Tata Motors is down 2%, the Sensex is down 213 points, and the Nifty is below 24,900

Market Close

  • Sensex fell 212.85 points to 81,583.30

  • Nifty50 dropped 93.10 points to 24,853.40

Reason for Decline

  • Rising Israel-Iran tensions

  • Surge in Brent crude prices, a negative for India (which imports most of its oil)

  • Investor caution ahead of the US Fed (FOMC) meeting


Top Gainers (Sensex)

  • Tech Mahindra: +1.33%

  • Infosys: +1.01%

  • Asian Paints: +0.93%

  • TCS: +0.57%

  • NTPC: +0.48%

Top Losers (Sensex)

  • Sun Pharma: -2.18%

  • Eternal Ltd: -1.92%

  • Tata Motors: -1.70%

  • Bajaj Finance: -1.58%

  • IndusInd Bank: -1.40%


Sectoral Performance

  • Only Gainer:

    • Nifty IT: +0.72% (helped by strong US dollar and Fed rate expectations)

  • Major Losers:

    • Nifty Pharma: -1.89%

    • Nifty Healthcare: -1.79%

    • Nifty Metal: -1.43%

    • Others: Consumer Durables, Oil & Gas, Media, PSU Banks, Realty, Auto, Financials all ended lower


Broader Market

  • Nifty Midcap 100: -0.66%

  • Nifty Smallcap: -0.69%

  • India VIX (Volatility Index): fell 2.42%, suggesting reduced short-term volatility


Conclusion: The market faced broad-based selling due to geopolitical risks and oil price concerns, with IT stocks being the only bright spot. Most sectors and broader indices ended in the red.


 

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