Smallcaps slipped into the green on Friday, which is a reminder that markets can be as unpredictable as a weekend weather forecast. IT, FMCG, and healthcare stocks offered some relief, but traders seem to be picking up the “risk-off” tool again in their playbook instead of heading into aggressive buying.
STOCK MARKET CLOSING (3:30 PM)
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- Sensex: 77,344.47, down 500.05 points or 0.64%
- Nifty 50: 24,180.50, down 146.15 points or 0.60%
Indian equity markets traded lower as investors remained cautious amid global uncertainty, persistent volatility, and sector-wide selling pressure, dragging both Sensex and Nifty deeper into the red during trade.
Top Gainers In Stock Market Today
- Asian Paints
- Apollo Hospitals
- Tata Consumer
- Adani Ports
- Titan Company
Top Losers In Stock Market Today
- SBI
- Coal India
- HDFC Bank
- Bajaj Finance
- Axis Bank
Stock Market On Wednesday
Dalal Street spent Thursday acting like an indecisive weather forecaster, stormy one minute, sunny the next. The Sensex dipped only 114 points in volatile trading, while the Nifty stayed above the 24,330 level, buoyed by hopes of a de-escalation of geopolitical stress as news floated of a possible US-Iran peace deal.
But the real fiesta was in the wider market. Midcaps and smallcaps ignored the risk-off sentiment as both indices outperformed benchmark peers. Auto, defence, and metal stocks attracted buyers, while FMCG and IT counterparts seemed to be begging for a weekend break from market pressure.
(With Inputs)
(Disclaimer: This article is for informational purposes only and should not be considered investment advice. The views, opinions, and recommendations expressed herein are those of the respective experts. Readers are advised to consult a qualified financial advisor before making any investment decisions.)
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