Market Recap: The Indian stock market ended in the green on Thursday, led by gains in IT and banking stocks. However, investor attention was sharply drawn to Trent, which crashed over 11%, despite recording the day’s highest trading value.
Let’s break down the numbers:
Indian Indices
| Index | Price | Change | % Change |
|---|---|---|---|
| NIFTY 50 | 25,461.00 | +55.70 | +0.22% |
| SENSEX | 83,432.89 | +193.42 | +0.23% |
| NIFTY BANK | 57,031.90 | +239.95 | +0.42% |
| NIFTY IT | 39,166.55 | +312.25 | +0.80% |
| BSE SMALLCAP | 54,830.34 | +92.17 | +0.17% |
🔹 Banking and IT stocks drove the market higher.
🔹 Smallcap stocks saw modest movement.
Most Active Stocks (By Value – NSE)
| Company | Price | Change | Value (₹ Cr.) |
|---|---|---|---|
| Trent | 5,456.00 | -735.00 | 4,101.01 |
| Reliance | 1,527.30 | +9.50 | 1,008.16 |
| Bajaj Finance | 925.30 | +15.15 | 981.89 |
| HDFC Bank | 1,989.30 | +2.20 | 782.00 |
| ICICI Bank | 1,442.80 | +16.90 | 730.92 |
🔹 Trent topped trade volumes but fell sharply.
🔹 Infosys, Reliance, and Bajaj Finance stayed positive.
Top Gainers – Nifty
| Company | Price | Change | % Gain |
|---|---|---|---|
| Bajaj Finance | 925.30 | +15.15 | +1.66% |
| Infosys | 1,640.70 | +22.00 | +1.36% |
| Dr Reddy’s Labs | 1,307.40 | +16.10 | +1.25% |
| ICICI Bank | 1,442.80 | +16.90 | +1.19% |
| Wipro | 270.05 | +3.00 | +1.12% |
🔹 IT and pharma stocks supported gains.
🔹 Bajaj Finance and Infosys led the pack.
Top Losers – Nifty
| Company | Price | Change | % Loss |
|---|---|---|---|
| Trent | 5,456.00 | -735.00 | -11.87% |
| Tata Steel | 163.01 | -2.90 | -1.75% |
| Eicher Motors | 5,629.00 | -87.00 | -1.52% |
| Tech Mahindra | 1,655.20 | -16.70 | -1.00% |
| Maruti Suzuki | 12,646.00 | -106.00 | -0.83% |
🔻 Trent saw a massive drop after lowering growth expectations.
🔻 Metal and auto stocks also faced pressure.
Market Summary: At a Glance
The Indian market ended slightly higher, thanks to solid performance by banking and IT sectors. Key stocks like Infosys, Bajaj Finance, and ICICI Bank provided strong support.
However, the spotlight was on Trent, which crashed nearly 12% after it cut near-term growth guidance, prompting broker downgrades and investor caution.
Meanwhile, Tata Steel, Eicher Motors, and Tech Mahindra were also among the laggards.
Final Take: Market Holds Ground, But Stock-Specific Moves Steal the Show
The overall mood was cautiously optimistic, but stock-specific volatility reminded investors to tread carefully. While benchmark indices ended firm, the sharp decline in Trent signals how quickly sentiment can shift when expectations aren’t met.
Going forward, the market will keep an eye on corporate earnings, sectoral cues, and global signals to gauge direction.
Disclaimer:
This article is for informational purposes only and is not financial advice. Please consult a certified advisor before making investment decisions.
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