Market Wrap: Nifty and Sensex Close in Green, Trading Sector Shines
Indian stock market ended positively with Nifty 50 at 24,773.15 (+0.13%) and BSE Sensex at 80,787.30 (+0.09%). Trading sector led gains (+3.30%), while Castings, Forgings & Fasteners declined (-3.11%). Hyundai and Tata Motors announced price cuts post-GST reduction. HFCL secured export orders and proposed a defense facility. Samvardhana Motherson unveiled Vision 2030, and SpiceJet met financial obligations. Market breadth was positive with 2,450 advancing stocks out of 4,624 traded.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock market concluded on a positive note, with both benchmark indices, Nifty 50 and BSE Sensex, closing in the green. The Nifty 50 ended the day at 24,773.15, up 32.15 points or 0.13% from its previous close. Similarly, the BSE Sensex closed at 80,787.30, registering a gain of 76.54 points or 0.09%.
Sectoral Performance
Top Performing Sectors
- Trading (Avg. Per Change: +3.30%)
- Diamond, Gems and Jewellery (Avg. Per Change: +2.45%)
Underperforming Sectors
- Castings, Forgings & Fasteners (Avg. Per Change: -3.11%)
- Printing & Stationery (Avg. Per Change: -2.00%)
- Cables (Avg. Per Change: -1.45%)
- Transport Services (Avg. Per Change: -0.90%)
- Engineering Services (Avg. Per Change: -0.62%)
Buzzing Stocks
Several stocks made headlines during the trading session:
Hyundai Motor India and Tata Motors: Both companies announced significant price reductions across their vehicle portfolios following recent GST rate cuts. Hyundai reduced prices by up to Rs 2.4 lakh, while Tata Motors announced cuts of up to Rs 4.65 lakh for its commercial vehicle range.
HFCL: The company secured export orders worth approximately USD 40.65 million (INR 358.38 crore) for supplying optical fiber cables. Additionally, HFCL proposed building a defense manufacturing facility in Madakasira, with the Andhra Pradesh State Government allocating 1000 acres of land for the project.
Samvardhana Motherson International: The company unveiled its Vision 2030 plan, targeting gross revenue of $108 billion by FY30. The stock jumped over 4% intraday following the announcement.
Sunteck Realty: The company allocated 17.6 lakh convertible warrants to investor Mukul Agrawal at a price of ₹425 per warrant.
SpiceJet: The airline completed a $24 million payment to Credit Suisse for Q3 2025, fulfilling its financial obligations and strengthening its turnaround journey.
Market Breadth
The overall market breadth was positive, with more advancing stocks than declining ones:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,624 |
| Positive | 2,450 |
| Negative | 2,174 |
Conclusion
The Indian stock market ended the day on a positive note, with both Nifty and Sensex closing higher. The Trading sector emerged as the top performer, while Castings, Forgings & Fasteners sector faced the most significant decline. Notable corporate announcements, particularly in the automotive and telecom sectors, influenced individual stock movements throughout the session.
17
