HCL Technologies, Tata Elxsi, Infosys, Bajaj Auto, Nykaa, and PTC Industries were among the top losers on April 22, reflecting broad-based profit-booking and sector-specific concerns. The underperformance was driven by a combination of elevated valuations in the IT and consumer discretionary segments, along with a slight risk-off shift in investor sentiment amid rising U.S. Treasury yields and stronger dollar pressures affecting foreign inflows. Mid- and large-cap stocks with recent strong runs, particularly in tech and auto, saw the most pronounced corrections due to sensitivity to rate differentials and institutional profit-taking. The selloff in Nykaa also highlighted ongoing scrutiny of high-valuation consumer startups amid tightening liquidity conditions. Traders will watch FII activity and the upcoming Q4 earnings revisions from Infosys and HCL Tech for cues on whether the correction marks a temporary pause or a broader de-rating.
Top Gainers & Losers on April 22: HCL Tech, Tata Elxsi, Infosys, Bajaj Auto, Nykaa, PTC Industries among top losers
Why this matters for traders
HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.
How active traders react to headlines like this
Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.
Track this story live on TNT
Curated set of live tools relevant to this headline. Updated continuously from primary sources.
Trade the news at institutional speed
Most retail traders see news 5–15 minutes after the wire. Pro subscribers get sub-second alerts on the events that move markets — EIA crude inventory, FOMC, ECB, Copom, OPEC and CME futures rolls.