| Index | Last closing price | Change of points | Percentage change (%) |
|---|---|---|---|
| Sensex | 80,425 | -12 | -0.01% |
| Skilled | 24,573 | +31 | +0.13% |
| Nifty Bank | 50,368 | -149 | -0.29% |
| Mid-Cap Index | 57,761 | +105 | +0.18% |
Sector performance varied throughout the day. Metal stocks experienced positive movement, driven by rising global commodity prices, with gains ranging between 2% and 4%.
On the other hand, the financial sector exerted downward pressure on the Nifty. Among the top losers were leading financial stocks such as Axis Bank, ICICI Bank and IndusInd Bank, contributing to the overall sector decline.
Individual stocks showed a mixed performance. Shriram Finance rose 3% after HSBC revised up its target price to ₹3,600 per share. Zomato saw profit-taking and closed 7% below its all-time highs.
Glenmark Pharma rose 4% after announcing strong first-quarter results, while Caplin Point rose 12% on positive regulatory news from Brazil. Voltas rose 5% on strong first-quarter results and favorable analyst reports. Ola Electric nearly doubled its IPO price and ended the day up 10%.
In contrast, IndiGo fell 2% as 0.5% of its equity changed hands. Mishra Dhatu Nigam gained 3% after receiving an order of Rs 285 crore.
Market breadth was favorable for advancing stocks, with an advance-to-decline ratio of 3:1, indicating overall positive market sentiment.
Despite range-bound movements, sector-specific developments and individual stock returns led to a mixed but stable overall market performance.
Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.