The Indian stock market ended Tuesday’s session on a flat note. The Sensex closed at 81,991.75, up 0.16%, while the Nifty settled at 25,083.75, higher by 0.13%. The Nifty Bank also ended at 55,755.45, gaining 0.10%.
Here’s a snapshot of what moved the markets today.
Top gainers: Banks, Bajaj Twins shine
Leading the charge in the Sensex pack were ICICI Bank, Bajaj Finserv, Reliance Industries, Bajaj Finance, Titan and Bharat Electronics. Financial stocks remained the biggest drivers, lending strength to the overall indices.
Key laggards: PowerGrid, FMCG drag
On the flip side, PowerGrid, NTPC, Hindustan Unilever, Adani Ports and Eicher Motors were among the top laggards of the day, capping gains for the benchmark indices.
BSE shares slide 7% after SEBI remarks
The Bombay Stock Exchange (BSE) stock saw a steep fall of nearly 7% in intraday trade. The decline followed comments from SEBI Chairman Tuhin Kanta Pandey, who suggested the regulator may explore extending the tenure of equity derivatives contracts. The remarks triggered selling pressure in the exchange’s shares.
The selloff came as investors worried about the impact on revenue streams. For both exchanges and brokerages, a large part of income comes from the heavy churn in short-term contracts.
At BSE, derivatives contribute over half of its earnings, while for Angel One, nearly three-fourths of its business depends on this segment.
Top sectors in today’s trade
Among the broader sectors, Plastics stocks gained about 1%, followed by strong moves in Gems & Jewellery, Paper, and Petroleum-related stocks, all of which closed higher in the range of 1%.
Best and worst performing business groups
Group-wise action was also evident. Anil Ambani Group stocks surged nearly 5%, with momentum also seen in Nagarjuna and Patodia Group stocks, which advanced 2–4% each.
On the other hand, Manipal Group, GMR Group and Avanta Group stocks slipped 2-2.5%, emerging as the day’s weak spots.