The Indian stock market ended today’s trading session on a flat note, swinging between the red and green zones throughout the day. The Sensex closed at 80,746.78, a slight increase of 105.71 points or 0,13%, while the Nifty finished at 24,409.90, up by 30.30 points or 0.12%.
In contrast, the Nifty Bank index saw a modest rise, closing at 54,494.85, up by 0.41%. Meanwhile, the India VIX, which measures market volatility, stood at 19.10, up by 0.55%.
“Even as the country is in the middle of a military action against terrorists network across the border, markets witnessed gyration during intra-day trades but eventually managed to shrug off the uncertainty to end slightly higher. While the mood will be of caution due to Indo-Pak war tension, markets could witness choppy sessions with stock-specific activity over next few days,” said Prashanth Tapse, Senior VP (Research), Mehta Equities.
Here are the key highlights of today’s trading session
Top gainers of the day
Among the top gainers in today’s session were Tata Motors, Bajaj Finance, M&M, Adani Ports, and Tata Steel. These stocks saw positive movements, helping the indices maintain a steady performance despite market fluctuations.
Key laggards
On the flip side, there were several stocks that faced pressure. Asian Paints, Sun Pharma, HCL Technologies, ITC, Reliance, and Nestle India were among the notable laggards, with their stocks experiencing declines during the trading session.
Markets stable amid Operation Sindoor
Despite the ongoing tension along the India-Pakistan border, the stock market showed resilience, closing relatively stable. This comes after the Indian Armed Forces conducted a series of precision strikes targeting terrorist infrastructure in Pakistan and Pakistan-occupied Kashmir (PoK). These actions were in retaliation to the recent deadly terror attack in Pahalgam, which claimed the lives of 26 tourists.
Sector performance
The BSE Midcap index rose by 1.3%, while the Smallcap index gained 1% in today’s session. Among sectoral indices, all except FMCG and pharma closed in the green, with auto, media, realty, and consumer durables each rising by 1%.
Currency update
On the currency front, the Indian Rupee ended the day lower at 84.83 against the US Dollar, down from the previous close of 84.43.