Top gainers and losers today: Stocks that moved the most on May 22

Top gainers and losers

Today's trading session saw Indian benchmark indices closing in the red amid weak global cues,  including the rise in US fiscal concerns and treasury yields. A sudden increase in Covid-19 cases in parts of Asia, including Singapore, Hong Kong, China and Thailand further added to market fears.

Throughout the day, market remained under pressure. Sensex tumbled over 664 points to close at 80,951.99, while the Nifty 50 index dropped 0.82% to end the session at 24,609.70.

Top gainers

IndusInd Bank

IndusInd Bank

IndusInd Bank emerged as the top gainer on the benchmark indices today despite posting a sharp net loss for the fourth quarter of the financial year 2024-25. This is the first instance in 20 years that IndusInd Bank has reported a quarterly net loss.

Bharti Airtel

Bharti Airtel

Bharti Airtel shares gained close to 0.44% in today's session, emerging as the second-highest gainer at closing. Earlier this week, Supreme Court dismissed Vodafone Idea and Bharti Airtel on their writ petitions seeking exemption from interest on Adjusted Gross Revenue (AGR) dues.

Emcure Pharma

Emcure Pharma

Emcure Pharma shares hit 10% upper circuit after Q4 net profit jumped 64%. It also reported 19% rise in revenue, reflecting sustained demand across key markets.

IndiGo

IndiGo

Shares of InterGlobe Aviation were higher by nearly one percent in a weak market, supported by a 62 percent on-year growth in net profit for the March quarter, with a range of brokerages raising price targets on the stock.

Top losers

IT Sector

IT stocks

The sector was one of the top laggards in today's session, with Tech Mahindra, Persistent Systems, HCL Tech, and Mphasis shares declining over 2% intraday. This comes amid concerns over a possible rise in US federal deficit.

Mankind Pharma

Mankind Pharma

Mankind Pharma shares fell by over 4% following its Q4 FY25 results. The pharma company posted a 10 per cent fall in consolidated net profit for Q4 FY25.

BSE

BSE

BSE shares dropped 5% intraday after reports surfaced that SEBI may approve Tuesday as the expiry day for NSE's derivatives contract.

ONGC

ONGC

ONGC shares dropped 3% with firm's Q4 net profit tumbled 20%. CLSA maintained a 'High Conviction Outperform' call for the stock, with a target price of Rs 360 per share.

Colgate Palmolive

Colgate Palmolive

Colgate Palmolive shares declined over 5% as soft urban demand dented March quarter results. Management attributed Q4 weak earnings to softening urban demand and heightened competition in the personal care and oral hygiene categories.

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