Sensex and Nifty News: Indian Stock Market Ends Flat Amid Mixed Sentiment

The Indian stock market finished largely unchanged on Tuesday, 30 December, as investors remained cautious ahead of the December quarter earnings season. The Sensex settled at 84,675.08, down 20 points (0.02%), while the Nifty 50 edged slightly lower to 25,938.85, losing just 3 points (0.01%).

Market activity remained stock-specific, with gains in select heavyweight shares offset by losses in others, keeping the indices largely range-bound.

Market Performance Today

The broader indices showed minimal movement:

• BSE Midcap Index slipped 0.05%
• BSE Smallcap Index dropped 0.20%

Despite the overall flat performance, sectoral trends and stock-level action kept market participants engaged. The rupee strengthened, providing some relief to traders, but mixed global cues and the lack of fresh domestic triggers limited market momentum.

Key Highlights from the Indian Stock Market

1. Why the Market Stayed Flat?

The Nifty 50 moved within a tight range, mirroring cautious investor sentiment on the monthly F&O expiry day.

• The Indian rupee strengthened by 19 paise, closing at ₹89.78 per US dollar.
• Investors selectively booked profits while awaiting the Q3 results season.
• Geopolitical developments, particularly India-US trade talks, influenced market sentiment.

Overall, while there were pockets of support, persistent foreign fund outflows kept indices from moving decisively.

2. Top Gainers in the Nifty 50

Some key stocks showed notable upside:

• Bajaj Auto – up 2.32%
• Hindalco Industries – up 2.12%
• Shriram Finance – up 2%

These stocks helped offset losses in other heavyweight shares, keeping the Nifty 50 largely flat.

3. Top Losers in the Nifty 50

On the downside, several stocks dragged the index lower:

• Eternal – down 2.21%
• Eicher Motors – down 1.92%
• Tata Consumer – down 1.79%

A total of 28 stocks in the index ended the day in negative territory.

4. Sectoral Movements

Sectoral indices painted a mixed picture:

• Gainers:
  • Nifty Metal – up 2%
  • Nifty PSU Bank – up 1.69%
  • Nifty Auto – up 1.08%
  • Nifty Bank – up 0.41%, closing at 59,171.25
• Laggards:
  • Nifty Realty – down 0.84%
  • Consumer Durables – down 0.81%
  • IT – down 0.74%

5. Most Active Counters by Volume

Trading activity was dominated by a few high-volume counters:

• Vodafone Idea – 67.4 crore shares
• YES Bank – 26.7 crore shares
• Tata Silver ETF – 22.9 crore shares

6. Notable Stock Surges on BSE

Some mid and small-cap stocks witnessed significant intraday gains:

• Orient Technologies, NRB Industrial Bearings, Orient Ceratech among 11 stocks that jumped more than 15%.

7. Advance-Decline Ratio

Out of 4,347 stocks traded on the BSE:

• 1,918 advanced
• 2,260 declined
• 169 remained unchanged

8. 52-Week Highs and Lows

• 52-week highs: 108 stocks, including Maruti Suzuki India, Canara Bank, and Shriram Finance.
• 52-week lows: 195 stocks, including ACC, BASF India, Colgate Palmolive (India), Dixon Technologies (India), Godrej Agrovet, Happiest Minds Technologies, Vedant Fashions, PCBL Chemical, Poly Medicure, and Whirlpool of India.

Summary

Tuesday’s session reflected a market waiting for fresh triggers. While the Sensex and Nifty remained flat, stock-specific movements and sectoral trends highlighted selective investor interest.

Key takeaways:

• Sensex and Nifty 50 remained largely range-bound.
• Rupee’s rise provided modest support.
• Top gainers and losers highlighted stock-specific trading activity.
• Sectoral performance remained mixed, reflecting cautious market sentiment.
• High-volume counters and 52-week highs/lows emphasized active stock-level action.

The domestic market continues to show selective buying amid cautious trading, setting the stage for the upcoming December quarter earnings season and monitoring of India-US trade developments.

Source: Livemint