Top gainers and losers today: Stocks that moved the most on April 1

Markets

Benchmark Nifty 50 tumbled 1.5 percent to close at 23,165.70, while Sensex crashed over 1,390 points to end the session at 76,024.51 on April 1. This comes as investor worries remain heightened ahead of US President Donald Trump’s reciprocal tariffs which are set to take effect from April 2.

Nifty Realty witnessed the sharpest fall among the sectors, plunging over 3 percent. IT and bank stocks also weighed down heavily on the benchmark indices.

HCL Tech, Bajaj Finserv, HDFC Bank, Bajaj Finance, Infosys, Titan, ICICI Bank, Sun Pharma and other were the top losers on Sensex. IndusInd Bank shares however bucked the trend to close over 5 percent higher on Tuesday.

IT stocks

Shares of IT companies, including Infosys, Tata Consultancy Services (TCS) and Persistent Systems, fell up to 5 percent on Tuesday as investors remained cautious ahead of US President Donald Trump’s "Liberation Day" Wednesday.

Pharma stocks

Shares of pharma companies were under selling pressure on April 1, pushing the Nifty Pharma index down by over 2 percent, marking the fifth consecutive session of losses on worries over the potential impact of US President Trump's reciprocal tariffs set to take effect from April 2.

Bank stocks

Bank Nifty faced selling pressure on April 1, with HDFC Bank leading the losses. The shares of HDFC Bank closed over 3 percent lower at Rs 1,769.90 per share, followed by ICICI Bank, Axis Bank, Kotak Mahindra Bank and others.

Vodafone Idea

Vodafone Idea Ltd. (VI) shares jumped 20 percent in trade on April 1 after the firm announced the Central government will convert its outstanding spectrum dues into equity shares. Further, shares of Indus Towers also jumped seven percent.

HBL Engineering

Shares of HBL Engineering, a battery maker and developer of train collision avoidance system, surged over 11.5 percent on April 1 after the company confirmed receiving Letters of Acceptance (LoA) for five contracts from the Central Railway to provide the Kavach system.

Trent

Trent shares rose over 5 percent in an otherwise weak market on Tuesday after the company informed the shareholders through an exchange filing on crossing 1,000 store count.