Indian benchmark indices ended the session mixed, with profit-booking seen in key IT and auto counters. Infosys, Bajaj Auto, and Tata Motors were among the top laggards on the Nifty 50 index.
The Nifty 50 closed marginally higher at 25,298.40, up 0.61%, while the Sensex gained 471 points to settle at 82,501.07, snapping a two-day losing streak. However, select heavyweight stocks came under pressure, limiting broader gains.
Infosys led the decline, slipping 1.04% to Rs 1,474.40, followed by Bajaj Auto, which dropped 0.96% to Rs 9,015, and Tata Motors, down 0.90% to Rs 391.90. Tech Mahindra, Tata Consumer, and Dr. Reddy’s Laboratories also witnessed mild losses in the range of 0.5–0.9%.
Despite the weakness in select sectors, overall market sentiment remained positive, supported by buying in financials, FMCG, and realty stocks. Analysts noted that IT shares were subdued ahead of key quarterly results, while auto majors faced pressure due to valuation concerns after recent rallies.
Among other laggards were Axis Bank, Max Healthcare, Maruti Suzuki, and Kotak Mahindra Bank, each easing less than 0.5%.
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