The markets closed Tuesday’s session on a flat to negative snapping winning streak of four sessions. The markets started the session on a higher note and traded throughout the day in a range-bound manner. The Nifty 50 closed the session 12 points or 0.05% lower at 25,091.55, the Sensex fell 94 points or 0.11% to end at 82,351.
The banking stocks were the biggest drag, along with Nifty Realty. The Nifty Bank lost 260 points or 0.46% to end at 56,580.
The BSE Midcap inched up 19 points or 0.04% to 46,589.49. On the other hand, the BSE Smallcap relatively outperformed, surging 176 points or 0.33% to 54,250.81.
5 big highlights from today’s market action-
Indices in intraday trade
The indices closed Tuesday’s session on a flat note. During the session, the Nifty 50 fell as much as 0.4%, while the 30-stock index, Sensex, fell just 0.3%.
Top gainers
Tech Mahindra was the top gainer in the Nifty 50 in Tuesday’s session, closing 2.14% higher. It was followed by Dr Reddy’s Lab, Tata Motors, Adani Enterprises, and HCL Technologies.
Top losers
Meanwhile, the shares of Trent were the biggest losers in today’s trade. It was followed by Maruti Suzuki, Bajaj Finance, Tata Steel, Bajaj Finserv, and many others.
Best and worst performing business groups
The Anil Ambani Group’s market capitalisation has risen the most in Tuesday’s trade, gaining 7.55%. In the list of Anil Ambani Group stocks, all the stocks closed the session on a higher note, except for Reliance Communications. Anil Ambani Group was followed by Oswal Group, whose market cap increased by almost 4.26%, Jaipuria Group’s market cap increased by 2.76%, and others. However, the Essar Group’s market cap declined the most, falling 1.88%.
Sectors that surged most in Tuesday’s trade
The glass sector’s stocks dominated today’s strong market. All the stocks in the list of glass sector closed the session in the green. The list of power sector stocks followed suit, raising the market cap by 1.43%. Further, the IT sector followed the list, surging 1.39% in market cap.