Market Performance
Friday’s session began on a cautious note, but the mood on Dalal Street quietly shifted as the day progressed. After slipping sharply in early trade, benchmarks found steady support at lower levels.
The Sensex recovered nearly 400 points from the day’s low, while the Nifty climbed back above the 25,600 mark, signalling that investors stepped in once prices turned attractive.
By midday:
- Sensex stood at 83,374.56, up 60.63 points or 0.07%
- Nifty 50 traded at 25,634.55, down 8.25 points or 0.03%
The early weakness faded, replaced by selective buying in heavyweight stocks, helping indices trim most of their losses.
Main News: Why Sensex and Nifty Recovered Today?
The rebound wasn’t sudden or aggressive. It built gradually as multiple small positives came together and cooled early panic.
Policy Stability Lifts Sentiment
Market sentiment improved after the Reserve Bank of India kept the repo rate unchanged at 5.25%, maintaining a neutral stance in its final bi-monthly policy review of the financial year.
This was also the first RBI policy after the Union Budget 2026–27, and the status quo helped reassure investors about policy continuity and economic stability. With no surprise moves on rates, equities found room to stabilise.
Buying Emerges After Early Fall
Selling pressure eased as markets digested Thursday’s sharp decline:
- Sensex had fallen 503.76 points (0.6%) to close at 83,313.93
- Nifty dropped 133.20 points (0.52%) to 25,642.80
After this correction, buyers returned selectively, particularly in beaten-down large-cap names. This helped both Sensex and Nifty News turn more balanced as the session progressed.
Volatility Cools Down
The fear gauge eased, reflecting calmer near-term expectations:
- India VIX fell 1.62% to 11.97
Lower volatility usually signals reduced uncertainty. This cooling effect supported intraday stability and limited further downside pressure.
Rupee Adds Support
The currency market also offered mild comfort.
- The rupee strengthened by 11 paise to 90.23 against the US dollar
- It opened at 90.28 and improved from the previous close of 90.34
A firmer rupee often helps sentiment in equities, especially during uncertain sessions like this one.
Company-Level Action
Movement within the Nifty 50 was mixed, reflecting selective participation rather than broad-based buying.
Top gainers included:
- ITC
- Kotak Mahindra Bank
- Bharti Airtel
(Some stocks rose up to 5%)
Key laggards were:
- Tata Consultancy Services
- SBI Life Insurance
(Declines went up to 2%)
Market breadth remained tilted towards the negative side:
- 1,398 shares advanced
- 2,192 shares declined
- 165 shares remained unchanged
This uneven breadth shows that while benchmarks recovered, broader participation stayed cautious.
Summary: What Today’s Sensex and Nifty News Signals?
Friday’s trade was less about momentum and more about balance. The recovery in Sensex and Nifty came from steady buying, not aggressive risk-taking.
Policy stability, easing volatility, and a firm rupee helped markets regain confidence after early losses. However, mixed breadth suggests investors are still selective and measured.
As markets head into the next session, today’s action highlights one clear takeaway: losses are being defended, but conviction remains cautious—a sign of consolidation rather than outright bullishness.
Source: Moneycontrol
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