Indian equity markets witnessed a strong rally on 8th April 2026, driven by positive global cues including easing geopolitical tensions and a softer crude oil environment. Nifty surged sharply higher, crossing the 23,900–24,000 zone intraday, while Nifty Midcap 100 and Nifty Smallcap 100 also participated in the gains. India VIX declined, reflecting reduced fear in the market.
Despite the overall bullish momentum, a handful of Nifty constituents closed in the red. The Nifty T20 losers list was led by COALINDIA, TECHM, and WIPRO, which bucked the broader positive trend amid sector-specific selling.
Key Highlights
- COALINDIA emerged as the top loser in the Nifty pack, declining 2.93% to close at ₹449.45 on massive volume of over 1.76 crore shares and turnover of ₹7,946 crore.
- TECHM slipped 1.66% to ₹1,448.9 with turnover of ₹3,121 crore.
- WIPRO fell 0.78% to ₹203.12 on very high volume of over 1.74 crore shares.
- Other notable laggards included NESTLEIND (-0.74%), DRREDDY (-0.56%), and HINDALCO (-0.31%).
Nifty T20 Losers on 8th April 2026
| Symbol | LTP | % Chng | Value (₹ Cr) |
|---|---|---|---|
| COALINDIA | 449.45 | -2.93 | 7946.24 |
| TECHM | 1448.9 | -1.66 | 3121.50 |
| WIPRO | 203.12 | -0.78 | 3570.64 |
| NESTLEIND | 1213.8 | -0.74 | 1578.24 |
| DRREDDY | 1189.4 | -0.56 | 1503.75 |
| HINDALCO | 951.5 | -0.31 | 6870.85 |
| SUNPHARMA | 1713.9 | -0.24 | 6851.98 |
| ONGC | 286.1 | -0.19 | 10864.93 |
| POWERGRID | 295 | -0.14 | 2610.10 |
The broader market strength overshadowed these isolated declines, with most sectors participating in the rally.
