Indian benchmark indices traded largely flat in midday deals on April 6, but several heavyweight stocks in the Nifty 50 index slipped into the red. As of 12:26 PM (IST), the Nifty 50 hovered near 22,701, reflecting marginal weakness, while selling pressure was visible across select sectors.
Among the top laggards, Reliance Industries emerged as the biggest loser, declining 4.3% to ₹1,292.60. The stock saw notable weakness compared to other index constituents.
Shares of Oil and Natural Gas Corporation fell 2.0% to ₹281.60, while JSW Steel dropped 1.8% to ₹1,121.20 amid broader pressure in metal stocks.
In the aviation space, InterGlobe Aviation declined 1.4% to ₹4,134.40. Healthcare stocks also saw mild selling, with Max Healthcare Institute down 1.2% at ₹933.10 and Dr. Reddy’s Laboratories slipping 1.2% to ₹1,202.60.
Meanwhile, Adani Ports and Special Economic Zone fell 1.0% to ₹1,363.90. FMCG major Hindustan Unilever declined 0.9% to ₹2,046.40.
Auto and banking stocks also featured among the losers. Eicher Motors dropped 0.9% to ₹6,593.00, while Kotak Mahindra Bank edged lower by 0.8% to ₹355.00.
Overall, the market breadth remained mixed, with declines in heavyweight stocks capping index gains despite limited movement in headline indices.