The Indian stock markets witnessed a sharp decline in today’s trading session, with the Nifty 50 index dropping to 25,402.20 points, nearly a 1.50% decrease, and the Sensex falling by 1250 points. The markets are predominantly in red, with most sectoral indices facing losses. BSE, Reliance Industries (RIL), and Angel One were among the most active stocks.
Nifty Performance Overview Except for the metals sector, all other indices are trading negatively. Both the BSE Midcap and Smallcap indices are also trading in the red. Among the top gainers in the Nifty were stocks such as JSW Steel, ONGC, Tata Steel, Grasim, and Bharat Electronics. On the flip side, stocks like Eicher Motors, BPCL, Asian Paints, Shriram Finance, and Tata Motors were among the major losers.
Top Gainers on Nifty 50 At the time of writing, JSW Steel and Hindalco were leading the Nifty 50 gainers list, with JSW Steel touching its 52-week high of ₹1060 before settling at ₹1,049. Hindalco also reached a 52-week high of ₹772.65, currently trading at ₹755.25. Britannia was another notable gainer, achieving a high of ₹6,469.90 before stabilizing at ₹6,383.45.
Sectoral Performance The market-wide decline saw most sectors in negative territory, with Nifty Realty being the worst performer. Here is a sector-wise snapshot of performance and key statistics:
| Index | CMP | Change (%) | YTD (%) | 1 Week (%) | 1 Month (%) | 1 Year (%) |
|---|---|---|---|---|---|---|
| NIFTY Auto | 26,540.60 | -2.00 | 42.55 | -3.48 | 1.94 | 65.98 |
| NIFTY IT | 41,776.65 | -1.55 | 17.63 | -0.91 | -2.51 | 31.72 |
| NIFTY Pharma | 23,228.90 | -0.29 | 38.01 | -0.09 | 0.93 | 52.01 |
| NIFTY FMCG | 64,425.00 | -1.60 | 13.05 | -2.62 | 1.48 | 25.53 |
| NIFTY PSU Bank | 6,741.60 | -0.31 | 18.00 | -0.93 | -3.65 | 25.23 |
| NIFTY Metal | 10,215.65 | -0.07 | 28.05 | 2.30 | 10.38 | 50.27 |
| NIFTY Realty | 1,063.90 | -3.00 | 35.87 | -5.96 | 1.77 | 83.97 |
| NIFTY Energy | 43,001.95 | -1.57 | 28.49 | -2.59 | -1.09 | 59.43 |
| NIFTY Infra | 9,403.85 | -1.58 | 28.76 | -2.68 | 0.34 | 50.86 |
| NIFTY Media | 2,155.10 | -0.81 | -9.76 | 0.33 | 4.39 | -5.93 |
Sectoral Outlook
- NIFTY Auto: Witnessed a decline of 2%, but the sector has seen significant growth year-to-date (YTD) with a 42.55% increase.
- NIFTY IT: Fell by 1.55%, maintaining a solid 17.63% growth YTD.
- NIFTY Realty: Registered a significant drop of 3%, making it the worst-performing sector of the day.
- NIFTY Metal: Was the least affected sector, with only a slight dip of 0.07%.
With market conditions remaining volatile, investors are closely monitoring any developments that could impact the stock movement further.
