Indian equity benchmarks closed Monday’s trade on a lower note. The Nifty 50 ended the day 20 points or 0.08% lower at 26,027, while the BSE Sensex fell 54 points or 0.08% to end at 85,213.
However, the Nifty Bank settled 72 points or 0.12% higher at 59,462, outperforming benchmarks. The mid-cap stocks also closed the trade on a higher note. The BSE Midcap finished 75 points or 0.16% higher at 46,552.50. However, the BSE Smallcap finished 206 points or 0.41% higher at 51,096.
“Persistent foreign fund outflows and a weak rupee have kept markets in a narrow range, with currency volatility likely to continue until clarity emerges on the India–US trade deal. Expectations of an earnings recovery in H2FY26, supported by monetary and fiscal growth drivers, are helping stabilise sentiment. Going forward, market momentum is expected to be earnings-led rather than valuation-driven,” said Vinod Nair, Head of Research at Geojit Investments.
Big highlights from today’s market action-
Indices in intraday trade
The indices closed the trade on a lower note. During the session, out of 3,238 trading stocks, 1,667 advanced, while 1,471 declined, and 100 remained unchanged. Today, 68 stocks hit a fresh 52-week high. Meanwhile, 101 stocks touched a new 52-week low.
Top gainers
IndiGo was the top gainer in the Nifty 50 in Monday’s session, closing 2% higher. It was followed by Trent, Hindustan Unilever, HCL Technologies, and Wipro.
Top losers
Mahindra & Mahindra’s shares were the biggest losers in today’s trade, declining 1.9%. It was followed by Eicher Motors, ONGC, Bajaj Auto, and JSW Steel were the only losers.
