The benchmark Indian fairness indices ended Wednesday’s uneven session on a flat notice. The BSE Sensex settled at 57,939.18, down marginally through 28.21 points or 0.04 in line with cent from its previous year. The index recorded an intra-day high of 76,338.58, at the same time as the intra-day low changed into visible at 55,581.
Market Performance:
- BSE Sensex: Down through 28.21 factors (0.04%) at 75,939.18.
- NSE Nifty 50: Declined 12.40points (0.05%) to close at 22,932.Ninety.
- Nifty 50 traded in various 23,049.95 to 22,814.85 during the session.
Key Movers:
Top Losers:
Dr Reddy’s Labs, TCS, Infosys, Hindustan Unilever, and Adani Enterprises fell by using up to two.48%.
Top Gainers:
- Bharat Electronics, Hindalco, Eicher Motors, Larsen & Toubro, and Axis Bank received up to a few.54%.
Sectoral Performance:
- Gainers: The Nifty Smallcap100 index outperformed with a benefit of 2.36%, led by the aid of JBM Auto and Aegis Logistics. The Nifty Midcap100 index won 1.56%.
- Banking Stocks: Nifty Private Bank and PSU Bank indices ended better with the aid of over 1% every, at the same time as the Bank Nifty index won 0.98%.
- Other Gaining Sectors: Consumer durables, monetary offerings, steel, media, and realty indices saw profits of up to at least 1.67%.
- Underperformers: Nifty IT, Auto, Healthcare, Pharma, and FMCG indices ended in the red, with the Nifty IT index leading the losses, declining 1.30% because of weakness in Persistent Systems and Cofoge.
Market Outlook:
The market witnessed high volatility, with pick sectors outperforming at the same time as IT and pharma shares dragged the indices decrease. Investors hold to screen global economic cues, corporate income, and institutional funding trends.
Disclaimer: This inventory market replacement is for informational purposes and ought to no longer be considered economic advice. Investors are advised to behavior their studies or talk with a monetary expert before making any funding decisions