The Indian stock market ended Tuesday’s trading session on a flat but positive note, with investors showing caution while selectively buying in banking and financial stocks. The Sensex closed at 81,991.75 points, gaining around 100 points or 0.16 percent. The Nifty also managed to stay above the psychological mark of 25,000 and finished at 25,083.75 points, up by 0.13 percent. The Nifty Bank followed suit, ending at 55,755.45 points with modest gains of 0.10 percent.
The session was marked by resilience in large financial names and strength in the Bajaj twins, which helped offset losses in power and FMCG counters. Among the top gainers were ICICI Bank, Bajaj Finance, Bajaj Finserv, Reliance Industries and Titan. Financial and banking stocks provided the biggest boost to the indices as investors placed fresh bets on this sector.
On the other side, some heavyweights dragged the market lower. PowerGrid, NTPC, Hindustan Unilever, Adani Ports and Eicher Motors saw selling pressure and limited the overall upward momentum. Market watchers attributed this cautious mood to global uncertainties and domestic valuation concerns, though steady inflows from retail and institutional investors kept the market stable.
A big development in today’s trade was the sharp fall in shares of the Bombay Stock Exchange, which slipped nearly 7 percent after SEBI Chairman Tuhin Kanta Pandey hinted at changes to the tenure of equity derivatives contracts. Investors worried that any regulatory changes in this segment could affect revenue streams, since derivatives contribute significantly to earnings of both exchanges and brokerages. Shares of Angel One also came under pressure as nearly three-fourths of its business depends on the derivatives segment.
Outside the benchmark indices, sectoral performance painted a mixed picture. Plastics stocks gained around 1 percent while Gems and Jewellery, Paper and Petroleum-related stocks also showed strength with gains in the range of 1 percent. This indicates that despite the cautious tone, select pockets of the market continue to attract strong buying.
Group-wise activity was also notable in today’s trade. The Anil Ambani Group stocks jumped almost 5 percent while Nagarjuna and Patodia Group stocks advanced between 2 and 4 percent. On the weaker side, stocks from the Manipal Group, GMR Group and Avanta Group slipped by 2 to 2.5 percent.
Overall, the trading day reflected a balanced mood. While the broader indices did not make major moves, investors were seen taking selective positions in financials and metals while trimming exposure to defensives. Analysts believe that as long as Nifty holds above the 25,000 mark, momentum may continue, though volatility could increase in the near term with global cues and policy developments influencing sentiment.
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