Top gainers and losers today: Stocks that moved the most on May 9

Top gainers and losers today: Stocks that moved the most on May 9

Benchmark indices ended weak, with Sensex and Nifty 50 down nearly a percent, and broader market indices recouped losses to end off lows but flat on May 9, as border tensions continued to weigh on sentiment.

The Sensex was down 880.34 points or 1.10 percent at 79,454.47, and Nifty was down 265.80 points or 1.10 percent at 24,008.00. As many as 1336 shares advanced, 2372 shares declined, and 148 shares unchanged.

In terms of broader markets, BSE Midcap index ended flat, while smallcap index was down 0.3 percent. On the sectoral front, the Realty index shed 2.3 percent, private bank index was down 1.3 percent, while media, consumer durables, capital goods, PSU Bank indices rose between 0.9-1.6 percent.

In the derivatives segment, 69 stocks saw gains while 152 declined.

Top Gainers

1. PSU Banks

PSU bank stocks defied the broader market trend, with shares of the Union Bank of India surging 7 percent and Canara Bank gaining over 2 percent following strong Q4 results. The Nifty PSU Bank index rebounded, climbing 3 percent from its intraday low.

2. Bharat Forge

Bharat Forge shares jumped 4 percent, supported by the upbeat Q4FY25 performance, with India-Pakistan tensions supporting defence stocks. Chairman and Managing Director BN Kalyani told CNBC-TV18 that the government has summoned key defence equipment manufacturers to Delhi for consultations.

3. YES Bank

YES Bank shares surged 8 percent to their three-month high as the SBI board met to approve the stake sale to Japan's Sumitomo Mitsui Banking Corp. The Japanese financial conglomerate, which initiated talks in 2024, had re-entered the fray to acquire a controlling stake in the bank.

4. Bharat Electronics

Bharat Electronics shares climbed over 3 percent on heavy trading volume, driven by investor interest amid escalating Indo-Pak tensions. The bullish outlook on defence stocks contributed to the strong upward momentum.

5. Lupin

Lupin shares gained following the approval of Raltegravir tablets by the FDA. As the exclusive first-to-file for this product, Lupin is eligible for 180 days of generic drug exclusivity, which boosted investor sentiment.

Top Losers

6. Swiggy

Swiggy shares fell over 1.5 percent apiece, ahead of the company’s earnings for January–March quarter. Investor caution likely weighed on the stock as markets, as the e-commerce and food delivery player posted a wider loss during Q4FY25.

7. Eternal

Shares of Eternal, parent company of Zomato, dropped nearly 1.8 percent to extend losses after the company reported a 78 percent year-on-year decline in net profit to Rs 39 crore for the quarter ended in March. The company, which operates food delivery platform Zomato and quick commerce service Blinkit, faced investor pressure following the weak earnings.

8.Shyam

Shyam Metalics' shares fell by 3 percent despite reporting a 14.78 percent year-on-year increase in consolidated net sales, reaching Rs 4,139.36 crore for March 2025. The decline in stock price came amid mixed market sentiment following the results.

9. Airline, Tourism and Hotel

Airline, tourism, and hotel stocks dropped by up to 7 percent as escalating India-Pakistan tensions raised concerns over potential cancellations and reduced demand in the travel sector. The heightened Indo-Pak uncertainty is likely to put continued pressure and cause volatility for travel and tourism stocks.

10. Capital Markets

Capital market stocks recorded significant losses, as escalating tensions between India and Pakistan triggered nervousness among investors over potential market volatility. MCX shares tumbled over 6 percent, while CAMS, CDSL, and Bombay Stock Exchange (BSE) shares each fell more than 2 percent.