Benchmark indices ended Monday’s session in the red. The Sensex closed at 82,252.55, slipping 247.92 points or 0.30%, while the Nifty settled at 25,082.30, down by 67.55 points or 0.27%. The Nifty Bank ended at 56,765.35, a decline of 0.02%.
“Markets started the week on a volatile note and extended their recent decline, ending nearly half a percent lower. After an initial dip, the Nifty attempted to stabilize in early trade, but sustained pressure from heavyweight stocks dragged the index down as the session progressed. A rebound after retesting the 25,000 mark helped trim some of the losses, and the index eventually settled at 25,082 level, down 0.27%,” said Ajit Mishra – SVP, Research, Religare Broking.
Lets take a look at the 4 key highlights of today trading session –
Top gainers
Amid the overall decline, a few frontline stocks stood out. Shares of Eicher Motors, Titan, ITC, M&M, and Sun Pharma were among the notable gainers in the Sensex pack.
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On the losing side, pressure was evident in the technology and financial space. Stocks such as Tech Mahindra, Asian Paints, Bajaj Finance, Infosys, TCS, and L&T emerged as top laggards.
Index performance
Among BSE indices, the Realty Index led the pack with a gain of 1.44%. The BSE IPO Index rose 1.35%. Meanwhile, the BSE Healthcare Index climbed 1.16% on positive cues around hospital and pharma stocks. Broader market sentiment also remained upbeat, with the BSE 250 SmallCap Index gaining 0.90%, and the BSE Momentum Index up 0.64%.
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Among sectors, Non-Alcoholic Beverages saw the strongest action, with a 1.84% rise in market capitalisation. This was followed by Fertilisers, which gained 1.51%. Cables and Auto Ancillaries also saw decent traction, gaining 1.27% and 1.25%, respectively.
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