocks advancing against 1,612 declines and 100 unchanged on the NSE. Volatility remained elevated under the surface, with 86 stocks hitting 52-week highs and 26 making fresh 52-week lows, while 78 stocks were locked in upper circuits and 64 in lower circuits.

Explore More Market Movers

Readers can explore the complete list of market movers here:

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