Indian Markets End Flat Amidst Uncertainty
Indian stock market benchmarks ended nearly unchanged on Monday. The Sensex and Nifty 50 showed no significant movement. Investors remained cautious due to tariff-related news.
The 30-share Sensex closed at 83,442.50. This was a tiny gain of 9.61 points. The Nifty 50 index ended at 25,461.30. It rose by just 0.30 points. The broader market showed some weakness. The Nifty Midcap index fell by 0.27 percent. The smallcap index dropped by 0.4 percent.
Market sentiment was mixed. Uncertainty in global trade kept the mood quiet. Some large companies helped support the market. Reliance Industries and Hindustan Unilever saw gains. Bharti Airtel and Kotak Bank also ended higher.
However, other major stocks dragged the indices down. ICICI Bank and Infosys faced losses. Tech Mahindra and Bharat Electronics also pulled the market lower.
The FMCG sector was the top performer. The index rose by 1.7 percent. Hindustan Unilever was a top gainer in the Nifty 50. Its shares climbed by 3 percent. Tata Consumer and Nestle also saw good gains.
On the losing side, the media index fell by 1 percent. The IT and metal indices each dropped by 0.7 percent. Bharat Electronics was a top loser, down 2.5 percent. Tech Mahindra and ONGC also saw significant drops.
The overall market breadth was negative. On the NSE, 1,154 stocks advanced. But 1,795 stocks declined. This shows more stocks lost value than gained. Despite the flat close of the main indices, there was a lot of activity in individual stocks. More than 100 stocks hit their upper circuit. At the same time, 61 stocks reached their 52-week highs.
