Indian stock benchmarks finished the trading day in negative territory on Thursday, as losses in several defensive and financial sectors outpaced gains elsewhere.
At the National Stock Exchange close, the Nifty 50 slipped 0.14%. On the Bombay Stock Exchange, the Sensex 30 declined 0.16%.
Top movers on Nifty 50
- Adani Enterprises Ltd (NSE:ADEL) led the gainers, rising 3.06% or 65.60 points to finish at 2,210.00.
- Hindalco Industries Ltd. (NSE:HALC) added 2.97% or 30.00 points to close at 1,041.45.
- Trent Ltd (NSE:TREN) climbed 2.77% or 110.20 points to end the session at 4,088.40.
Lagging names on Nifty 50
- Hero MotoCorp Ltd (NSE:HROM) was the weakest, down 2.24% or 118.50 points to 5,169.00 at the close.
- HDFC Bank Ltd (NSE:HDBK) slipped 1.96% or 15.90 points to 794.00.
- Oil And Natural Gas Corporation Ltd (NSE:ONGC) fell 1.65% or 4.75 points to 282.85.
BSE Sensex 30 movers
- Eternal Ltd (BO:ETEA) rose 2.64% to 253.00.
- Adani Port and Special Economic Zone Ltd (BO:APSE) gained 1.85% to close at 1,542.60.
- Larsen & Toubro Ltd (BO:LART) added 1.05% and ended at 4,118.60.
Weakest on the Sensex
- HDFC Bank Ltd (BO:HDBK) fell 1.90% to 794.35.
- Titan Company Ltd (BO:TITN) lost 1.45% to 4,457.90.
- Mahindra & Mahindra Ltd. (BO:MAHM) declined 0.99% to 3,223.85.
Market breadth favored advancing issues. On the National Stock Exchange, 1,676 stocks advanced while 876 declined and 33 finished unchanged. On the Bombay Stock Exchange, 2,614 stocks rose, 1,473 fell and 135 ended flat.
Notably, shares of Hindalco Industries Ltd. (NSE:HALC) reached an all-time high during the session, closing up 2.97% at 1,041.45.
The India VIX, the gauge of implied volatility for Nifty 50 options, eased 2.69% to 18.17, marking a one-month low for the index.
Commodities and currencies
- Gold Futures for June delivery were up 0.09% or 4.54 to $4,828.14 per troy ounce.
- Crude oil for May delivery gained 1.29% or 1.18 to $92.47 a barrel, while the June Brent contract rose 1.59% or 1.51 to $96.44 a barrel.
- USD/INR moved down 0.07% to 93.29, and EUR/INR fell 0.29% to 109.87.
- The US Dollar Index Futures was up 0.23% at 98.07.
Overall, the session was marked by selective strength in industrial and materials-heavy names alongside pressure on consumer and banking stocks. Volatility softened even as commodity prices and currency pairs posted modest directional moves.