Closing Bell: Sensex and Nifty erased most of the day's gains, easing off day's highs. Buying was clearly concentrated in information technology shares after a surge in Infosys lifted sentiment across the pack.
The market is technically overextended after a sharp run-up, and short-term consolidation or volatility cannot be ruled out, an analyst said.
Market will remain shut on Thursday, January 15 on account of municipal corporation elections in Maharashtra.
Malhotra said the currency should not be viewed as the sole indicator of economic strength.
Hindustan Zinc share price: The sharp rise in the precious and industrial metal came after US inflation data boosted hopes for more rates cuts by the Federal Reserve.
Tata Steel, NTPC, ONGC, Axis Bank, UltraTech Cement were among major gainers on the Nifty, while losers were Tech Mahindra, TCS, Asian Paints, Sun Pharma, Sun Pharma. BSE Midcap and smallcap indices rose 0.3% each. On the sectoral front, PSU Bank, power, oil & gas index added 0.5-2%, while auto, IT, realty shed 0.5% each.
Mixed performance was seen among the broader indices, with the BSE Midcap index declining 0.2 percent, while the Smallcap index rose 0.5 percent.
Trent, L&T, Dr Reddy's Labs, Reliance Industries and Interglobe Aviation were among major losers on the Nifty, while gainers were ONGC, Tech Mahindra, Eternal, ICICI Bank, Hindalco Industries. BSE Midcap index shed 0.2%, while smallcap index rose 0.5%. On the sectoral front, IT, media, PSU Bank, metal ended in the green, while FMCG, capital goods, consumer durables, pharma, realty fell between 0.3-0.5 percent.
Looking ahead, US CPI, retail sales, weekly jobless claims, and speeches from several FOMC officials will be key in shaping expectations for the monetary policy outlook.
Among sectors, metal index rose 2%, PSU Bank index added 0.7%, FMCG index gained 0.6%, while capital goods, pharma, media and realty indices shed 0.5-1.5 percent.
The issue is expected to take the centre stage when India and the Russia-led Eurasian Economic Union hold the next round of trade talks, likely in the second half of February
Bids for the operation will be submitted by banks in the first half of Tuesday, with the premium quoted in paisa terms, and the results will be declared later in the day
Among sectors, metal index rose 2%, PSU Bank index added 0.7%, FMCG index gained 0.6%, while capital goods, pharma, media and realty indices shed 0.5-1.5 percent. BSE Midcap index shed 0.4% and smallcap index fell 0.7%. Coal India, Trent, Asian Paints, Tata Steel, JSW Steel were among major gainers on the Nifty, while losers included Eicher Motors, Infosys, Bajaj Finance, Tata Motors Passenger Vehicles and Bajaj Auto.
The next phase of US & China engagement will be shaped less by summits and more by who controls the inputs the other cannot easily substitute.
For the week, BSE Sensex and Nifty lost 2.5 percent each.
Adani Enterprises, Shriram Finance, NTPC, ICICI Bank, Jio Financial were among major losers on the Nifty, while gainers were Asian Paints, ONGC, Bharat Electronics, HCL Technologies. Eternal. BSE Midcap index shed 0.8%, while smallcap index fell 1.7%. Among sectors, except IT, PSU Bank, Oil & Gas, all other indices ended lower with auto, FMCG, realty, consumer durables down 1-2 pe
Biggest Nifty losers were Hindalco Industries, ONGC, Jio Financial, Wipro, Tech Mahindra, while gainers included ICICI Bank, Eternal, SBI Life Insurance, Bharat Electronics.
Copper's record-breaking price surge, driven by severe supply constraints, tariff-induced hoarding, and structural demand from electrification and AI, is fundamentally challenging its traditional role and valuation in global markets
All the sectoral indices ended lower with metal, oil & gas power, PSU Bank, capital goods shed 2-3 percent. Biggest Nifty losers were Hindalco Industries, ONGC, Jio Financial, Wipro, Tech Mahindra, while gainers included ICICI Bank, Eternal, SBI Life Insurance, Bharat Electronics. BSE Midcap and smallcap indices fell 2% each.
Consumer durables, IT, pharma gained 0.5-1.8%, while auto, oil & gas, realty, telecom shed 0.5 each.
Titan Company, Tech Mahindra, HCL Technologies, Wipro, Jio Financial were among major gainers on the Nifty, while losers were Cipla, Maruti Suzuki, Max Healthcare, Tata Motors Passenger Vehicles, Power Grid. BSE Midcap index added 0.5%, while smallcap index rose 0.12%. Consumer durables, IT, pharma gained 0.5-1.8%, while auto, oil & gas, realty, telecom shed 0.5 each.
Bureau of Indian Standards (BIS) is assessing infrastructure, assaying capacity as silver prices rise and demand for quality checks grows, said Sanjay Garg, Director General, BIS.
More than 120 stocks hit 52-week low including Premier Energies, Vedant Fashions, Mahanagar Gas, ITC, Page Industries, Cohance Life, United Breweries, Clean Science, Jubilant Foodwoks, Tata Chemicals, among others.
Among sectors, IT, pharma, PSU Bank, metal rose 0.3-1.7 percent, while Infra, media, oil &gas, capital goods down 0.6-1.6 percent. BSE Midcap and smallcap indices ended lower. Trent, Reliance Industries, ITC, Kotak Mahindra Bank, Interglobe Aviation were among top losers on the Nifty, while gainers were Apollo Hospitals, ICICI Bank, HDFC Life, Sun Pharma and Tata Consumer.
Among broader indices, Nifty midcap index touched new record high of 61,520.60 but ended with marginal losses, while Nifty smallcap index rose 0.5 percent.
