Top gainers and losers today: Stocks that moved the most on April 7

Gainers and Losers

On a day that echoed fears of a 'Black Monday' selloff, Nifty 50 ended below 22,200 with a decline of 3.24 percent while Sensex ended down 2.95 percent at around 73,137.

All sectoral indices bore the brunt of the tariff tremors, with Nifty Metal and IT among the top laggards. "Sometimes you have to take medicine to fix something," Trump said on his April 2 reciprocal tariffs that have since wiped trillions of dollars in company valuations.

Hindustan Petroleum Crude-sensitive companies bounced back from day's lows after Brent oil price fell about 4% to $63 per barrel, its lowest since April 2021. HPCL had recovered from day’s low, but succumbed in late trade on Centre's announcement to hike excise duty.

Britannia (up by 0.65% at closing)

Britannia

Shares of the FMCG major gained during the market mayhem, with Nifty FMCG index emerging as the least-impacted index, with 3 out of 15 constituents in the positive. The relative outperformance of FMCG is attributed to their consumer-facing nature, which provides cushion during market volatility.

Trent (down by 14.77% at closing)

Trent

Shares of Trent fell sharply by about 18% after the promoter of Zudio and Westside apparel chains announced a weak Q4FY25 business update, showing Q4FY25 revenue was lower than estimate.

Bajaj Housing (down by 2.86% at closing)

Bajaj Housing

Even after strong provisional numbers for the March quarter, a bearish market sentiment pulled the shares of Bajaj Housing lower by 6% in trade. April is a key month for the company as the shareholder lock-in period comes to an end, and according to Nuvama, over 64 percent of Bajaj Housing Finance’s outstanding equity — about 529 crore shares — will become eligible for trade.

Tata Group

Tata Group

All Tata Group stocks dipped as a part of the 'Black Monday' market crash. Tata Consultancy Services (TCS), Tata Steel, Tata Motors, Titan Company, Tata Consumer Products, and Trent, altogether witnessed Rs 1.28 lakh crore erosion in market capitalisation.

Bharat Petroleum (down by 1% at closing)

Bharat Petroleum

Shares of BPCL ended in the red with losses, however, the stock rebounded by nearly 5 percent from its day’s lows. The fall in Brent crude is expected to benefit oil marketing companies as the decline in crude prices would lower their input costs.

Delhivery (down by 3.69% at closing)

Delhivery

Owing to acquisition of Ecom Express, Delhivery shares defy general market sentiment and leap 4%. Estimates predict further upward movement. Delhivery has formally announced its decision to acquire a rival firm, Ecom Express Limited, for a total sum of Rs 1,407 crore.

Mazagaon (down by 8.39%)

Mazagon Dock Shipbuilders

The shares of Mazagon crashed nearly 10 percent, marking a downgrade for a third continuous session, fuelled by government's plans to sell up to 4.83 percent stake in the PSU defence firm.

Kotak Bank (down by 4.41% at closing)

Nifty Bank index

The banking index ended down more than 3 percent following US President Trump's slew of tariffs on multiple countries. Kotak Mahindra Bank shares were the top losers on the Nifty Bank index, tumbling over 4 percent.