Last Updated:
Indian equity benchmarks closed marginally lower. BSE Sensex fell 0.13%, Nifty 50 dropped 0.13%. IT stocks gained, while realty, metal, and healthcare shares declined.
Stock Market Closing Bell
Indian equity benchmarks ended marginally lower on Monday as gains in information technology (IT) stocks were offset by weakness in realty, metal and healthcare shares.
The BSE Sensex closed at 78,180.72, down 104.35 points or 0.13%, after touching an intraday high of 78,664.92 and a low of 78,031.04. The NSE Nifty 50 settled at 24,398.70, down 31.65 points or 0.13%. During the session, the index traded between 24,530.90 and 24,348.95.
IT Stocks Outperform
The IT sector emerged as the day’s biggest winner, with the Nifty IT index jumping 2.43%. Among Sensex constituents, HCLTech led the gains with a rise of 3.08%, followed by Tech Mahindra (+2.81%), Infosys (+2.81%), Titan (+2.62%), Eternal (+2.12%) and TCS (+1.86%). Buying in technology stocks helped limit losses in the broader market.
Realty, Metal Shares Under Pressure
Selling pressure was visible across several sectors, with the Nifty Realty index declining 1.58%, followed by Nifty Metal (-1.10%), Nifty Chemicals (-0.91%), Nifty Healthcare (-0.83%) and Nifty Pharma (-0.73%).
Among the Sensex laggards, Trent fell 2.14%, while Adani Ports lost 1.59%, BEL declined 1.54%, Larsen & Toubro slipped 1.19% and Reliance Industries ended 1.12% lower.
Broader Markets Also End in Red
The broader market also closed lower, with the Nifty 100 declining 0.22%, Nifty 200 falling 0.23%, Nifty 500 shedding 0.28%, Nifty Midcap 100 losing 0.30% and Nifty Smallcap 100 dropping 0.55%.
Meanwhile, the India VIX, often referred to as the market’s fear gauge, eased 1.43% to 11.65, indicating relatively subdued volatility expectations despite the decline in benchmark indices. Investors are expected to monitor global cues, corporate earnings and foreign fund flows for further direction in the coming sessions.
About the Author
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the I…Read More
Read More
Source link
[ad_3]
