Today Indian stock market dropped all major indices over 2 percent, pushing down the Sensex which dropped 280 points and Nifty reached around 22850. Key sectors such as auto, FMCG, pharma and IT were all down by 2% as well. On the other side of the trade Tata Consumer, HCL Tech, NTPC, JSW Steel and Kotak Mahindra Bank were all top gainers.
Stock Market Today: Key Indices Performance
- Sensex: 75,822.46 (-144.93, -0.19%)
- Nifty 50: 22,890.95 (-54.35, -0.24%)
- Nifty Bank: 49,151.75 (+64.45, +0.13%)
Top Gainers and Losers
Biggest Gainer:
- Bharat Electronics Ltd (BEL): ₹248.30 (+1.51%)
Biggest Loser:
- Dr Reddy’s Laboratories: ₹1,153.40 (-3.67%)
Sector-Wise Market Performance
Best Performing Sector:
- Nifty PSU Bank: 5,916.40 (+0.75%)
Worst Performing Sector:
- Nifty Pharma: 20,523.50 (-2.13%)
Nifty Pharma Index Drops 2% Amid Market Pressure
The Nifty Pharma index continued its downward trend, falling 2% intraday. This marks the second consecutive day of losses. Leading pharma stocks faced significant declines:
| Company | CMP (₹) | Change (%) |
| Aurobindo Pharma | 1,091.55 | -6.17% |
| Zydus Life | 871.75 | -4.63% |
| Lupin | 1,927.45 | -4.27% |
| Dr Reddy’s Labs | 1,150.35 | -3.93% |
| Cipla | 1,449.40 | -2.21% |
Key Market Developments
Tata Steel UK Gets Approval for Electric Arc Furnace Project
Tata Steel UK’s proposal for an electric arc furnace in Port Talbot has been approved by the Neath Port Talbot Council’s Planning Committee. Having the UK government invest directly onto India improves India’s employment rate drastically. This investment, along with the UK governments £500 million funds, are expected to save 5000 jobs and improve CO2 emissions on-site by more than 90 percent.
Brahma Purchased Metaphysic an AI Content Technology
Brahma, the DNEG Group AI and content technology leader, has purchased Metaphysic, an AI content manufacturing powerhouse. With this acquisition, Brahma is poised to strengthen its already strong foothold on the AI and media landscape further.
Auto Sector Struggles as US government to impose a 25%
The Nifty Auto Index has faced another 0.5% cut, bringing its total to 4 consecutive losses. The auto sector has been struggling due to rising global trade conflicts and the most recent decision taken by The US government to impose a 25% tax on imported automobiles during the Trump administration. Key auto stocks saw a dip:
| Company | CMP (₹) | Change (%) |
| Bharat Forge | 1,056.05 | -1.94% |
| Mahindra & Mahindra (M&M) | 2,755.15 | -1.25% |
| Ashok Leyland | 220.74 | -0.69% |
| Maruti Suzuki | 12,724.40 | -0.48% |
Mahindra Lifespace Partners with Livingstone Infra
Mahindra Lifespace has partnered with Livingstone Infra for a cluster redevelopment project in Mahalaxmi, Mumbai. The project is valued at ₹1,650 crore and is expected to boost the real estate sector in the region.
Market Outlook & Conclusion
The stock market remains under pressure due to sectoral declines in pharma, IT, FMCG, and auto, along with global trade tensions. However, Tata Steel’s expansion plans and strategic acquisitions like Brahma-Metaphysic indicate long-term growth potential in specific sectors.
Investors should stay updated with global policy changes and sectoral trends to make informed trading decisions. For more real-time updates, visit Moneycontrol.com.
