Indian headline indices wrapped up Tuesday’s session on a weak note. The Sensex ended at 80,160.56, slipping 0.25%, while the Nifty closed the day at 24,579.60, down 0.18%. Banking counters added to the pressure, with the Nifty Bank finishing at 53,661, down 0.63%.
Let’s take a look at the key highlights of today’s trading session
Power, Energy stocks shine
Some of the heavyweights managed to buck the trend. Power Grid emerged as the star performer, gaining 2.45%. Energy major NTPC also held firm, ending 1.57.
Metal giant Tata Steel rose 1.44%, while Hindustan Unilever and Reliance Industries added 1.23% and 0.97%, respectively.
Banks, Autos drag markets lower
On the flip side, banking and auto names came under pressure. Kotak Mahindra Bank slipped 1.25%, while ICICI Bank lost 1.08%. Asian Paints shed 1.16%. Among autos, Tata Motors fell 0.79%, and Mahindra & Mahindra also ended lower.
Top sectors in Tuesday’s trade
Sugar stocks led the rally in today’s trade with the sector gaining over 5%, followed by tyre companies which jumped more than 4%. Aquaculture names also saw healthy buying, rising close to 3.6%, while the shipping space added nearly 3%. Tea and coffee counters joined the momentum too, ending the day with gains of about 2%.
Best and worst performing business groups
In today’s trading session, Indiabulls Group stocks surged the most with gains of nearly 7%, while Anil Ambani Group stocks rose about 5%. Nagarjuna Group followed closely with an uptick of almost 4.7%, and L G Balakrishnan Group also ended higher, adding close to 3.7%.
On the flip side, pressure was visible in some pockets. Ruchi Group slipped around 1.9%, while Jindal BC Group declined nearly 2.6%. The biggest drag came from Adventz Group, which fell over 4.7% in today’s session.