|Index||Points Change||Percentage Change|
|BSE Sensex||-157 points||-0.23%|
The BSE Sensex, India’s benchmark stock index, encountered a slight dip of 157 points, settling at 67,063 points. Similarly, the Nifty50 index also experienced a minor retreat of 26 points, closing at 19,966 points. These losses were in line with the prevailing negative sentiment across global markets.
Winners and Losers
Among the prominent losers during the morning trading session were HCL Tech, TCS, HDFC Life, Asian Paints, Wipro, HDFC Bank, ICICI Bank, and Adani Ports. These stocks bore the brunt of the market’s soft opening.
On the flip side, Power Grid, Dr. Reddy’s, Sun Pharma, BPCL, ONGC, Mahindra & Mahindra (MandM), and Tata Motors emerged as the top gainers during this session. They provided a glimmer of hope with their positive performance.
The broader markets displayed mixed trends, with the BSE MidCap index holding steady and the SmallCap index showing resilience by rising 0.8%. This small rebound came after the SmallCap index suffered a 4% decline the previous day, signaling a potential recovery in the broader market sentiment.
As investors monitor the unfolding economic developments, including the US inflation figures, market dynamics are expected to remain fluid throughout the day.
Stay tuned for more updates on market trends and breaking news.