In the morning session, the Indian stock market displayed mixed sentiments as the SENSEX dipped to 74,789.97, marking a 0.60% decline, while the NIFTY 50 fell by 0.62% to 23,496.40. Despite the overall downtrend, Gland Pharma, Shipping Corporation Of India, and Carborundum Universal emerged as the top gainers, showcasing significant upward movements.
Top performers today
Gland Pharma led the gainers with a remarkable rise of 13.85%, trading at ₹2,127.00. The pharmaceutical sector saw Gland Pharma reach a high of ₹2,164.40, indicating strong investor interest. Shipping Corporation Of India followed with a 5.16% increase, reaching ₹348.50, as it navigated through a high of ₹351.70, reflecting positive momentum in the shipping sector.
Carborundum Universal, a key player in the industrial sector, recorded a gain of 3.32%, trading at ₹1,139.00. Tech Mahindra, from the IT sector, also showed strength with a 3.25% increase, reaching ₹1,415.10. Oracle Financial Services Software, another IT giant, climbed 3.06% to ₹9,290.50, contributing to the sector’s resilience.
Sectoral patterns
The IT sector demonstrated notable gains with Tech Mahindra and Oracle Financial Services Software leading the charge. Additionally, Coforge added to the sector’s positive outlook with a 3.03% rise to ₹1,321.00. In the pharmaceutical sector, IPCA Laboratories increased by 2.64% to ₹1,647.40, further highlighting the sector’s strength.
Hindustan Copper, part of the metals sector, rose by 2.54% to ₹584.75, while Persistent Systems, another IT firm, gained 2.49% to ₹4,819.00. Torrent Power, representing the energy sector, climbed 2.45% to ₹1,501.90, rounding out the top gainers.
| Stock | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Gland Pharma | 2,122.00 | 2,164.40 | 2,034.00 | 2,127.00 | +13.85% |
| Shipping Corporation Of India | 329.90 | 351.70 | 325.25 | 348.50 | +5.16% |
| Carborundum Universal | 1,101.00 | 1,166.40 | 1,090.00 | 1,139.00 | +3.32% |
| Tech Mahindra | 1,363.70 | 1,415.90 | 1,363.70 | 1,415.10 | +3.25% |
| Oracle Financial Services Software | 9,015.00 | 9,316.00 | 8,949.50 | 9,290.50 | +3.06% |
| Coforge | 1,282.10 | 1,319.40 | 1,274.60 | 1,321.00 | +3.03% |
| IPCA Laboratories | 1,585.00 | 1,652.90 | 1,585.00 | 1,647.40 | +2.64% |
| Hindustan Copper | 580.00 | 591.90 | 574.45 | 584.75 | +2.54% |
| Persistent Systems | 4,678.60 | 4,819.00 | 4,665.00 | 4,819.00 | +2.49% |
| Torrent Power | 1,454.00 | 1,506.40 | 1,434.10 | 1,501.90 | +2.45% |
What this means for the market
Despite the overall decline in major indices, the performance of top gainers highlights pockets of strength within the market. The pharmaceutical and IT sectors, in particular, have shown resilience, suggesting potential areas of focus for investors. As the session progresses, market participants will be keenly observing these sectors for further developments.
Data as on May 18, 2026, 11:30 AM 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.