The Indian stock market ended the day on a cautious note, with domestic indices closing in the red. The Sensex settled at 84,666.28, down by 0.51%, while the Nifty finished at 25,839.65, slipping 0.47%. The Nifty Bank index also mirrored the broader market trend, ending at 59,214, down by 0.04%.
Let’s take a look at the key highlights of today’s trading session –
Top movers of the day
Among the Sensex constituents, certain stocks managed to buck the broader downtrend. Titan, Eternal, Adani Ports, Bajaj Finserv, and Axis Bank emerged as the top gainers in today’s session.
On the other hand, the market saw selling pressure in key sectors. Asian Paints, Tata Steel, Tech Mahindra, Mahindra & Mahindra, and HCL were among the top laggards.
Trump’s tariff warnings
Investor sentiment was further after US President Donald Trump indicated the possibility of new tariffs on rice imports from India and fertilizers from Canada. These remarks came during a White House session unveiling a multi-billion-dollar relief package for American farmers. According to reports, the administration plans to fund the package using revenues collected from tariffs on agricultural imports.
Midday highlights and stock movements
Several individual stocks saw notable intraday movements. Groww shares declined nearly 5%, influenced by the upcoming unlock of 149.2 million shares, representing about 2% of the company’s equity, scheduled for December 10.
In contrast, newly listed PhysicsWallah experienced sharp gains of around 5% during intraday trading, following strong performance reported in its Q2 earnings