• Source:JND
Add as a preferred

Stock Market Today: The domestic equity indices ended the session in negative territory on Friday amid looming uncertainty around the US-Iran ceasefire. The BSE Sensex closed at 77,328.19, down 516.34 points or 0.66 per cent. NSE's Nifty50 settled at 24,176.15, down 150.50 points or 0.62 per cent. 

"Markets witnessed a risk-off session following fresh US–Iran military action near the Strait of Hormuz, which weakened ceasefire hopes and triggered profit booking. However, stability in crude oil prices around $100 per barrel and benign US 10-year yields continue to provide support to the broader sentiment and the rupee," said Vinod Nair, Head of Research, Geojit Investments Limited. 
 
"Though the road ahead is slightly bumpy, optimism around a possible diplomatic resolution persists. Investors continue to focus on opportunities arising from favourable corporate earnings, with valuations in several mid- and small-cap counters still appearing attractive. Sectorally, trends remained mixed, with IT and consumer durables leading gains, indicating selective strength despite the uncertain backdrop," he added. 
 

Foreign fund outflows and a weak trend in global markets further added to the bearish trend.

Top Losers And Gainers

From the Sensex pack, State Bank of India fell 6.62 per cent after reporting March quarter earnings, while Titan rose 4.76 per cent. Meanwhile, leading jewellery and watch maker Titan reported a 35.36 per cent rise in consolidated net profit to Rs 1,179 crore in the March quarter of FY26.

Bajaj Finance, HDFC Bank, Axis Bank, Mahindra & Mahindra and UltraTech Cement were the top losers. On the other hand, Asian Paints, Adani Ports, Infosys and HCL Tech entered the positive territory.

Also Read: Bagmane Prime Office REIT IPO Fully Subscribed On Day 2; Check Latest GMP

Rupee Falls 25 Paisa

The rupee fell 25 paise to 94.47 (temporary) against the US dollar after rising in the last two sessions, as tensions between the US and Iran over the Strait of Hormuz intensified again.


Also In News