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Indian Indices
I)Nifty: opened at 24185 and touched a high of 24242, then a low of 24072, and closed at 24167 with a total of +41 points in Positive.
II) Bank Nifty: opened at 55414 and touched a high of 55961, then a low of 55243, and closed at 55647 with a total of +342 points in Positive.
III) CNX Finance: opened at 26519 and touched a high of 26726, then a low of 26459, and closed at 26624, with a total of +189 points in Positive.
IV) Nifty Mid Select: opened at 11985 and touched a high of 12143, then a low of 11939 and closed at 12095, with a total of +143 points in Positive.
NSE Advance and Decline
Nifty 500 Top Gainer Market
Nifty 500 Top Losser Market
Sectoral Performance
Outperforming stocks vs. Nifty 500over 1 week
Underperforming Stock vs Nifty 500 over 1 week
Stock With Rising Volume
Headlines
📈 Market Overview
Sensex and Nifty Extend Winning Streak: The Sensex rose by 187 points (0.24%) to close at 79,595.59, while the Nifty 50 gained 41.70 points (0.17%) to settle at 24,167.25. This marks the sixth consecutive session of gains for both indices. Business & Finance News+5mint+5Business News Today+5
Midcap and Smallcap Indices Outperform: The BSE Midcap and Smallcap indices outpaced the benchmarks, each rising by approximately 0.81% and 0.82%, respectively. mint
🏦 Banking Sector Boost
RBI's Liquidity Measures Lift Financial Stocks: The Reserve Bank of India (RBI) eased liquidity norms by lowering the buffer rate on digitally linked deposits to 2.5% and reducing the 'run-off' factor on wholesale deposits from non-financial entities to 40%. This move is expected to ease funding pressures on banks, benefiting lenders like Kotak Mahindra Bank and HDFC Bank, which rose 2.3% and 2.1%, respectively. Reuters
IndusInd Bank Declines Amid Audit: Contrasting the sector's gains, IndusInd Bank shares fell nearly 4% following reports of a second forensic audit concerning a ₹6 billion discrepancy in interest income. Reuters
🏗️ Sectoral Highlights
FMCG and Metal Stocks Shine: The Nifty FMCG index climbed 1.89%, with ITC and Hindustan Unilever (HUL) each gaining around 2%. Metal stocks also saw a 1% rise after the government imposed temporary safeguard duties on certain steel imports to curb cheap shipments, primarily from China. Reuters+1Business News Today+1
IT Stocks Face Pressure: The Nifty IT index declined by 0.5%, with major players like Infosys and Bharti Airtel experiencing losses amid global uncertainties. Business News Today
💼 Corporate Developments
UBS Sells India Wealth Business to 360 ONE WAM: UBS has agreed to sell its Indian onshore wealth management business to Mumbai-based asset manager 360 ONE WAM for approximately ₹3.07 billion ($36 million). In conjunction, UBS will acquire warrants for a 4.95% stake in 360 ONE, valued at around ₹19 billion ($223 million), signaling a strategic partnership. Reuters+1Reuters+1
🌍 Global Influences
Markets Resilient Amid Global Uncertainty: Despite weak global cues, including U.S. President Donald Trump's criticism of Federal Reserve Chair Jerome Powell and concerns over U.S. tariff policies, Indian markets remained resilient, extending their gains.
I am Devesh Gupta, a Junior Analyst at Seben Capital, where I specialize in finance with a focus on market research and data analysis. I support investment decisions by translating complex financial data into actionable insights. My role at Seben Capital allows me to contribute significantly to our investment strategies, leveraging my analytical skills to drive success.
