The Indian stock market ended Thursday’s session on a negative note, with both the headline indices closing in the red. The Sensex settled at 81,306.85, down 0.85%, while the Nifty closed at 24,870.10%, down 0.85%. The Bank Nifty too slipped, finishing at 55,149.40, lower by 1.09%.
Let’s take a look at the key highlights of today’s trading session –
Top gainers in today’s trade
Despite the weak close, a few frontline names managed to hold their ground. Auto major M&M, defence player BEL, pharma heavyweight Sun Pharma, along with Maruti and Titan, were among the top gainers in the Sensex basket.
Key laggards in today’s trading session
On the other hand, selling pressure in key counters pulled the market down. Asian Paints slipped nearly 2%, while UltraTech Cement, Tata Steel, ITC, and Kotak Bank dropped between 1-2%.
Mid-Session buzz: Big movers of the day
The day also saw some strong intra-day action in select stocks. Vodafone Idea rallied close to 9% after reports suggested that the government may consider a telecom department proposal for relief on its AGR dues.
Wipro jumped sharply in early trade after announcing a definitive agreement to acquire Harman Connected Services and its subsidiaries.
Defence stock Apollo Micro Systems soared over 16% on bagging a fresh ₹25.12 crore order from DRDO and other defence PSUs.
In contrast, Mazagon Dock Shipbuilders slipped 2% after JPMorgan cautioned of more downside ahead, while Reliance Infra fell more than 3% on news of plans to monetize its Pune-Satara Toll Road project.
Top sectors in today’s trade
The glass sector advanced nearly 2%, while the plastics space gained close to 1%. Strength was also visible in telecom, electronics and chemical stocks, which ended with gains of around 1%.