Top gainers and losers on December 8: IndiGo, Bharat Electronics, JSW Steel fall over 3.71%; check full list

The Indian equity benchmarks snapped their two-day winning streak and ended sharply lower on Monday, December 8, on the back of a broad-based selling pressure.

The SENSEX fell as much as 837 points and NIFTY50 index touched an intraday low of 25,892 dragged down by selling pressure in index heavyweights like Bharat Electronics, IndiGo, State Bank of India, Bharti Airtel, Bajaj Finance, Larsen & Toubro, Eternal and Kotak Mahindra Bank.

The SENSEX dropped 610 points to close at 85,103 and NIFTY50 index declined 226 points to close at 25,961.

NIFTY50 top gainers and losers

IndiGo was top loser in the NIFTY50 index, the stock fell 8.62% to close at ₹4,907 after crisis of flight cancellations at the India's biggest airline entered day 7. IndiGo cancelled 500 flights and plans to operate 1,802 services on Monday, the civil aviation ministry said.

The airline has delivered 4,500 bags to the passengers out of the total 9,000, and will deliver the remaining in next 36 hours, the ministry said in a statement.

“Today (Monday) IndiGo plans to operate 1,802 flights to 137 out of 138 destinations, with 500 cancellations. (Also) 4,500 bags were delivered to customers out of the total 9,000 bags. (the airline) targets to deliver balance bags in the next 36 hours,” the ministry said.

Bharat Electronics (-4.92%), JSW Steel (-3.71%), Nestle India (-2.56%) and Shriram Finance (-2.52%) were also among the top laggards in the NIFTY50 index.

On the flipside, Tech Mahindra (1.22%), Wipro (0.35%) and HCL Technologies (0.12%) were among the notable gainers in the NIFTY50 index.

NIFTY Midcap 100 gainers and losers

NIFTY Midcap 100 index plunged 1.8% or 1,106 points to 59,488. As many as 95 shares in the index ended lower while only five managed to close higher.

Bharat Dynamics was top loser in the NIFTY Midcap 100 index, the stock dropped 5.98% to close at ₹1,422, mirroring losses in other defence stocks.

HUDCO (-5.86%), GMR Airports (-4.99%), Godrej Properties (-4.99%) and Vodafone Idea (-4.81%) were also among the top losers in the NIFTY Midcap 100 index.

On the other hand, PB Fintech (0.98%), Max Financial Services (0.46%), Coromandel International (0.42%), MRF (0.23%) and Waaree Energies (0.13%) were among the notable gainer in the NIFTY Midcap 100 index.

NIFTY Smallcap 100 gainers and losers

NIFTY Smallcap 100 index nosedived 2.61% or 456 points to close at 17,052. As many as 95 stocks in the smallcap index ended lower while five shares ended higher.

Kaynes Technologies was top loser in the NIFTY Smallcap 100 index, the stock dropped 11.53% to close at ₹3,851. Aegis Vopak Terminals (-7.55%), Data Patterns (-6.37%), BLS (-5.94%) and Reliance Power (-5.92%) were also among the losers in the NIFTY Smallcap 100 index.

On the contrary, Star Health and Allied Insurance Company (0.73%), Aadhar Housing Finance (0.7%), Narayana Hrudayalaya (0.28%), Go Digit General Insurance (0.07%) and Shyam Metalics and Energy (0.01%) were notable gainers in the NIFTY Smallcap 100 index.