Sensex, Nifty 50 snap four-day gaining streak as stocks see profit booking at higher levels


Sensex Today | Stock Market Highlights: The Sensex fell 153 points to close at 81,774, while the Nifty slipped 62 points to 25,046. The broader markets underperformed the benchmarks, with the Nifty Midcap index losing 423 points to end at 57,867. The Nifty Bank index also declined 221 points to settle at 56,018.

Sensex Today | Stock Market Highlight: The domestic equity market ended lower on Wednesday, snapping a four-day winning streak as investors booked profits at higher levels. Despite the weakness, the Nifty managed to hold above the 25,000 mark.

Buying was seen in large-cap IT stocks ahead of Tata Consultancy Services’ (TCS) quarterly earnings announcement due tomorrow, with shares of major IT names rising between 1 and 3%. Titan was the top Nifty gainer, rallying over 4% after the company posted a healthy business update for the September quarter. Among financials, SBI Card and RBL Bank rose 2–5%, while Bandhan Bank and several PSU banks slipped following the RBI’s draft norms on exposure limits.

Metal stocks largely held on to recent gains, led by Nalco and Hindustan Copper. However, auto shares saw profit booking after a positive start, with Tata Motors falling over 2% following weak Q2 sales from its subsidiary Jaguar Land Rover, which reported a 24% drop in wholesales. M&M was the top Nifty loser, down nearly 2%, while Samvardhana Motherson fell more than 2% after its client BMW issued a profit warning.

In the broader space, hospital stocks continued their winning run, with Yatharth Hospital surging over 9% and Fortis Healthcare up 2%. Gold-related companies such as Bluestone, Sky Gold, and Thangamayil Jewellers rose up to 5%, tracking strength in bullion prices. On the other hand, Godrej Consumer Products slipped 3% after reporting low single-digit volume growth in Q2, while Anant Raj dropped 5% after reports suggested its QIP indicative price was set at a discount.

Among midcaps, Kaynes Technology, Uno Minda, Oberoi Realty, Titagarh Rail Systems, and Zee Entertainment were among the top losers of the day.



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