Indian Markets Show Resilience, Close Flat Amid Global Weakness
Despite weak global cues and a downturn in major international markets due to recession fears and tariff concerns, Indian equity markets displayed resilience today. The benchmark indices reversed initial losses and ended nearly flat with a slight positive bias.
The 30-share BSE Sensex closed marginally lower by 13 points at 74,102, while the Nifty-50 at the NSE gained 37 points (0.17%), settling at 22,498.
Broader Market Performance
The broader indices at BSE showed mixed trends:
✅ BSE Mid-Cap Index rose 0.7%
❌ BSE Small-Cap Index declined 0.7%
Sensex Movers
Out of 30 stocks, 15 ended in the green.
Top Gainers:
✅ Sun Pharma +2.6%
✅ ICICI Bank +2.5%
✅ Bharti Airtel +1.9%
Top Losers:
❌ IndusInd Bank -27%
❌ Infosys -2.5%
❌ Larsen & Toubro -1.7%
Sectoral Performance at BSE
Out of 21 sectoral indices, 9 ended in red.
🔻 Top Losing Sectors:
- IT -0.87%
- Focused IT -0.82%
- Bankex -0.36%
🔼 Top Gaining Sectors:
- Realty +3.92%
- Telecom +2.78%
- Oil & Gas +1.58%
Market Breadth & 52-Week High/Low
- At BSE: 2,506 stocks declined, 1,466 advanced, 119 remained unchanged.
- At NSE: 14 stocks hit 52-week highs, while 200 stocks hit 52-week lows.
Despite global uncertainties, Indian markets showcased strong resilience, indicating investor confidence and sectoral strength.