Top Gainers and Losers on October 16, 2026: Tech Mahindra and TCS Gain, While InterGlobe Aviation Drops Over 1%

On Friday, October 16, 2026, the NIFTY50 index opened at 23,065.10 and went on to register an intraday high of 23,149.85. The index saw buying support during the session, with an intraday low of 22,913.80 before closing at 23,146.15, up by 148.80 points or 0.65%. 

Advance Decline Ratio of NIFTY50 on October 16, 2026 

The advance-decline ratio for the NIFTY50 index leaned toward the bulls, with 26 constituents out of the 50 ending the session in the green, while 24 closed in negative territory and 0 remained unchanged. 

Here is the list of the top gainers and losers from the NIFTY50 index for October 16, 2026. 

Top Gainers on October 16, 2026 

Tech Mahindra Limited (TECHM) emerged as the top gainer on October 16, 2026, with its share price rising 8.48% to ₹1,790.00 per share on the NSE. The total traded volume on the NSE stood at 2,06,30,766 shares. 

Tata Consultancy Services Limited (TCS) ranked second among the top gainers, with its share price advancing 4.89% to ₹2,465.00 per share on the NSE. The total traded volume on the NSE stood at 1,20,42,765 shares. 

Infosys Limited (INFY) was the third top gainer, with its share price gaining 4.61% to ₹1,161.20 per share on the NSE. The total traded volume on the NSE stood at 2,49,43,318 shares. 

Top Losers on October 16, 2026 

InterGlobe Aviation Limited (INDIGO) ended lower by 1.91% at ₹4,686.90 per share on the NSE. The total traded volume on the NSE stood at 10,61,448 shares. 

BSE (BSE) share price declined 1.90% to ₹3,363.00 per share on the NSE. The total traded volume on the NSE stood at 46,11,141 shares. 

Max Healthcare Institute Limited (MAXHEALTH) shares fell 1.40% to ₹846.00 per share on the NSE. The total traded volume on the NSE stood at 39,96,744 shares. 

Read More: Tech Mahindra Share Price Gains Over 6% After Q2 FY27 Earnings Results: Total Income Up 15.2% YoY! 

Conclusion 

The NIFTY50 index closed higher by 0.65% at 23,146.15. The market breadth remained positive with a strong advance-decline setup as 26 index constituents closed up. TECHM, TCS, and INFY emerged as the top gainers, while INDIGO, BSE, and MAXHEALTH were among the top losers on October 16, 2026. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

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