Mid Day Bell: Nifty, Sensex Dip as Healthcare Sector Shines
By ScanX News Team
Indian markets show a slight downward trend at midday on April 3, 2025, with Nifty 50 at 23,290.90 (-0.18%) and Sensex at 76,414.90 (-0.26%). Healthcare leads sectoral performance with a 2.19% gain, followed by Textiles and Power. Dabur India is the day's focal point, plummeting over 7% following a disappointing quarterly business update, citing flat revenue and margin contraction.
*this image is generated using AI for illustrative purposes only.
Market Overview
As the clock strikes noon on April 3, 2025, Indian markets are showing a slight downward trend. The Nifty 50 is currently trading at 23,290.90, down 41.45 points or 0.18% from its previous close. Similarly, the BSE Sensex stands at 76,414.90, registering a decline of 202.54 points or 0.26%.
Sectoral Performance
Despite the overall market dip, several sectors are displaying robust performance:
| Sector | Average Percentage Change |
|---|---|
| Healthcare | 2.19% |
| Textiles | 2.15% |
| Power | 2.00% |
| Aerospace & Defense | 1.86% |
| Transport | 1.84% |
Buzzing Stocks
Dabur India is making headlines today, but not for positive reasons. The stock has plummeted over 7%, currently trading at 465.1, down 6.18%. This sharp decline follows the company's quarterly business update, which paints a challenging picture:
- Dabur expects flat consolidated revenue in Q4 FY25 due to subdued FMCG volume trends
- The company anticipates a 150-175 bps contraction in Q4 EBITDA margins year-on-year
- Rural business has outperformed urban markets
- International markets show strong growth
The market's reaction reflects concerns over the company's near-term growth prospects and profitability in the face of inflationary pressures and operating deleverage.
Conclusion
As we reach the midpoint of today's trading session, the market presents a mixed picture. While benchmark indices are slightly down, specific sectors like Healthcare and Textiles are showing resilience. Investors are closely watching individual stocks like Dabur India , which are facing headwinds due to sector-specific challenges.
