Top Losers Today 29-Jul-2026: Stocks Under Pressure

Introduction

Indian equities ended on a weak note on 29 Jul 2026, with the session’s risk-off undertone reinforced by a sharp sell-off in Asian markets led by South Korea’s Kospi, which plunged nearly 7% on heavy semiconductor selling. Within the Nifty pack, Bajaj Finance, M&M, Shriram Finance and Bharti Airtel were among the notable laggards, while HCL Technologies, Wipro, Cipla, ITC and HDFC Life featured among gainers, pointing to defensives and select IT holding up better. Several of the day’s steepest cuts were triggered by earnings-related disclosures and post-result repositioning, especially in small caps. (Nifty 50 and Sensex closing levels, advance-decline and FII-DII figures were not provided in the shared dataset.)

Large Cap Top Losers

Adani Ports & Special Economic Zone Ltd (-3.19%) The stock led large-cap declines as investors cut exposure to economically sensitive, trade-linked names amid a broader Asia-led risk-off session. Adani Ports saw heavy churn with 54.29 lakh shares traded, suggesting active unwinding rather than a low-liquidity drop.

CG Power & Industrial Solutions Ltd (-1.79%) CG Power slipped in a session that saw multiple industrial and capital goods counters on the back foot, tracking the broader market’s cautious tone. Trading volume was elevated at 65.29 lakh shares, indicating institutional and proprietary desks were active on the sell side.

Mahindra & Mahindra Ltd (-1.51%) M&M declined after figuring among the day’s top Nifty laggards, reflecting pressure in select auto counters as the market rotated away from cyclicals. The stock recorded 38.47 lakh shares in volume, keeping the move firmly in high participation.

Cummins India Ltd (-1.36%) Cummins India fell as industrial names remained under pressure in line with the day’s global risk-off cues. The counter traded 4.70 lakh shares, and the decline kept it well below its 52-week high of Rs 6,142.80.

Samvardhana Motherson International Ltd (-1.25%) Motherson eased as auto ancillary names saw profit taking alongside weakness in a key index auto constituent. The stock remained active with 1.50 crore shares traded, pointing to broad-based repositioning.

Mid Cap Top Losers

Phoenix Mills Ltd (-5.89%) Phoenix Mills dropped sharply and featured among the day’s stocks “in focus” in market chatter, with selling intensifying into the close. With 26.10 lakh shares traded, the fall looked driven by large-scale de-risking rather than thin volumes.

Mphasis Ltd (-2.14%) Mphasis underperformed even as select IT heavyweights ended higher, indicating stock-specific selling pressure within the IT services space. The counter traded 8.75 lakh shares, signalling active participation in the decline.

ICICI Lombard General Insurance Company Ltd (-2.01%) ICICI Lombard slipped as the market rotated defensively but remained selective within financials, with some lenders and NBFCs also among Nifty losers. Volume stood at 6.36 lakh shares, consistent with steady institutional flows.

Hindustan Petroleum Corporation Ltd (-1.85%) HPCL fell amid weakness in PSU-linked names and broader cyclicals during the session. The stock saw heavy activity at 74.35 lakh shares, suggesting traders were actively adjusting positions.

IDBI Bank Ltd (-1.82%) IDBI Bank declined with 51.53 lakh shares traded, pointing to a high-volume move rather than an isolated price swing. In the absence of a specific company disclosure in the provided dataset, the action appears driven by broader financial-sector selling pressure.

Small Cap Top Losers

Jammu and Kashmir Bank Ltd (-12.78%) Jammu and Kashmir Bank fell sharply after its Q1 (ended 30 Jun 2026) results and related filings highlighted an accounting-related boost to profit, prompting investors to reassess headline profitability quality. The bank disclosed that a PSLC accounting change added Rs 56.29 crore to PAT, while the board also transferred Rs 263.63 crore from IFR to General Reserve, details that typically drive near-term caution on reported numbers. The stock saw extremely heavy trading at 3.91 crore shares, underscoring broad participation in the post-results repricing despite reported business growth (advances up 25% YoY and deposits up 17%).

Alufluoride Ltd (-12.08%) Alufluoride dropped more than 12% with no specific corporate announcement in the provided dataset, indicating the move was largely price-action driven. The fall pushed the stock closer to its 52-week low zone (Rs 377.60) versus the 52-week high of Rs 615.00, often a trigger for stop-loss selling. Volume was 1.08 lakh shares, suggesting the decline was sharp but not accompanied by exceptional turnover in the shared data.

Thangamayil Jewellery Ltd (-10.00%) Thangamayil hit a 10% cut even after reporting and approving strong Q1 results for the quarter ended 30-06-2026, indicating investors were selling into the event after a steep run-up and a recent 52-week high. The company disclosed total income of about Rs 2,662 crore and PAT of about Rs 815.09 crore (as filed), with the board approving the unaudited results on 29-07-2026. The counter traded 8.13 lakh shares and ended at Rs 6,461.40, pulling back from its 52-week high of Rs 7,429.00.

Shah Metacorp Ltd (-9.25%) Shah Metacorp sank to Rs 3.73, effectively hovering near its lower circuit band (Rs 3.72 referenced in market data context), a sign of aggressive supply and limited bids. The stock also saw very high activity at 3.43 crore shares, pointing to heavy exit volume during the slide.

Dwarikesh Sugar Industries Ltd (-8.54%) Dwarikesh Sugar fell after reporting a weak Q1 FY27 performance, with the company disclosing total income of Rs 360.07 crore and a loss after tax of Rs 25.73 crore for the quarter ended 30 June 2026. The company attributed the quarter’s pressure to lower production and higher-cost opening inventory, which investors typically treat as a negative near-term margin and earnings signal. The decline came alongside active trading of 23.65 lakh shares as the market repriced the stock post-results and investor presentation updates.

Market Overview

Global cues set the tone, with Asian equities rattled after South Korea’s Kospi plunged nearly 7% as semiconductor heavyweight SK Hynix slid about 10% on a quarterly profit miss versus expectations, dragging Samsung Electronics lower as well. That external shock translated into a more cautious stance locally, with traders trimming cyclical exposure and keeping positions lighter into the close.

Within Indian equities, the day’s Nifty losers list highlighted pressure in pockets of financials and autos, including Bajaj Finance and Mahindra & Mahindra, while select IT names and defensives such as HCL Technologies, Wipro, Cipla, ITC and HDFC Life managed to close higher, signalling a rotation rather than a uniform sell-off. Several sharp individual moves in the broader market were tied to earnings reactions, particularly in smaller names where post-result volatility and circuit limits amplified price moves.

FII and DII activity data, advance-decline figures, and benchmark closing levels were not available in the provided dataset, so the session assessment is based on the stock-level loser list and the supplied global-market context.

Explore More Market Movers

Readers can explore the complete list of market movers here:

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