Top gainers and losers on May 5: Adani Enterprises, Adani Ports rise over 6%, Kotak Bank falls 4.6%; check full list

The Indian equity benchmarks gained for second straight session on Monday, May 5, led by gains in index heavyweights like HDFC Bank, Mahindra & Mahindra, ITC, Adani Ports, Reliance Industries, Eternal and Bajaj Finserv amid stable cues from global markets. The SENSEX rose as much as 547 points and NIFTY50 index touched an intraday high of 24,526.40. However, owing to profit booking at higher levels benchmarks came off intraday highs. The SENSEX ended 295 points higher at 80,796.84 and NIFTY50 index advanced 114 points to close at 24,461.15.

NIFTY50 top gainers and losers

Adani Ports was top gainer in the NIFTY50 index, the stock rose 7.44% to close at ₹2,465 mirroring gains in other Adani group shares amid various business updates. Adani Enterprises (6.27%), Trent (4.51%), Shriram Finance (4.24%) and Bajaj Finserv (3.63%) were also among the gainers.

On the flipside, Kotak Mahindra Bank was top NIFTY50 loser, the stock fell 4.59% to close at ₹2,085 on the BSE after its January-March quarter earnings failed to enthuse investors. On the National Stock Exchange, Kotak Mahindra Bank shares fell as much as 5.25% to hit an intraday low of ₹2,070.30.

The Mumbai-based lender reported a net profit of ₹3,551.74 crore in January-March quarter on Saturday, May 3, marking a decline of 14% from ₹4,133.30 crore in the same period last year. The decline in profit came on the back of sharply higher provisions for bad loans.

Kotak Mahindra Bank's provisions surged more than three times to ₹909 crore as against ₹264 crore in the corresponding period last year.

JSW Steel (-1.85%), ONGC (-1.45%), State Bank of India (-1.18%) and Titan (-0.78%) were also among the losers.

NIFTY Midcap 100 gainers and losers

NIFTY Midcap 100 index surged 1.81% or 970.65 points to close at 54,675.75. As many as 86 shares in the index ended higher led by Adani Total Gas Ltd's 11.20% gain. The stock closed at ₹666.90 after its net sales rose 15% to ₹1,341.26 crore in March 2025 from ₹1,166.95 crore in March 2024.

However, its quarterly net profit declined 8% to ₹154.59 crore in the quarter under review from ₹167.96 crore in Q4 FY24.

Indraprastha Gas rose 6.93% after CNBC TV18 reported that IGL hiked CNG prices by ₹1 per kilogram in Delhi NCR region.

HPCL rose 6.87% mirroring gains in other fuel retailers after crude oil prices fell in domestic and international markets. WTI crude oil futures fell more than 3% to around $56.2 per barrel on Monday as OPEC+ agreed to ramp up production, fuelling fears about a global supply glut. OPEC+ will accelerate oil output hikes for a second consecutive month, raising output in June by 411,000 bpd.

Lower crude oil prices augur well for OMCs as it helps them improve their gross refining margins (GRMs).

Polycab (6.13%), Biocon (5.41%) and Waaree Energies (5.18%) were also among the gainers.

On the flipside, Godrej Properties was top loser in the NIFTY Midcap 100 index, the stock fell 1.52% to close at ₹2,215. Max Financial Services (-1.41%), Premiere Energies (-1.23%), Bharti Hexacom (-0.98%) and PI Industries (-0.83%) were also among the laggards.

NIFTY Smallcap 100 gainers and losers

NIFTY Smallcap 100 index rose 1% or 168 points to end at 16,609.90. As many as 72 shares in the NIFTY Smallcap 100 index ended higher while 28 closed lower. JBM Auto was top gainer in the NIFTY Smallcap 100 index, the stock rose 7.11% to close at ₹690 on the back of sharp jump in volumes. A total of 2.97 lakh shares changed hands on the BSE as against an average of 57,000 shares traded daily in the past two weeks.

Aarti Industries (5.87%), Great Eastern Shipping (5.72%), Godfrey Philips (55) and Tata Teleservices (Maharashtra) (4.01%) were also among the gainers.

On the other hand, KFIN Technologies (-3.49%), Nuvama (-3.07%), Atul (-2.01%), Tejas Networks (-1.70%) and Amber Enterprises (-1.56%) were also among the losers.