Stock Market Today: Nifty 50 closed down by 0.37%, Sensex by 0.41%

The Indian stock market closed in the red. Nifty 50 opened at 25,935.10, reached a high of 25,944.15, and closed at 25,795.15, down by 0.37%. Similarly, the BSE Sensex opened at 84,667.23 and reached a high of 84,707.44, then ended at 84,211.88, down 0.41%.Reasons for the negative sentimentThe markets declined due to several reasons:FII selling after the recent Diwali-led rally.Weaker-than-expected results from major FMCG companies like Hindustan Unilever and Colgate Palmolive.Weaker HSBC Flash Composite PMI data at 59.9, down to a 5-month low in October.Major Indices Today IndicesLTPPrev closeChangeNifty 5025,795.1525,891.40-0.37%BSE Sensex84,211.8884,556.40-0.41%Next 5069,355.9069,434.35-0.11%Bank Nifty57,699.6058,078.05-0.65%Fin Nifty27,395.3027,556.65-0.59% Both the Nifty and Sensex closed in the red, as investors stay cautious ahead of the US - India trade deal.The Nifty Next 50 declined, dragged down by the financials and FMCG stocks.The Bank Nifty dropped over profit booking after hitting fresh highs.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT35,986.3536,078.65-0.26%Nifty Auto27,108.7027,218.75-0.40%Nifty FMCG56,348.1056,772.45-0.75%Nifty Pharma22,357.3522,481.25-0.55%Nifty Healthcare14,862.8514,986.65-0.83%Nifty Oil & Gas11,624.0511,601.150.20% Nifty IT dropped amid uncertainty over trade deals, which can have a huge impact on the sector.Nifty Auto traded lower after profit booking after the strong festive season and weak PMI data, which indicated slower demand.Nifty FMCG traded in the red after weak corporate earnings from Hindustan Unilever and Colgate-Palmolive.Nifty Pharma dropped after profit booking in major stocks like Cipla, Glenmark Pharma, and Torrent Pharma.The Nifty Oil & Gas index traded higher amid rising global crude oil prices, driven by supply concerns and sanctions on Russian oil companies.Market Movers TodayMetal stocks, namely, NALCO, Hindalco, Hindustan Copper, and Vedanta, rose by 3-4% after the news that US President Donald Trump will meet Chinese President Xi Jinping in South Korea on October 30.Cipla shares dropped by 3% after profit-taking following the rally driven by the Eli Lilly deal.Bharat Forge shares rose by 4% after securing orders from the Indian army.Defence sector stocks, namely Bharat Dynamics, BEML, Garden Reach Shipbuilders and Engineers, Cochin Shipyard, Paras Defence, Bharat Electronics, Mazagon Dock, and Mishra Dhatu rose between 0.78%-2.72% after the Defence Acquisition Council approved various army contracts worth ₹79,000 crore.Top Gainers Company NameLTPPrev CloseChangeSammaan Capital188.25174.407.94%Vodafone Idea9.629.521.05%Indian Energy Exchange147.05144.521.75%Vedanta495.60483.252.56%Tata Elxsi5,544.005,471.001.33% Top Losers Company NameLTPPrev CloseChangeFortis Healthcare1,037.301,049.45-1.16%Cipla1,584.401,645.10-3.69%Dalmia Bharat2,098.402,133.80-1.66%Dixon Technologies15,490.0015,611.00-0.78%Ultratech Cement11,918.0012,145.00-1.87% 52W High Stocks Company NameLTP52W highChangeMRF1,60,190.001,63,600.00-1.30%Cummins India4,183.204,205.602.68%DCB Bank157.67163.70-0.35%Federal Bank227.40232.20-0.20%Hindalco824.45826.504.04% 52W Low Stocks Company NameLTP52W lowChangeCellecor Gadgets27.5525.75-5.65%Jindal Saw180.22179.10-3.68%JSW Cement135.27133.72-0.16%Oriental Hotels124.34120.35-0.66%Quess Corp234.10231.85-0.38% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea9.629.521.05%Yes Bank22.6722.72-0.22%NALCO236.10228.28 3.43%Canara Bank125.70126.24-0.43%Eternal326.60328.35-0.53% IPOs Listed TodayMidwest shares made a strong debut on the BSE, trading 9.39% above the issue price at ₹1,165. The IPO had a price band set at ₹1,014 to ₹1,065 per share.Market AnnouncementsHindustan Unilever shares dropped by 3% after the company posted a muted profit of ₹2,694 crore for Q2 FY26, up by 4% YoY.Colgate Palmolive India shares dropped by 3.8% after the company reported a net profit of ₹327.5 crore, a drop by 17% YoY in its Q2 earnings.

Stock Market Today: Nifty 50 closed down by 0.37%, Sensex by 0.41%

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