Market Wrap: Nifty and Sensex Close in Red as Energy Sector Leads Decline
The Nifty 50 and BSE Sensex ended in red, down 0.39% and 0.37% respectively. Energy sector led the decline with a 13.67% drop, while an unnamed sector topped gainers at 5.25%. Market breadth remained positive with 2,650 advancing stocks out of 4,567 traded. Hindustan Copper saw significant block trades, while companies like REC, ITC, and Nestlé India announced dividends and quarterly results.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets concluded today's trading session on a negative note, with both the Nifty 50 and BSE Sensex closing lower. The Nifty 50 ended at 25,318.55, down 100.35 points or 0.39% from its previous close. Similarly, the BSE Sensex closed at 82,257.08, registering a decline of 309.29 points or 0.37%.
Sectoral Performance
The day's trading saw significant divergence across sectors:
| Top Losing Sectors | Avg. % Change |
|---|---|
| Energy | -13.67 |
| Commercial Services | -10.08 |
| Logistics & Cargo | -8.20 |
| Realty | -7.79 |
| Financial Services | -7.12 |
| Top Performing Sectors | Avg. % Change |
|---|---|
| Unnamed Sector | 5.25 |
| Aerospace & Defense | 2.80 |
| Printing & Stationery | 2.48 |
| Diamond, Gems and Jewellery | 1.96 |
The energy sector faced the steepest decline, while an unnamed sector led the gainers.
Market Breadth
The overall market breadth leaned positive:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,567 |
| Positive | 2,650 |
| Negative | 1,917 |
Buzzing Stocks
Several stocks made headlines today:
Hindustan Copper Ltd
Witnessed significant block trades on NSE, with transactions worth ₹32.65 crores and ₹20.55 crores, indicating substantial institutional activity.
Rural Electrification Corporation (REC)
Announced a dividend of ₹4.60 per share and reported Q3 standalone net profit of ₹40.43 billion, showing marginal growth from the previous year.
ITC Limited
Appointed Mr. Navin Agarwal as Non-Executive Director representing SUUTI from April 1, 2026. The company also reported Q3FY26 revenue of ₹19,359.46 crores and declared an interim dividend of ₹6.50 per share.
CG Power and Industrial Solutions
Received stay orders on tax demands for AY 2020-21 and AY 2018-19, with instructions to pay 20% in instalments.
Brigade Enterprises
Reported Q3FY26 consolidated revenue of ₹1,57,511 lakhs and signed an agreement to acquire a 2.25-acre land parcel in Secunderabad.
One 97 Communications (Paytm)
Shareholders approved the appointment of Ms. Manisha Raj Raisinghani as Independent Director with 99.68% votes in favor.
SIS Limited
Reported record quarterly revenue of ₹4,185.2 cr in Q3 FY26, up 24.5% YoY, and declared an interim dividend of ₹7 per share.
Nestlé India
Achieved its highest quarterly turnover of ₹5,643.5 crore with 18.5% sales growth and declared a ₹7 interim dividend.
Conclusion
The Indian markets closed lower today, with the energy sector leading the decline. Despite the overall negative trend, the market breadth remained positive, with more stocks advancing than declining. Significant corporate actions and quarterly results continued to influence individual stock performances across various sectors.
15
