On Thursday, the Indian bourses closed the day trading in red with the Nifty 50 opening at 24,202.35, reaching a high of 24,310.20, and closing at 24,173.05, down by 0.84%.The Indian share market traded in red due to rising tensions between the US and Iran, including reports of naval confrontations and renewed warnings of potential strikes, which has significantly increased caution among the investors.Reasons for the negative sentimentThe following are the reasons for the negative sentiment in the stock market:The rise in crude oil prices amid uncertainty over US–Iran negotiations.Weak cues from Asian markets.The rupee dropped by 34 paise to 94.12 against the U.S dollar.Major Indices Today IndicesLTPPrev closeChangeNifty 5024,173.0524,378.10-0.84%BSE Sensex77,664.0078,516.49-1.09%Next 5070,410.3571,346.20-1.31%Bank Nifty56,305.0057,124.45-1.43%Fin Nifty26,247.2026,625.25-1.42% The major indices, Nifty 50 and Sensex, traded in red, dragged by Banking and Automobile stocks.Nifty Next 50 traded lower, dragged by Beverages, Power, and Realty stocks.Nifty Bank traded in the red amid concerns over persistent foreign outflows.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT30,124.3030,496.25-1.22%Nifty Auto25,828.1026,450.25-2.35%Nifty FMCG51,140.5051,199.00-0.11%Nifty Pharma22,986.3522,455.452.36%Nifty Healthcare14,790.6514,484.902.11%Nifty Oil & Gas11,414.0011,501.05-0.76% Nifty IT traded in the red due to cautious investor sentiment ahead of Infosys Q4 earnings.Nifty Auto traded lower on higher crude prices.Nifty FMCG traded lower amid profit-booking after the recent rally.Nifty Pharma traded in the green after the brokerage firm Nomura said the domestic pharmaceutical market grew 10.1% YoY in March.Nifty Oil and Gas traded lower after India’s crude oil production dropped 2.5% to 28 million metric tonnes in 2025-26, according to petroleum and natural gas ministry data.Market Movers Today BHEL shares rose by 2% on expectations of a healthy business outlook.KP Energy shares rose by 8% after the company received an interstate electricity trading licence from the CERC to expand access to nationwide power markets.Tata Communications shares rose by 5% after the brokerage firm JM Financial maintained a ‘Buy’ rating after strong Q4 earnings.Havells India shares dropped by 7% after brokerage firms like Nomura, ICICI Securities, MOFSL, and JM Financial cut the target price amid weak Q4 earnings.Top Gainers Company NameLTPPrev CloseChangeDr Reddy's Laboratories1,331.001,217.009.37%Oracle Financial Services Software8,791.508,126.508.18%Piramal Pharma163.87153.816.54%Cipla1,305.901,236.305.63%Torrent Power1,737.001,657.404.80% Top Losers Company NameLTPPrev CloseChangeUnion Bank of India179.71194.05-7.39%Havells1,260.301,348.70-6.55%Ashok Leyland170.63178.97-4.66%Force Motors20,750.0021,770.00-4.69%TVS Motors3,513.003,660.70-4.03% 52W High Stocks Company NameLTP52W highChangeAdani Power214.18217.25-0.68%Hindalco Industries1,041.351,049.000.14%Adani Green Energy1,214.151,240.001.27%Adani Energy Solutions1,361.251,389.45-0.50%Hitachi Energy31,720.0031,875.004.57% 52W Low Stocks Company NameLTP52W lowChangeHCL Technologies1,277.601,272.00-0.60%Elitecon International40.9539.25-0.61%TechNVision Ventures5,850.355,811.90-0.84%ELCID Investments124,625.25124,200.05-1.21%Gujarat Natural Resources98.7595.050.61% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea9.589.540.42%Yes Bank20.0319.990.20%Suzlon Energy53.7354.57-1.54%Eternal259.92262.99-1.17%IRFC105.06105.82-0.72% Market AnnouncementsBharat Coking Coal shares dropped by 5% after the company reported a 15% YoY fall in revenue at ₹3,282.95 crore.Oracle Financial Services Software shares rose by 6% after the company reported a 38.1% QoQ growth in net profit to ₹841.7 crore.
