Among sectors, auto, bank, FMCG, metal, realty, telecom shed 1-2%, while IT, media, consumer durables ended in the green.
Nifty Midcap and smallcap indices down 1% each. Dr Reddy's Labs, Bharti Airtel, M&M, HDFC Life, Sun Pharma were among the top drags on the Nifty, while gainers were Trent, HCL Tech, Infosys, Apollo Hospitals. Among sectors, auto, bank, FMCG, metal, realty, telecom shed 1-2%, while IT, media, consumer durables ended in the green.
After a gap-up start, the market traded in a narrow range through the day, with the Nifty slipping to an intraday low of 25,400 amid intermittent selling pressure
Bharat Electronics, Adani Ports, Sun Pharma, Bharti Airtel, Maruti Suzuki were among major gainers on the Sensex, while losers were Power Grid Corporation, Trent, Bajaj Finserv, HDFC Bank and Eternal. Among sectors, auto, pharma, oil & gas, PSU Bank telecom, metal added 0.4-1%, while media index shed 0.7%. Nifty Midcap index rose 0.6%, while smallcap index ended flat.
Broader indices outperformed the benchmarks, with the Nifty Midcap index gaining 0.5% and the Smallcap index rising 1%.
Stock Market Live Updates: SBI, ITC, Bharti Airtel, Adani Ports, Reliance Industries are among major losers on the Nifty, while gainers are Tata Steel, HCL Technologies, Bajaj Auto, Shriram Finance, TCS. Nifty Midcap index up 0.3%, and smallcap index up 0.5%. On the sectoral front, auto, healthcare, IT, metal up 1-2 percent, while telecom index down 1.5%, FMCG, oil & gas, PSU Bank down 0.3-0.6%
The broader market also ended lower, with the Nifty Midcap index shedding 0.3 percent and the Smallcap index falling 0.55 percent.
Among sectors, the IT index was the worst hit, plunging more than 4 percent, while the realty index declined over 2 percent. However, metal, pharma, PSU Bank, oil & gas, energy rose 0.3-1%. Biggest Nifty losers were Tech Mahindra, Eternal, Infosys, TCS, HCL Technologies, while gainers included HUL, Hindalco Industries, Coal India, NTPC, JSW Steel. The broader market also ended lower, with the Nifty Midcap shed 0.3%, and Smallcap index fell 0.55.
More than 110 stocks touched their 52-week high, including Indian Bank, Cummins India, Apar Industries, Bharat Forge, Polycab India, Max Financial, JB Chemicals, SBI Life Insurance, Union Bank of India, Bank of Baroda, Bank of Maharashtra, Hitachi Energy, SBI, L&T, NTPC, Bank of India, KEI Industries, Astral, Voltas, among others.
Biggest Nifty gainers were Adani Ports, Dr Reddy's Labs, Kotak Mahindra Bank, HDFC Life, Nestle, while losers included Hindalco, Wipro, Infosys, Tech Mahindra, Cipla. Among sectors Information Technology shed 1.4 percent, metal down 0.2 percent, while PSU Bank index added 1.3 percent, while pharma, oil & gas, infra, FMCG, auto added 0.5 percent each. The Nifty midcap index was down 0.4 percent and smallcap index was up 0.3 percent.
On the data front, US weekly jobless claims and Producer Price Index (PPI) figures, along with speeches from several FOMC officials, will be closely watched as investors seek clearer guidance on the timing of the Federal Reserve's next rate cut.
Broader indices were mixed, as the Nifty Midcap index gained 0.5 percent, whereas the Smallcap index closed slightly in the red.
Hindalco Industries, NTPC, SBI Life, L&T, Coal India were among major gainers on the Nifty, while losers were Infosys, Tech Mahindra, Eternal, HCL Technologies and Grasim Industries. Except IT (down 1%) and media, all other indices ended in the green with power, metal, capital goods, PSU Bank up 1-2%. The BSE midcap index was up 0.5 percent and smallcap index ended marginally lower.
More than 140 stocks touched their 52-week low, including Brainbees Solutions, C. E. Info, LT Technology, Clean Science, Just Dial, Vedant Fashions, Info Edge, Jyothy Labs, Inox Wind, Ola Electric, KEC International, NCC, Cello World, among others.
This comes despite a muted sentiment in global commodity prices on a firm dollar ahead of key US inflation data that could influence the Federal Reserve's interest rate-cutting trajectory.
Biggest Nifty losers included Interglobe Aviation, M&M, Bharat Electronics, UltraTech Cement and Trent, while gainers were Dr Reddy's Laboratories, ONGC, HDFC Life and Hindalco Industries. All the sectoral indices ended in the red with Auto, Capital Goods, Realty, Power, Consumer Durables, Media down 2% each. The Nifty midcap index shed 1.6 percent and smallcap index fell 1.3 percent.
On the sectoral front, except IT (down 1.2) all other indices ended higher with metal, FMCG, PSU Bank indices up 1% each, while Private Bank, realty, auto, oil & gas up 0.5% each.
Nifty Midcap and smallcap indices up 0.4% each. On the sectoral front, except IT (down 1.3) all other indices ended higher with metal, FMCG, PSU Bank indices up 1% each. Tata Steel, HDFC Life, ITC, Tata Consumer, Axis Bank were among major gainers on the Nifty, while losers were ONGC, Eternal, Wipro, Tech Mahindra, Adani Enterprises.
On the sectoral front, PSU Bank index up 2 percent, IT index up 1 percent, media index rises 0.6 percent, auto index up 0.5 percent, while metal down 1 percent and realty index down 0.3 percent.
On the sectoral front, PSU Bank index up 2 percent, IT index up 1 percent, media index rises 0.6 percent, auto index up 0.5 percent, while metal down 1 percent and realty index down 0.3 percent. Adani Enterprises, ITC, Bharat Electronics, Infosys, L&T were among major gainers on the Nifty, while losers are Eternal, Trent, Hindalco Industries, Reliance Industries and Tata Steel. Nifty Midcap index rose 0.3% and smallcap index added 0.5%.
On the sectoral front, Power, PSU Bank, Realty, Private Bank, Infra, capital goods, energy indices gained 1-2 percent, while media and auto shed 0.5-1%.
Markets will also watch the Supreme Court’s ruling on Trump tariffs scheduled for February 20. The week ahead will be holiday-shortened with potentially thinner liquidity.
Sectorally, all major indices ended in the red. Energy, Metal, and Realty indices declined 2–3 percent each, while IT, Consumer Durables, FMCG, Telecom, Infra, Auto, Power, PSU, and Oil & Gas indices fell around 1 percent each.
Among the top laggards on the Nifty were Hindalco Industries, Hindustan Unilever, Eternal, Adani Enterprises, and ONGC. On the other side, Bajaj Finance, Eicher Motors, SBI Life Insurance, State Bank of India, and Cipla managed to close in positive territory. Sectorally, all major indices ended in the red. Energy, Metal, and Realty indices declined 2–3 percent each, while IT, Consumer Durables, FMCG, Telecom, Infra, Auto, Power, PSU, and Oil & Gas indices fell around 1 percent each. Broader markets also witnessed heavy selling, with the Nifty Midcap and Smallcap indices shedding nearly 2 percent each.
More than 100 stocks touched their 52-week low, including Sonata Software, KPIT Technologies, Oracle Financial Services, Hexaware Technologies, TCS, Poly Medicure, Newgen Software, Mastek, Wipro, Cyient, Firstsource Solutions, IGL, Happiest Minds, Clean Science, Abbott India, among others.