Stock Market closes in Red: Nifty 50 down by 0.11%, Sensex by 0.18%

The Indian stock market closed in the negative today. Nifty 50 opened at 25,939.95, reached a high of 26,041.70, and closed at 25,936.20, down by 0.11%. Similarly, the BSE Sensex opened at 84,625.71, reached a high of 84,986.94, and ended at 84,628.16, down by 0.18%.Reasons for the declineThe markets declined due to several reasons:The Foreign Institutional Investors withdrew their investments from the market.Weak cues from Asian markets amid rising concerns over trade deals.Investors are booking profits after the recent gains.Major Indices Today IndicesLTPPrev closeChangeNifty 5025,936.2025,966.05-0.11%BSE Sensex84,628.1684,778.84-0.18%Next 5069,258.2569,612.20-0.51%Bank Nifty58,214.1058,114.250.17%Fin Nifty27,453.9527,519.00-0.24% Both the Nifty and the Sensex closed in the red amid profit booking following the recent metal stocks rally.The Nifty Next 50 dropped as investors grew cautious ahead of major global events, including trade deals and the possibility of rate cuts.The Bank Nifty traded higher, led by gains in PSU bank stocks.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT35,860.4036,129.10-0.74%Nifty Auto27,148.3527,263.65-0.42%Nifty FMCG56,110.0556,428.95-0.57%Nifty Pharma22,250.9022,310.40-0.27%Nifty Healthcare14,834.1014,862.15-0.19%Nifty Oil & Gas11,746.6011,800.20-0.45% Nifty IT dropped amid a weaker rupee, which will increase the cost of offshore credit and put margin pressure on export-oriented IT firms.Nifty Auto traded in red due to weaker global cues and rising fuel costs, which are dampening the demand in the auto sector.Nifty FMCG traded lower amid concerns over trade disruptions, heavy rains, and cost pressures.Nifty Pharma remained in the red, led by a weaker rupee that hurt export-oriented pharma companies and by cautious investor sentiment.The Nifty Oil & Gas index traded lower as Oil India is unable to transfer $300 million in dividends from its stakes in Russian Oil fields, and due to Indian Oil companies halting new crude orders from Russia.Market Movers TodayJana Small Finance Bank shares dropped by 6% after the RBI returned the firm's application to convert into a universal bank.EMS stock, namely Syrma SGS Technology and Kaynes Technology shares, rose by 2% to 6% after the government of India cleared seven projects worth ₹5,532 crore in investment and ₹44,406 crore in projected output under the Electronics Component Manufacturing Scheme (ECMS).PSU Banks, namely Indian Bank, Union Bank of India, and Punjab National Bank, rose by more than 1% after Reuters reported that the RBI is planning to allow 49% foreign investment in PSU banks.MCX shares dropped by 2.2% after the commodity exchange halted trading due to technical issues.Top Gainers Company NameLTPPrev CloseChangeJindal Steel1,073.501,034.303.79%IndusInd Bank799.75770.053.86%Indus Towers385.90371.303.93%Suzlon Energy56.2253.714.67%UPL702.60679.853.35% Top Losers Company NameLTPPrev CloseChangeSupreme Industries3,814.204,000.90-4.67%Vodafone Idea9.449.97-5.32%BSE2,419.702,510.20-3.61%Torrent Power1,277.201,321.70-3.37%Adani Energy Solutions921.20946.35-2.66% 52W High Stocks Company NameLTP52W highChangeBharti Airtel2,090.202,102.600.49%State Bank of India930.25935.850.81%JSW Steel1,184.201,186.402.92%Tata Steel181.81182.062.92%Indian Oil Corporation154.52157.48-0.44% 52W Low Stocks Company NameLTP52W lowChangeWestlife Foodworld587.15583.10-0.05%Orient Cement213.37211.240.21%Go Colors652.40650.00-2.34%EMS521.90517.30-1.61%Yasho Industries1,559.201,550.00-1.15% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea9.449.97-5.32%Tata Steel181.81176.662.92%Yes Bank22.7322.77-0.18%Punjab National Bank 121.20119.631.31%SAIL 132.33129.901.87% Market AnnouncementsSupreme Industries shares dropped by 5% after the company posted a consolidated net profit of ₹164.74 crore for Q2 FY26, a drop of 20% YoY.Bata India shares dropped by 7% after the company reported a weak net profit of ₹13.89 crore, a 73% YoY decline, in its Q2 earnings.

Stock Market closes in Red: Nifty 50 down by 0.11%, Sensex by 0.18%

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