Why These Stocks Are Rising and Falling Today: HEXT, COLPAL & CYIENT Gain; HFCL, ANANDRATHI, & ENRIN Decline

Indian equities opened higher on Friday, October 9, with the Nifty 50 gaining 0.62% to 22,370 around 9:29 AM, supported by a potential technical rebound from its 52-week low of 22,179 level after the recent decline. However Crude Oil prices remain above $100 per barrel.

The Nifty IT index rebounded on Friday, gaining around 2.9% in early trade, led by TCS after its quarterly results showed improvement in AI-related revenue and international business. The gains came despite concerns over the US suspension of selected IT companies from the PERM Green Card programme.

Foreign investors continued to pull money out of Indian equities, selling shares worth ₹12,943 crore on October 8. Domestic investors provided some relief by buying ₹10,703 crore worth of shares, helping limit the pressure on the market.

Amidst this backdrop, here are the top gainers and losers in the Nifty 500 index.

Top Gainers for October 9: HEXT, COLPAL, & CYIENT Gain Up to 9.78%

Hexaware Technologies Ltd Price Jumps 9.78%

Hexaware Technologies Ltd is among the top gainers in the Nifty 500 today and is trading at ₹561.40 at 9:29 am, gaining 9.78% from its previous close on NSE. The move comes after the company announced a multi-year partnership with Anthropic, becoming a preferred partner in its Claude Partner Network. The collaboration will bring Claude’s AI capabilities into Hexaware’s Zerovity and AgentVerse platforms, strengthening its push towards AI-led software development and automation.

Trading volumes stood at 86.6 lakh shares, compared with the 30-day average volume of 5.57 lakh shares.

Colgate-Palmolive (India) Ltd Share Price Rises Over 5.45%

Colgate-Palmolive (India) Ltd is witnessing strong buying interest, with the stock gaining 5.45% to ₹1,830 on Friday, October 9, at 9.29 am from its previous closing on NSE after coming under pressure in recent sessions and trading near 52-week low. The recent decline may have attracted buyers to take advantage of the recent decline.

Trading volumes stood at 10 lakh shares, compared with the 30-day average volume of 4.4 lakh shares.

Cyient Ltd Company gains 5.42%

At 9:30 am, the Cyient Ltd share price was trading at ₹1,143, up by 5.42% from its previous close on the NSE, supported by a broader recovery in IT stocks. The company recently launched a new Intelligent Engineering Solutions business unit and its CYiNGINE platform to expand its AI-led engineering capabilities.

Trading volumes stood at 12.9 lakh shares, compared with the 30-day average volume of 7.8 lakh  shares.

Top Losers for October 9: HFCL, ANANDRATHI, & ENRIN Fall Up to 3.49%

HFCL Ltd Share Price Falls 3.49%

At 9:39 am, the HFCL share price was trading at ₹229.29, down 3.49% from its previous close on the NSE. Shares of HFCL remained under pressure despite a recovery in the broader market. The stock has seen some profit-booking. While the company continues to expand its optical fibre and cable manufacturing capacity, investors appear cautious after the recent run-up. 

Trading volumes stood at 41.3 lakh shares, compared with the 30-day average volume of 87.7 lakh shares.

Anand Rathi Wealth Ltd Share Price Declines 3.02%

Anand Rathi Wealth Ltd. shares saw selling pressure on Friday, October 9 with the stock trading at ₹2074.20 around 9:29 am, dropping 3.02% during morning trade as investors await the company’s Q2 FY27 results and interim dividend announcement. Market participants will be watching the earnings update for signs of continued growth in its wealth management business.
Trading volumes stood at 3.39 lakh shares, compared with the 30-day average volume of 3.71 lakh shares.

Siemens Energy Ltd Share Price Drops 2.99%

Siemens Energy Ltd share faced selling pressure on Friday, October 9, and was trading at ₹3,085, down 2.99% from its previous close on the NSE, continuing the downtrend that began in September after the earlier rally lost momentum in August. Overall, the decline appears to reflect broader market concerns and profit-taking.

Trading volumes stood at 1.75 lakh shares, compared with the 30-day average volume of 2.61 lakh shares.