Markets Close in Red: Nifty and Sensex Slip Amid Sector-Specific Movements
Indian stock markets ended Tuesday's session in the red, with Nifty 50 closing at 24,485.85 (-0.40%) and BSE Sensex at 80,270.20 (-0.41%). Aviation sector led gains (+2.00%), while Cables sector faced the steepest decline (-5.27%). Notable stocks included PG Electroplast (down 12.7%), Bharti Airtel (positive Q4 results), and Tata Motors (announced demerger). Market breadth was slightly positive with 2,241 advances against 2,153 declines out of 4,394 traded scrips.
*this image is generated using AI for illustrative purposes only.
Market Wrap: Bearish Sentiment Prevails as Indices End Lower
The Indian stock markets concluded Tuesday's trading session on a negative note, with both benchmark indices, Nifty 50 and BSE Sensex, registering losses. The broader market sentiment remained cautious as investors digested sector-specific news and corporate earnings.
Market Overview
The Nifty 50 index closed at 24,485.85, down 99.20 points or 0.40% from the previous close. Similarly, the BSE Sensex ended the day at 80,270.20, shedding 333.88 points or 0.41%. The market breadth was marginally positive, indicating a mixed sentiment among traders.
Sectoral Performance
Top Performing Sectors
- Aviation (+2.00%)
- Leisure Services (+1.05%)
- Insurance (+0.81%)
The aviation sector led the gains, possibly buoyed by positive developments or increased travel demand.
Underperforming Sectors
- Cables (-5.27%)
- Castings, Forgings & Fasteners (-3.77%)
- Printing & Stationery (-2.05%)
The cables sector faced the most significant decline, followed by castings and forgings, indicating potential challenges in these industries.
Buzzing Stocks
Several stocks made headlines during the trading session:
PG Electroplast: The stock entered the F&O ban list after a sharp decline of 36% over four sessions, closing 12.7% lower at ₹514.15. The company revised its FY26 guidance downward due to early monsoon impact on the AC season.
Bharti Airtel: The telecom giant reported consolidated revenue of ₹49,463 crores with improved EBITDA margins. The company added 1.2 million mobile customers and expanded its 5G network significantly.
Tata Motors: The company announced plans to demerge its commercial vehicle business effective October 1, 2025, creating two separate listed entities.
Lupin: The pharmaceutical company disclosed a licensing agreement for a ranibizumab biosimilar, marking its expansion into biosimilar medications.
State Bank of India: SBI has reportedly stopped processing trade and foreign currency transactions for Nayara Energy to avoid potential international sanctions.
Market Breadth
The overall market breadth was slightly positive:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,394 |
| Advances | 2,241 |
| Declines | 2,153 |
Conclusion
As the markets closed, the Indian equity indices displayed a bearish trend, influenced by sector-specific movements and corporate developments. While some sectors like aviation showed resilience, others such as cables faced significant pressure. Investors will likely continue to monitor global cues and domestic economic indicators for further market direction.
20
