Market Wrap: Nifty and Sensex End Flat Amid Mixed Sectoral Performance
Indian stock markets closed flat on Thursday, with Nifty 50 down 0.01% and Sensex up 0.02%. Trading and Printing sectors led gains, while Aviation and Engineering Services faced pressure. Notable stocks included Zydus Lifesciences, Crompton Greaves, and Birlasoft. Market breadth was negative with 2,559 declining stocks out of 4,371 traded.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets concluded Thursday's trading session on a flat note, with the NSE Nifty 50 and BSE Sensex showing minimal changes. As of the closing bell, the Nifty 50 settled at 24,619.35, down marginally by 2.80 points or 0.01%. The BSE Sensex, on the other hand, closed slightly higher at 80,539.91, up by 16.01 points or 0.02%.
Sectoral Performance
The day saw a mixed bag of sectoral performances, with some sectors gaining ground while others faced pressure.
Top Performing Sectors:
- Trading (Avg. Per Change: +0.89%)
- Printing & Stationery (Avg. Per Change: +0.78%)
- Castings, Forgings & Fasteners (Avg. Per Change: +0.29%)
Top Losing Sectors:
- Aviation (Avg. Per Change: -3.45%)
- Engineering Services (Avg. Per Change: -2.86%)
- Diamond, Gems and Jewellery (Avg. Per Change: -2.48%)
- Logistics & Cargo (Avg. Per Change: -2.26%)
Buzzing Stocks
Several stocks made headlines during the trading session:
Zydus Lifesciences: Completed a USFDA surveillance inspection at its Baddi plant with 4 observations, and a separate USFDA inspection at its Ahmedabad plant concluded with no issues.
Crompton Greaves Consumer Electricals: Seeking shareholder approval to expand into new electrical and electronic products, and renewable energy sources. Received a Letter of Award for installing solar water pumping systems in Madhya Pradesh.
Birlasoft: Reported quarterly revenue of $150.7 million with an EBITDA margin of 12.4%. Secured $141 million in new deals but anticipates challenging market conditions ahead.
Lloyds Enterprises: Reported strong growth in consolidated income and declared an interim dividend. Made strategic investments and approved a rights issue.
Marksans Pharma: Management indicated they might fall short of their FY26 revenue target but maintained a strong US order book.
Medi Assist Healthcare: Saw significant stake increases by Wasatch Advisors LP and Aditya Birla Sun Life Mutual Fund.
Brigade Enterprises: Reported 20% year-on-year revenue growth and 95% PAT growth for Q1 FY26. Fully utilized its QIP proceeds.
Shilpa Medicare: Announced global approval for its drug Norduca as the first therapy for NAFLD.
Muthoot Finance: Projected 15-20% growth and witnessed significant block trades on NSE.
Godrej Consumer Products: Delivered mixed quarterly results with 10% revenue growth but a 3% decline in consolidated EBITDA.
Market Breadth
The overall market breadth leaned negative:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,371 |
| Positive | 1,812 |
| Negative | 2,559 |
Conclusion
The Indian stock markets ended the day with minimal changes in the benchmark indices. While some sectors like Trading and Printing & Stationery showed strength, others such as Aviation and Engineering Services faced significant pressure. The market breadth remained tilted towards the negative, with more stocks declining than advancing during the session.
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