Sensex Today | Stock Market Highlights: Sensex slipped 28 points to settle at 75,939, while the Nifty fell 12 points to 22,933. In contrast, the Nifty Bank climbed 483 points to 49,570, and the midcap index added 776 points, closing at 50,527. Among the top sectoral gainers, defence stocks saw strong buying interest, with BEL, Mazagon Dock, and Garden Reach emerging as top performers. Meanwhile, pharma stocks remained under pressure, closing largely in the red but recovering from the day’s lows on reports surrounding tariff adjustments.
Sensex Today | Stock Market Highlights: The market witnessed significant intra-day movement, with broader indices leading the charge. While the benchmark Nifty closed flat, the midcap index surged 1.5%, outperforming its larger peers. Financial stocks provided crucial support, helping Nifty hold above the 22,900 mark, while Nifty Bank gained 1%. Most banking heavyweights ended the session near their day’s highs, further stabilizing the indices.
Capital market-related stocks saw notable gains, with Angel One among the top movers. Food delivery majors Swiggy and Zomato also witnessed strong buying, with their stocks surging 5-8% during the session. Short covering lifted stocks like RBL Bank and Manappuram Finance, both of which gained 7%. Rail stocks had a strong session as well, with IRFC rising 4% and RVNL jumping 12%. Zen Technologies recouped its previous session’s losses, closing 10% higher.
On the flip side, select IT stocks came under pressure, with LTIMindtree, TCS, and Infosys ending in the red. Despite the muted close for the benchmarks, strong sectoral performances and positive sentiment in broader markets kept the momentum intact.