Market Overview
India’s equity markets closed lower on Wednesday. The Nifty 50 index declined 0.86%, reaching a new one‑month low, while the BSE Sensex 30 fell 1.08%.
Sector Performance
The declines were led by the Information Technology, Technology and Real Estate sectors, which contributed to the broader market weakness.
Stock Advances vs Declines
On the NSE, 1,572 stocks fell versus 1,031 that advanced, with 47 unchanged. On the BSE, 2,310 stocks declined, 1,774 rose and 171 were unchanged.
Top Gainers – Nifty 50
- Adani Enterprises Ltd rose 5.12% (151.10 points) to close at 3,104.20.
- Adani Ports and Special Economic Zone Ltd added 3.22% (55.00 points) to end at 1,765.00.
- Coal India Ltd gained 2.44% (10.25 points) to finish at 430.50.
Biggest Losers – Nifty 50
- Infosys Ltd fell 4.55% (49.20 points) to trade at 1,032.80.
- HCL Technologies Ltd declined 3.99% (51.00 points) to end at 1,226.00.
- Tech Mahindra Ltd dropped 3.59% (56.00 points) to close at 1,503.00.
BSE Sensex 30 – Top Performers
- Adani Ports and Special Economic Zone Ltd rose 3.67% to settle at 1,771.55.
- Tata Steel Ltd increased 2.42% to close at 188.55.
- NTPC Ltd gained 0.53% to finish at 333.25.
BSE Sensex 30 – Worst Performers
- HCL Technologies Ltd was down 4.55% to 1,226.55.
- Infosys Ltd lost 4.43% to settle at 1,035.00.
- Tech Mahindra Ltd fell 3.87% to close at 1,502.25.
Volatility Indicator
The India VIX, measuring implied volatility of Nifty 50 options, rose 6.63% to 11.98.
Commodity Prices
- Gold Futures (December) slipped 0.02% to $4,437.97 per troy ounce.
- Crude Oil (October delivery) increased 2.47% to $95.33 per barrel.
- Brent Oil (November contract) rose 2.94% to $100.80 per barrel.
Currency Movements
- USD/INR advanced 0.32% to 95.11.
- EUR/INR rose 0.34% to 110.59.
- US Dollar Index Futures were up 0.02% at 98.80.
Market Breadth Summary
The market breadth indicated a predominance of selling pressure, with declining stocks outnumbering advancing ones on both major exchanges, reinforcing the overall negative sentiment for the session.