Equity markets in India finished the trading day in negative territory on Thursday, with the Nifty 50 and the BSE Sensex both posting declines amid sector-wide weakness. The Nifty 50 fell 0.57% by the close on the National Stock Exchange, while the Sensex 30 on the Bombay Stock Exchange lost 0.66%.
Sector pressure came primarily from shares in Technology, Real Estate and Oil & Gas, which collectively pushed overall indices lower. Notable individual moves diverged from the broader trend, however, with a handful of financial and auto names gaining ground.
Top performers
- Bajaj Finance Ltd (BJFN) was the session's strongest gainer on the Nifty 50, rising 3.31% - a gain of 32.05 points - to finish at 1,001.00.
- Shriram Finance Ltd. (SHMF) climbed 2.48% or 26.20 points to close at 1,083.00, reaching an all-time high in the process.
- Eicher Motors Ltd. (EICH) advanced 2.13% or 165.50 points, ending the day at 7,936.50 and also marking an all-time high for the stock.
Largest decliners
- Tech Mahindra Ltd (TEML) led losses, tumbling 6.39% or 104.50 points to close at 1,529.90 on the NSE and 6.25% to 1,532.05 on the BSE.
- Infosys Ltd (INFY) fell 6.09% or 89.70 points to 1,382.20 on the NSE - a move that drove the stock to a 52-week low - and declined 5.94% to 1,385.00 on the BSE.
- Tata Consultancy Services Ltd. (TCS) dropped 5.77% or 167.90 points to 2,741.90 on the NSE, a level the release characterises as a five-year low; on the BSE it lost 5.71% to settle at 2,743.15.
Breadth and exchange-level detail
The session saw a clear skew toward falling issues. On the National Stock Exchange, declining stocks outnumbered advancing ones by 1,647 to 865, with 37 stocks unchanged. On the Bombay Stock Exchange, 2,386 shares fell and 1,597 advanced, while 145 were unchanged.
Additional notable moves
- Shares of Shriram Finance Ltd. (SHMF) rose to all-time highs, closing at 1,083.00.
- Shares of Infosys Ltd (INFY) fell to 52-week lows, ending at 1,382.20 on the NSE and 1,385.00 on the BSE.
- Shares of Eicher Motors Ltd. (EICH) rose to all-time highs, closing at 7,936.50.
- Tata Consultancy Services Ltd. (TCS) reached five-year lows, closing at 2,741.90 on the NSE and 2,743.15 on the BSE.
- State Bank Of India (SBI) recorded an all-time high on the BSE, rising 0.76% or 8.95 points to close at 1,191.95.
- On the BSE, ICICI Bank Ltd (ICBK) was among the gainers, up 1.86% to settle at 1,432.00.
Volatility, commodities and currencies
Volatility, as measured by the India VIX for Nifty 50 options, increased 1.65% to 11.74, reflecting a modest rise in implied volatility after the risk-off moves.
In commodities trading, April gold futures were lower, down 0.30% or 15.39 to $5,083.11 a troy ounce. Crude oil prices also eased: the March contract fell 0.50% or 0.32 to $64.31 a barrel, and the April Brent contract slipped 0.58% or 0.40 to $69.00 a barrel.
Currency moves included USD/INR declining 0.18% to 90.56, and EUR/INR slipping 0.10% to 107.61. The US Dollar Index Futures was marginally lower, down 0.01% at 96.71.
Closing note
The trading day closed with the market narrowing into less optimistic territory and a small uptick in implied volatility. Separately, the release included a promotional query about investment opportunities in 2026 and described a data and AI-driven product positioned to help investors evaluate ideas, noting it aims to combine institutional-grade data with AI-powered insights.