In the latest trading session, the benchmark indices, Sensex and Nifty, experienced marginal declines. The Sensex slipped by 117.58 points, settling at 72,987.03, while the Nifty recorded a dip of 17.30 points, closing at 22,200.55. The Sensex, representing the top 30 companies listed on the Bombay Stock Exchange (BSE), witnessed a modest decline of 117.58 points, marking a marginal decrease in its value. It concluded the trading session at 72,987.03, reflecting a cautious sentiment among investors.
Previous session performance
In the previous trading session on Tuesday, both indices witnessed gains, with the Sensex closing at 73,105, up by over 300 points, and the Nifty settling at 22,218, climbing 114 points.
Stock performance
Gainers on the Sensex platform included Bharti Airtel, PowerGrid, NTPC, M&M, and HCL Tech, while Asian Paints, Tata Motors, HDFC Bank, JSW Steel, and Sun Pharma faced losses. Coal India led the gainers on the Nifty50, while Tata Motors saw the most significant decline.
Market broadly
The broader markets saw a predominantly green trend, with the Nifty Microcap 250 index leading with a gain of 1.15 percent.
Sectoral trends
Nifty PSU Bank emerged as the top-performing sector, followed by Realty, while FMCG and Media indices experienced declines of 0.91 percent and 0.51 percent, respectively.
Currency and foreign investments
The Indian rupee settled slightly higher against the US dollar at 83.50 (provisional). Foreign Institutional Investors (FIIs) remained net sellers on Tuesday, offloading equities worth Rs 4,065.52 crore. Analysts anticipate the rupee to trade with a slight negative bias due to various factors such as fluctuations in the US Dollar, FII outflows, and crude oil price movements.
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