Stock Market: Rs 13 lakh crore wiped off in a Day; but these 4 stocks rallied

Indian equity markets ended in the red after a volatile trading session on Monday, weighed down by weak global cues and ongoing concerns around corporate earnings. The BSE Sensex slipped 572 points to close at 80,891, while the Nifty 50 ended below a key support level at 24,650.

Despite the broader market weakness, select stocks like Aadhar Housing Finance, Cipla, Mphasis, and Shriram Finance stood out with sharp gains, driven by strong Q1 results and high trading activity.

1) Aadhar Housing Finance Hits Record High on Strong Q1

Aadhar Housing Finance surged 8 per cent intraday to a new 52-week high of Rs 538 on the BSE, after reporting robust Q1FY26 earnings. The stock has now rallied 21 per cent over the past month, significantly outperforming the Sensex, which declined 2.8 per cent during the same period.

By the close, Aadhar Housing was trading nearly 5 per cent higher at Rs 517.55, with average trading volumes surging nearly fivefold. Since its IPO debut on May 15, 2024, the stock has gained 71 per cent from its issue price of Rs 315.

2) Cipla Up 2% on Earnings Strength

Cipla shares climbed 2.09 per cent to Rs 1,564.60, bucking the market trend. The Nifty 50 constituent posted a net profit of Rs 1,292.05 crore for Q1FY26, up from Rs 1,225 crore in the March quarter. Revenue rose to Rs 6,957.47 crore, reflecting consistent business performance.

On an annual basis, Cipla's FY25 profit jumped to Rs 5,291.05 crore, up from Rs 4,155.31 crore, while EPS grew to Rs 65.29 from Rs 51.05. Its zero debt-equity ratio further boosted investor confidence.

3) Mphasis Rallies 3% on Strong Revenue Growth

Mphasis gained 3.01 per cent to close at Rs 2,704, supported by a spike in trading volumes. The IT services company reported Q1 revenue of Rs 3,732.49 crore, up from Rs 3,422.46 crore a year ago, and a net profit of Rs 441.70 crore, up from Rs 404.51 crore.

4) Shriram Finance Climbs Nearly 4% After Q1 Results

Shares of Shriram Finance rose close to 4 per cent, touching an intraday high of Rs 637.90 after posting better-than-expected Q1 results. The NBFC’s performance drew investor interest amid broader financial sector volatility.

Despite early recovery attempts, the Indian markets couldn't hold gains as profit booking and global risk-off sentiment dragged indices lower. Analysts warn of continued volatility in the short term and recommend selective buying based on earnings visibility.