Markets end flat after rangebound session: Nifty manages to close above 24,800 – 4 key highlights

It was a quiet yet resilient day on Dalal Street as benchmark indices ended the session on a flat note with a slight upward tilt. The Sensex settled at 81,465.28, up 0.16%, while the Nifty wrapped up the day at 24,855.05, also gaining 0.18%.

Meanwhile, the Nifty Bank ended the day at 56,150, down 0.13%.

“Markets traded in a tight range and ended marginally higher amid mixed cues. After a flat start, the Nifty oscillated within a narrow band throughout the session and finally settled at 24,855.05. Sentiment remained subdued due to lingering uncertainty over the trade deal, following the latest statement from the US President about potential tariffs on India, amid delays in finalizing the agreement ahead of the August 1 deadline. Additionally, caution prevailed ahead of the outcome of the FOMC meeting — while no rate change is expected, the Fed’s commentary will be closely watched,” said Ajit Mishra – SVP, Research, Religare Broking.

Let’s take a look at the key highlights of today’s trading session –

Top gainers in today’s trade

Engineering major L&T stole the show among Sensex constituents, rallying nearly 5%. Other notable gainers included Sun Pharma, Maruti, NTPC, and Trent, each rising between 1–2%.

ALSO READStocks making the biggest moves midday: L&T, Tata Motors and more Key laggards in today’s trade

On the flip side, Tata Motors came under pressure, falling close to 3% following reports of a potential multi-billion-dollar acquisition deal in Europe. Other major drags on the index included PowerGrid, Bajaj Finserv, Hindustan Unilever, and Kotak Bank.

Top sectors in Thursday’s trade

The Retail sector led the way with a sharp 3.6% increase in market capitalisation. Rubber stocks also gained 2.52%, followed by Fertilisers at 2.19% and Electric Equipment with a 2.04% rise.

ALSO READNuvama cuts price target for Varun Beverages: 3 critical risks for PepsiCo’s key bottler Best and worst performing business groups

Among corporate groups, Nagarjuna Group saw the biggest jump, with its market cap rising 4.66%. L&T Group also drew strong buying interest, gaining 3.38%, followed by CK Birla Group and Jaipuria Group, which posted gains of 2.57% and 2.49% respectively.

However, it was not all green. Pennar Group suffered the steepest fall with a 7.37% drop in market value,

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