Sensex Today, Nifty 50 | Stock Markets Higlights: Despite a positive beginning, the 30-share BSE Sensex failed to carry forward the momentum and declined 171.72 points, or 0.22%, to settle at 77,369.11. The 50-share NSE Nifty slipped 32.95 points, or 0.14%, to end at 24,219.05.
Among the 30 Sensex firms, Adani Ports, Bharat Electronics, Bajaj Finance, Bajaj Finserv, Trent, Axis Bank, State Bank of India, and Tata Consultancy Services were among the laggards. Tata Steel, HCL Tech, Infosys, and Hindustan Unilever were among the major winners.
Brent crude, the global oil benchmark, dropped 1.68% to $92.80 per barrel.
At the interbank foreign exchange, the rupee opened at 95.65, then touched an intraday high of 95.64 and a low of 95.75 and finally settled for the day at 95.74 (provisional) against the greenback, lower by 3 paise from its previous close.
Foreign Institutional Investors (FIIs) offloaded equities worth ₹542.71 crore on Friday, according to exchange data.
The rupee opened at 95.65, then touched an intraday high of 95.64 and a low of 95.75 and finally settled for the day at 95.74 (provisional) against the greenback
The employee reservation portion led with 1.19 times subscription; Retail Individual Investors subscription at 0.82 times, NII category is at 0.86 times. QIB remained the weakest segment at 0.35 times
Sensex settled 171.72 pts or 0.22% lower at 77,369.11 and Nifty 50 was down 32.95 pts or 0.14% to 24,219.05.
Sectorally, metal index outperformed while banking stocks witnessed significant pressure.
Net profit jumps 82% to ₹19 crore; Q1 revenue rises 6.8% y-o-y to ₹830.5 crore
The Non-Institutional Investor (NII) category stood at 0.62 times, while Qualified Institutional Buyers (QIBs) trailed significantly at just 0.43 times their allotted quota of 84,32,000 shares.
“The sharp rally in gold underscores the metal’s enduring appeal as a safe-haven asset amid evolving global macroeconomic cues and reflects the catapult effect that had held back the bull-run of the yellow metal price. While the immediate direction will be influenced by US inflation data, dollar movement and clarity on the Federal Reserve’s interest-rate trajectory, we expect gold to remain structurally well supported in the medium term.
In India, elevated prices may lead consumers to be more value-conscious and planned in their purchases, with a greater preference for lighter, design-led and higher-value jewellery rather than a material decline in sentiment. The upcoming festive and wedding-buying period should continue to support demand, particularly as gold remains deeply embedded in both celebration and long-term wealth preservation. However, after such a sharp run-up, some near-term consolidation and volatility should be expected given the new developments in geopolitical situation.”
Suzlon aims for 5 GW renewable capacity in Andhra Pradesh by 2030, creating 4,000 jobs through new wind projects.
CheQ, India’s leading credit card management platform, today announced the launch of CheQ UPI, expanding its proposition from credit management into everyday digital payments. The new offering enables users to make seamless UPI payments using linked bank accounts and RuPay credit cards by scanning any UPI QR code across India’s merchant network.
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