Markets at Noon: Nifty and Sensex Dip as Trading Sector Shines
By ScanX News Team
Indian markets are trading in negative territory at midday, with Nifty 50 down 0.65% and Sensex down 0.67%. The trading sector emerges as the top performer with a 2.26% gain, while printing & stationery faces the steepest decline at -1.50%. Notable buzzing stocks include Bharti Airtel with significant block trades, Bajaj Auto entering the e-rickshaw market, and Blue Star targeting 15% CAGR in revenue. Companies like Delhivery, Hero MotoCorp, Adani Power, DLF, Godrej Consumer Products, and Birlasoft have reported quarterly results or shared future growth plans, influencing market sentiment.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets are trading in negative territory at midday. The Nifty 50 is currently at 24,435.50, down 160.65 points or 0.65% from its previous close. Similarly, the BSE Sensex stands at 80,084.83, showing a decline of 538.43 points or 0.67%.
Sectoral Performance
Top Performing Sectors
| Sector | Avg. Per Change |
|---|---|
| Trading | 2.26% |
| Energy | 0.92% |
| Leisure Services | 0.51% |
| Transport | 0.50% |
Underperforming Sectors
| Sector | Avg. Per Change |
|---|---|
| Printing & Stationery | -1.50% |
| Aerospace & Defense | -1.38% |
| Castings, Forgings & Fasteners | -1.30% |
| Engineering Services | -0.80% |
Buzzing Stocks
Bharti Airtel
The telecom giant witnessed significant block trades on the NSE, with multiple transactions totaling approximately Rs. 261.72 crores. About 1.4 million shares were traded at prices ranging between Rs. 1,871.10 to Rs. 1,874.00.
Bajaj Auto
The company held its 18th Annual General Meeting where all resolutions were passed with requisite majority. Bajaj Auto is set to enter the e-rickshaw market with its new brand 'Riki' in four initial markets.
Blue Star Ltd
The company is targeting a 15% CAGR in revenue, driven by strong demand for air conditioners and refrigerators. Blue Star expects the air conditioning industry to grow at a 20% CAGR.
Delhivery Limited
Delhivery reported Q1 revenue of Rs. 2,294 crores, up 6% year-on-year. The company's EBITDA margins expanded to 6.5%, and PAT reached Rs. 91 crores.
Hero MotoCorp
The two-wheeler manufacturer aims to boost exports by over 40% this year and plans to generate 10% of revenue from global business. The company achieved a record 7% market share in the EV segment.
Adani Power
The company reported Q1 results with total revenue of Rs 14,167 crores, EBITDA of Rs 5,744 crores, and PAT of Rs 3,305 crores. Adani Power supplied 24.6 billion units of power, 1.6% higher than the previous year.
DLF Limited
DLF reported Q1 sales bookings of ₹11,425 crores, reflecting a 78% year-on-year growth. The company generated embedded margins of ₹4,500 crores from quarterly sales.
Godrej Consumer Products
The company expects business volume growth in India to increase from mid-single-digits to high-single-digits in the upcoming quarters. Godrej Consumer is pursuing growth through new product launches and expanding exports to Africa.
Birlasoft
The company announced plans for significant investment in generative AI, agentic automation, and ERP transformation initiatives. Birlasoft expects elevated tax rates of around 35.9% to continue.
Conclusion
As the markets trade lower at midday, the trading sector emerges as the top performer, while printing & stationery faces the steepest decline. Investors are closely watching the performance of key stocks across various sectors as companies continue to release their quarterly results and future outlooks.
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