Indian stock markets ended Thursday’s session on a negative note, dragged by weakness in financials and metal stocks. The Sensex closed at 83,239.47, down 170.22 points or 0.20%, while the Nifty settled at 25,405.30, lower by 48.10 points or 0.19%. The Nifty Bank also mirrored the same, ending at 56,791.95, down 0.36%.
Let’s take a look at the 5 key highlights of today’s trading session
Top gainers in today’s trade
A few heavyweight stocks managed to stay in the green. Top gainers from the Sensex pack included Maruti Suzuki, Infosys, Eicher Motors, M&M, and Asian Paints.
Financials and PSUs lead the declines
On the downside, Kotak Mahindra Bank, Bajaj Finance, Bajaj Finserv, Adani Ports, Titan, and SBI emerged as major laggards. The pressure was largely seen in banking and financial names, which dragged down the broader indices, especially Nifty Bank.
Sectoral indices performance
On the sectoral front, Nifty Media led the gainers with a 1% rise. Other sectors that ended in the green included auto and pharma. On the flip side, financials, metals, and realty sectors faced selling pressure.
Top sectors in today’s trade
Among the top-performing sectors of the day were Consumer Durables and Auto Ancillaries, each recording an average gain of 1%. The Cables segment also remained active. Meanwhile, Alcoholic Beverages and Textiles posted modest average gains.
Best and worst performing business groups
Across business groups, Nagarjuna Group emerged as the standout performer, logging an average market cap gain of 5%. Patodia Group and Essar Group followed with 3% gains, while IIFL Group also advanced around 3%. However, the downside saw pressure on Jaipuria Group, which slipped 2%, Manipal Group which fell 3%, and ADA Enterprises Group, which declined the most, down 4%.