The benchmark fairness indices, the BSE Sensex and NSE Nifty50, ended their two-day winning streak on Tuesday, closing the session in poor territory amid combined sectoral performance and pressure on Adani Group shares.
Market Performance
BSE Sensex: Declined 105.79 factors (0.13%) to close at 80,004.06, trading between an intraday excessive of 80,482.36 and a low of 79,798.67.
NSE Nifty50: Dropped 27.40 points (0.11%) to settle at 24,194.50, after touching an intraday high of 24,343.30.
Key Drags and Gainers
Adani Group: Adani Enterprises and Adani Green Energy led the losses, falling as tons as 7% after Fitch and Moody’s downgraded the outlook on numerous Adani businesses to “Negative.” Adani Ports also witnessed sharp declines.
Top Losers (Nifty50):
- Adani Enterprises (-4.02%)
- Adani Ports
- Ultratech Cement
- Bajaj Auto
- Sun Pharma
Top Gainers (Nifty50):
- Shriram Finance (+3.26%)
- Britannia Industries
- Asian Paints
- Bharat Electronics
- Infosys
Broader Market Performance
- Nifty Smallcap100: Outperformed the wider marketplace, gaining 0.82%.
- Nifty Midcap100: Closed flat, reflecting mixed sentiment.
Sectoral Highlights
Indices in Green:
- Nifty IT
- FMCG
- Media
Indices in Red:
- Auto
- Pharma
- Healthcare
- OMCs
The markets saw a subdued session on Tuesday, driven using income-reserving and terrible sentiment across the Adani Group following rating downgrades. While select sectors like IT and FMCG supplied help, broader indices ended combined, with small-cap stocks showing relative energy. Investors are likely to stay careful in the coming sessions amidst global uncertainties and domestic corporate trends.
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Disclaimer
The statistics furnished in this newsletter are for informational features and must no longer be construed as economic recommendations. The inventory marketplace is concerned with dangers, and beyond overall overall performance does not assure destiny outcomes. Always behavior thorough studies and are searching for advice from an authorized financial advertising representative earlier before making any investment selections.
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