Markets Close in Red: Nifty and Sensex Dip Amid Mixed Sectoral Performance
Indian stock markets ended negative, with Nifty down 0.33% at 24,569.45 and Sensex falling 0.18% to 80,561.64. Energy was the sole gainer among top sectors, while Cables and Utilities faced significant losses. Notable stocks included Godfrey Phillips India and Centum Electronics, both surging 10%. Market breadth was bearish with 2,938 declines against 1,456 advances out of 4,394 traded stocks.
*this image is generated using AI for illustrative purposes only.
Market Wrap
The Indian stock markets ended the trading session on a negative note, with both benchmark indices closing lower amid mixed sectoral performance.
Market Overview
The NSE Nifty 50 closed at 24,569.45, down 80.10 points or 0.33% from the previous close. Similarly, the BSE Sensex ended at 80,561.64, registering a decline of 148.61 points or 0.18%. The market sentiment remained cautious throughout the day, with more stocks declining than advancing.
Sectoral Performance
The day saw a mixed bag of sectoral performances, with energy emerging as the sole gainer among the top-performing sectors.
Top Performing Sectors:
- Energy (Avg. Per Change: +0.15%)
Top Losing Sectors:
- Cables (Avg. Per Change: -4.82%)
- Utilities (Avg. Per Change: -2.09%)
- Diamond, Gems and Jewellery (Avg. Per Change: -1.95%)
Buzzing Stocks
Several stocks made headlines during the trading session:
Godfrey Phillips India: The stock surged 10.00% to close at ₹10,861.50, reaching a 52-week high. The company reported a 56% year-on-year increase in consolidated net profit and announced a 2:1 bonus share issue.
Centum Electronics: Shares climbed 10.00% to ₹2,330.70 following the announcement of its Q1 results and board committee reconstitution.
Transrail Lighting: The stock jumped 13.78% to ₹803.00 after reporting a 105% year-on-year increase in Q1 net profit and strong order book growth.
Sandesh Ltd: Shares soared 16.49% to ₹1,355.00 following the announcement of improved Q1 results and a final dividend declaration.
Muthoot Capital Services: The stock plummeted 11.39% to ₹266.05 after reporting a net loss for Q1 FY2026.
Market Breadth
The overall market breadth was negative, indicating a bearish sentiment:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,394 |
| Advances | 1,456 |
| Declines | 2,938 |
Conclusion
The Indian stock markets closed lower, with both Nifty and Sensex in the red. While the energy sector showed some resilience, most other sectors, particularly cables and utilities, faced selling pressure. The market breadth remained negative, with declines outnumbering advances by a significant margin.
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