NewsMarketsMarket Wrap: Nifty and Sensex Close Marginally Lower Amid Mixed Sectoral PerformanceMarket Wrap: Nifty and Sensex Close Marginally Lower Amid Mixed Sectoral Performance
By ScanX News Team
The NSE Nifty 50 and BSE Sensex ended Tuesday's session with slight losses, closing at 25,060.90 (-0.12%) and 82,186.81 (-0.02%) respectively. Diversified and Capital Markets sectors outperformed, while Diamond, Gems and Jewellery struggled. Lords Chloro Alkali surged 20% on strong results, while Kirloskar Pneumatic Company fell 13.72% despite profit growth. Market breadth was negative with 2,438 decliners versus 1,949 advancers out of 4,387 traded scrips.
*this image is generated using AI for illustrative purposes only.
Introduction
The Indian stock market concluded Tuesday's trading session on a slightly negative note, with both the NSE Nifty 50 and BSE Sensex registering marginal losses. The day saw mixed performance across sectors, with some notable movements in individual stocks.
Market Overview
The NSE Nifty 50 closed at 25,060.90, down 29.80 points or 0.12% from the previous close of 25,090.70. Similarly, the BSE Sensex ended the day at 82,186.81, shedding 13.53 points or 0.02% from its previous close of 82,200.34.
Sectoral Performance
Top Performing Sectors
- Diversified (Avg. Per Change: +1.00%)
- Capital Markets (Avg. Per Change: +0.93%)
- Aerospace & Defense (Avg. Per Change: +0.85%)
- Utilities (Avg. Per Change: +0.73%)
- Beverages (Avg. Per Change: +0.58%)
Underperforming Sectors
- Diamond, Gems and Jewellery (Avg. Per Change: -2.48%)
- Cables (Avg. Per Change: -1.02%)
Buzzing Stocks
Several stocks made headlines during the trading session:
Lords Chloro Alkali surged 20.00% to ₹228.57 following robust quarterly results. The company's net profit soared to ₹104.5 million from ₹20 million year-over-year, with revenue growing significantly to ₹1 billion.
AGI Greenpac jumped 14.08% to ₹966 after announcing plans to invest ₹10 billion in aluminum can production in Uttar Pradesh. The company also reported strong Q1 results with consolidated revenue of ₹687.66 crore.
Kirloskar Pneumatic Company plummeted 13.72% to ₹1,280 despite reporting an increase in net profit for Q1. The company's revenue slightly declined to ₹2.72 billion from ₹2.75 billion year-over-year.
Blue Jet Healthcare fell 10.00% to ₹906.15 following mixed quarterly results. While revenue and profit showed significant year-over-year growth, there was a sequential decline in EBITDA and margin.
GoodLuck India declined 8.34% to ₹1,071.2 despite reporting improved Q1 results, with revenue increasing to ₹9.83 billion and EBITDA margin expanding to 9.7%.
Market Breadth
The overall market breadth was negative, with decliners outnumbering advancers:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,387 |
| Positive | 1,949 |
| Negative | 2,438 |
Conclusion
Tuesday's trading session ended with slight losses for major indices, reflecting a cautious market sentiment. While sectors like Diversified and Capital Markets showed strength, Diamond, Gems and Jewellery faced significant pressure. The mixed performance across stocks and sectors indicates a selective approach by investors in the current market environment.
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