Indian equity markets closed the session on a muted note as the US and India are expected to forge a trade deal.
The Nifty 50 closed the session flat at 25,461, and the Sensex ended the day steady at 83,400.
In line with the overall market sentiments, the Nifty Bank settled 83 points or 0.15% lower at 56,949.
The BSE Midcap declined over 70 points or 0.15% to 46,743. On the other hand, the BSE Smallcap fell 179 points or 0.33% to 54,651.
“The market traded sideways, as investor sentiment turned cautious amid renewed trade tensions, as the final deal with the US is expected to be postponed, adding uncertainties in the short term. Domestically, from the falling interest rates and tax cuts, the Q1 FY26 quarter earnings are viewed optimistically by investors as triggers to adopt an accumulation strategy,” said Vinod Nair, Head of Research at Geojit Investments.
5 big highlights from today’s market action-
Indices in intraday trade
The indices closed Monday’s session on a flat note. During the session, out of 3,060 trading stocks, 1,154 advanced, while 1,795 declined, and 111 remained unchanged. Today, 61 stocks hit a fresh 52-week high. Meanwhile, 38 stocks touched a new 52-week low.
Top gainers
Hindustan Unilever was the top gainer in the Nifty 50 in Monday’s session, closing 2.97% higher. It was followed by Tata Consumer Products, Nestle India, Eicher Motors, and Jio Financial Services.
Top losers
Meanwhile, the shares of Bharat Electronics were the biggest losers in today’s trade. It was followed by Tech Mahindra, ONGC, UltraTech Cements, HCL Technologies, and many others.
Top sectors in Monday’s trade
The leather sector’s stocks surged the most in terms of market capitalisation by 3% in Monday’s trade, and Beverage stocks followed the Personal Care sector stocks. The Sugar sector stood behind the Food Processing sector, climbing 1%, and it was followed by tobacco stocks that rose 0.6%.
Best and worst performing business groups
The Jaypee Group’s market capitalisation has jumped the most in Monday’s trade, gaining 18.77%. In the list of Jaypee stocks, Jaiprakash Power Ventures Group gained up to 19.28%. Further, Godrej Group followed the list, whose market cap increased by almost 2.87% and Emami Group’s market cap increased by 2.3%, and others. However, the Manipal Group’s market cap declined the most, falling almost 6.9%.