In a session marked by overall declines in the Indian stock market, with the Sensex down 1.92% at 74,559.24 and the Nifty 50 dropping 1.83% to 23,379.55, several stocks managed to buck the trend and post significant gains. Leading the charge were Oil India, Oil & Natural Gas Corporation (ONGC), and Biocon, showcasing resilience amidst broader market pressures.
Top performers today
Oil India emerged as the top gainer, with its stock price climbing 7.66% from its opening level to reach ₹490.95. The stock hit a high of ₹499.40 during the session, reflecting strong investor interest in the energy sector.
ONGC followed closely, with a 4.80% increase from its opening price, closing at ₹294.50. The stock’s high for the day was ₹299.90, indicating robust performance despite the market downturn.
Biocon also made notable gains, rising 3.07% from its opening price to settle at ₹402.45. The pharmaceutical sector, represented by Biocon, showed resilience with a session high of ₹406.60.
FirstCry, operating in the retail sector, saw its stock rise by 2.60% to ₹235.48, while Afcons Infrastructure, a key player in the infrastructure sector, increased by 2.59% to ₹335.10.
Sectoral patterns
The energy sector was a standout performer today, with both Oil India and ONGC leading the gains. This sector’s strength contrasts with the broader market’s decline, highlighting investor confidence in energy stocks.
Other sectors showing positive movements included pharmaceuticals, with Biocon’s gains, and retail, with FirstCry’s upward trajectory. Infrastructure also saw a positive note with Afcons Infrastructure’s performance.
| Stock | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Oil India | 472.00 | 499.40 | 471.65 | 490.95 | +7.66% |
| ONGC | 286.90 | 299.90 | 286.85 | 294.50 | +4.80% |
| Biocon | 392.90 | 406.60 | 392.25 | 402.45 | +3.07% |
| FirstCry | 229.00 | 238.47 | 223.12 | 235.48 | +2.60% |
| Afcons Infrastructure | 351.05 | 359.05 | 328.00 | 335.10 | +2.59% |
| Vedanta | 298.10 | 309.90 | 298.10 | 305.05 | +2.23% |
| Hindustan Zinc | 647.00 | 653.25 | 639.20 | 641.90 | +2.03% |
| Godrej Consumer Products | 1,011.10 | 1,045.90 | 1,005.30 | 1,030.20 | +1.91% |
| Hindalco Industries | 1,027.20 | 1,054.60 | 1,025.00 | 1,041.40 | +1.75% |
| Balrampur Chini Mills | 525.25 | 536.45 | 521.45 | 534.15 | +1.67% |
What this means for the market
The gains observed in select stocks, particularly in the energy and pharmaceutical sectors, suggest a targeted investor interest despite the broader market decline. As the session progresses, market participants will closely watch these sectors for sustained performance, potentially influencing broader market sentiment.
Data as on May 12, 2026, 03:35 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.