Dalal Street traded in red on Monday, as NSE Nifty50 slipped below 25,000 and BSE Sensex dipped over 700 points as weak investor sentiment persisted amid foreign fund outflows, tariff-related worries and ongoing geopolitical concerns. The indices later recovered.At 12:30, NSE Nifty50 was trading at 25,668, down 14 points or 0.06%. BSE Sensex was down 88 points or 0.11% at 83,487. Market sentiment remained under strain as foreign institutional investors sold equities worth Rs 3,769.31 crore on Friday, even as domestic institutional investors stepped in with purchases worth Rs 5,595.84 crore, exchange data showed. Here’s a list of top gainers and losers on Nifty50 and Sensex at 12:30 pm.
Nifty50 top gainers
- Coal India – 3.02%
- Asian Paints – 1.89%
- SBI Life – 1.36%
- Trent – 1.35%
- Hindalco – 0.95%
- JSW Steel – 0.91%
- HDFC Life – 0.91%
- NTPC – 0.90%
- Tata Steel – 0.87%
- Tata Consumer – 0.84%
Nifty50 top losers
- Eicher Motors – (1.53%)
- Eternal – (1.19%)
- Bajaj Finance – (0.95%)
- Adani Ports & SEZ – (0.87%)
- L&T – (0.79%)
- BEL – (0.76%)
- Jio Financial Services – (0.75%)
- Titan Company – (0.72%)
- M&M – (0.71%)
- Tata Motors – (0.7%)
BSE Sensex top gainers
- Asian Paints – 1.87%
- IndusInd Bank – 1.67%
- Tata Steel – 0.90%
- NTPC – 0.90%
- ICICI Bank – 0.71%
- HUL – 0.66%
- Tech Mahindra – 0.47%
- Bajaj Finserv – 0.31%
- ITC – 0.2%
- SBI – 0.22%
BSE Sensex top losers
- Tejas Networks – (10.98%)
- Signature Global – (5.90%)
- GE T&D India – (5.60%)
- Reliance Infrastructure – (5.00%)
- Radico Khaitan – (4.82%)
- Maharashtra Scooters – (4.75%)
- Elecon Engineering – (4.75%)
- City Union Bank – (4.44%)
- Swan Energy – (4.16%)
- Apar Industries – (4.01%)
However, concerns over global and India-specific developments continued to dominate investor thinking. “The market has turned distinctly weak, weighed down by a series of India-specific and global geopolitical events. Geopolitical developments in Venezuela, the crisis in Iran and Trump’s threats regarding Greenland are also being viewed by the markets with concern,” said VK Vijayakumar, chief investment strategist at Geojit Investments. Meanwhile, Asian markets offered some relief, with South Korea’s Kospi, China’s SSE Composite and Hong Kong’s Hang Seng trading higher, while US markets closed in positive territory on Friday. Meanwhile, Brent crude rose 0.24% to $63.49 per barrel. On Friday, the Sensex had already fallen 604.72 points, or 0.72%, to close below the 84,000 mark at 83,576.24, while the Nifty declined 193.55 points, or 0.75%, to 25,683.30.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
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