Market Overview

India’s equity markets closed lower on Tuesday, with the Nifty 50 and BSE Sensex each slipping 1.16%. The decline was driven by weakness across the Metals, IT and Technology sectors.

Equity Indices

  • The Nifty 50 finished at a 1.16% loss.
  • The BSE Sensex 30 also ended 1.16% down.

Top Gainers on the Nifty 50

  • Cipla Ltd rose 1.36% (19.30 points) to close at 1,435.00.
  • Power Grid Corporation of India Ltd added 0.83% (2.40 points) to end at 292.15.
  • Dr Reddy’s Laboratories Ltd gained 0.79% (10.20 points) to settle at 1,300.90.

Biggest Losers on the Nifty 50

  • Infosys Ltd fell 3.42% (36.40 points) to 1,029.00, hitting a five‑year low.
  • Wipro Ltd dropped 3.21% (5.79 points) to 174.39, also a five‑year low.
  • Tata Consultancy Services Ltd declined 3.20% (68.00 points) to 2,059.80, reaching a five‑year low.

BSE Sensex 30 Performers

  • Power Grid Corporation of India Ltd rose 0.95% to 292.60.
  • Maruti Suzuki India Ltd edged up 0.07% to 13,422.20.
  • Axis Bank Ltd slipped 0.07% to close at 1,357.90.

BSE Sensex 30 Decliners

  • Infosys Ltd fell 3.37% to 1,029.50, a five‑year low.
  • Tata Consultancy Services Ltd dropped 3.16% to 2,060.00, a five‑year low.
  • Tata Steel Ltd declined 2.99% to 193.00.

Advancers vs. Decliners

  • On the NSE, 784 stocks advanced, 1,755 declined and 43 were unchanged.
  • On the BSE, 1,417 stocks advanced, 2,589 fell and 158 remained unchanged.

Volatility and Commodities

  • The India VIX, measuring implied volatility of Nifty 50 options, surged 10.78% to 14.23.
  • Gold Futures (August) slipped 1.31% (55.25 points) to $4,147.45 per ounce.
  • Crude Oil (August) fell 0.19% (0.14 dollars) to $73.72 per barrel.
  • Brent (September) declined 0.22% (0.17 dollars) to $77.35 per barrel.

Currency and Futures

  • The USD/INR exchange rate rose 0.16% to 94.83.
  • The EUR/INR fell 0.13% to 108.06.
  • The US Dollar Index Futures were up 0.15%, trading at 100.95.