Closing Bell: Market closes in the negative, Nifty down by 0.23%, Sensex by 0.21%

Today, the Indian markets closed in the negative. Nifty opened at 25,177.30, made a high of 25,267.30, and closed at 25,227.35, down by 0.23%. Sensex opened at 82,049.16, and made a high of 82,438.50. It closed at 82,327.05, down by 0.21%.Reasons for the declineThe market declined due to several reasons:The U.S.-China tariff tensions led to the global slowdown.Asian markets fell sharply due to global uncertainties, which also dragged Indian markets.Major Indices Today IndicesLTPPrev closeChangeNifty 5025,227.3525,285.35-0.23%BSE Sensex82,327.0582,500.82-0.21%Next 5068,569.6568,687.25-0.17%Bank Nifty56,625.0056,609.750.03%Fin Nifty26,885.2526,842.750.16% Both Nifty and Sensex closed in the red, dragged by the losses in heavyweight IT and consumer sectors.Nifty Next 50 traded lower, mirroring the benchmark index and drop in Avenue Supermarts, Hindustan Aeronauticals, Indian Hotels, and Godrej Consumer Products shares.The Bank Nifty and Fin Nifty were up, driven by gains from Axis Bank, Federal Bank, SBI and Kotak Mahindra Bank due to expectations of credit growth and improving asset quality.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT35,330.8035,609.05-0.78%Nifty Auto26,698.1526,721.20-0.09%Nifty FMCG54,473.8554,966.45-0.90%Nifty Pharma22,205.1022,218.25-0.06%Nifty Healthcare14,746.9514,742.250.03%Nifty Oil & Gas11,436.0511,467.25-0.27% Nifty IT declined with the loss in Infosys, TCS, Wipro and Tech Mahindra after renewed tariff tensions and cautious sentiment among the investors ahead of Q2 earnings.Nifty Auto was dragged by Tata Motors, Eicher Motors, Balkrishna Industries and Tube Investments due to concerns on domestic demand.Nifty FMCG traded negatively with ITC, Hindustan Unilever, Nestle and Godrej Consumer Products shares as a result of weak rural demand.Nifty Pharma was pushed down by the drop in Glenmark, Sun Pharma and Biocon shares after profit booking from recent gains.The Nifty Oil & Gas index declined with a drop in Reliance, ONGC, BPCL, and Adani Total Gas shares and tracking global crude oil fluctuations.Market Movers TodayKFin Technologies shares rose by 6% after global brokerage firm Citi upgraded its rating to ‘Buy’ from ‘Sell’.BLS International Services' share dropped by 18% after the Ministry of External Affairs banned the company from participating in future tenders of the ministry and the India Mission abroad for two years.Vodafone Idea shares dropped by 2% after the Supreme Court deferred the AGR plea to October 27.Waree Renewable Technologies' share rose by 13.5% after the company reported its consolidated net profit more than doubled to ₹116.34 crore for Q2FY26.Top Gainers Company NameLTPPrev CloseChangeKFin Technologies1,143.801,072.506.65%Torrent Power1,283.601,239.303.57%Fortis Healthcare1,095.151,060.303.29%L&T Finance266.58256.044.12%HDFC AMC5,669.005,520.002.70% Top Losers Company NameLTPPrev CloseChangeKaynes Technology India6,838.507,102.00-3.71%Voltas1,378.501,417.30-2.74%Vodafone Idea8.739.04-3.43%Syngene International633.90651.30-2.67%Avenue Supermarts4,202.604,320.40-2.73% 52W High Stocks Company NameLTP52W highChangeState Bank of India882.95888.100.26%Eternal348.35351.300.01%Indian Bank783.50787.850.93%Nippon Life India AMC884.55907.001.46%RBL Bank290.00296.40-0.55% 52W Low Stocks Company NameLTP52W lowChangeUrban Company155.71152.83-0.66%Godrej Agrovet669.95649.901.36%Westlife Foodworld626.15620.15-2.43%Sapphire Foods278.65271.40-0.20%Tips Music540.80536.00-1.50% High Volume Stocks Today Company NameLTPPrev CloseChangeYes Bank24.0324.000.13%Suzlon Energy54.3554.310.07%Tata Motors660.75678.95-2.68%Tata Steel173.03173.86-0.48%IDFC First Bank73.7174.43-0.97% IPOsRubicon Research and Canara Robeco Asset Management Company IPOs closed today; the price bands set were ₹461-₹485 and ₹253-₹266, respectively.Canara HSBC Life Insurance IPO is open and will close on October 14th. The price band is set at ₹ 100-₹ 106.Listed TodayTata Capital shares are listed today at a premium of 1.23% at ₹330 on NSE and BSE. The price band was set at ₹326 per share.Market AnnouncementsServotech Renewable Power Systems won an order from the South Eastern Railway for a 2.58MW solar rooftop project in Ranchi Division.Shares of CE Infosystems rose by 8% on expectations of further government push after Railway Minister Ashwini Vaishnaw posted about the features of one of its products - Mappls - on his social media platform. References:INDEX CONTRIBUTION - NIFTY PharmaWaaree Renewable Tech soars 14% after Q2 profit doubles – What next for investors?Green energy stock Servotech Power gets 2.58 MW solar project from Indian Railways. Details hereCE Info Systems, maker of MapMyIndia rises 8 percent as Ashwini Vaishnaw nudges users to explore app

Closing Bell: Market closes in the negative, Nifty down by 0.23%, Sensex by 0.21%

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