Market Performance
Dalal Street had a rollercoaster day. After opening strong, the markets quickly lost steam, swinging between gains and losses as global uncertainty kept investors on edge. Despite the buzz around GST reforms, caution dominated the trading floor.
At the close:
- Sensex slipped 7.25 points (0.01%) to end at 80,710.76
- Nifty 50 managed a small gain of 6.70 points (0.03%), closing at 24,741.00
The market breadth showed a mixed picture:
- 1968 stocks advanced
- 1791 declined
- 128 remained unchanged
Sector Highlights
The final hour of trade brought some cheer to select sectors.
- Nifty Auto led the rally, up 1.2%, continuing its strong momentum.
- Nifty Metal rose 0.4% and Nifty Media gained 0.6%.
- Marginal gains were also seen in PSU Bank, Infra, Energy, and Pharma indices.
But not all sectors shared the positive mood:
- Nifty IT was the biggest drag, down 1.5%, as tariff-related concerns resurfaced.
- Nifty Realty slipped 1.2%.
- Nifty FMCG fell 1.3% after five straight sessions of gains, with profit booking hitting heavyweights.
Company & Market Details
The session highlighted the growing divergence across sectors:
- Auto stocks continued to outperform as demand sentiment held steady.
- FMCG stocks faced pressure as traders booked profits after recent strength.
- IT stocks fell sharply, reflecting concerns around possible trade restrictions from the US.
This push-and-pull between outperforming and lagging sectors kept the benchmark indices range-bound through the day.
Summary
In short, the trading day on Dalal Street was a tug-of-war between bulls and bears. The Sensex ended nearly flat, while the Nifty closed with a marginal gain. Strength in Auto, Metal, and Media was offset by weakness in IT, FMCG, and Realty.
The underlying tone remained cautious as investors weighed geopolitical concerns, valuation pressures, and tariff-related risks. For now, the market appears stuck in a tight band, with stock-specific moves driving action more than index-wide momentum.
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