Mumbai: Domestic equity markets closed lower on Tuesday as profit-taking dominated amid persistent foreign fund outflows and global tariff-related concerns. Weak quarterly results from key companies also added pressure, contributing to a cautious market sentiment.
The BSE Sensex dropped 250.48 points (0.30%) to close at 83,627.69, after touching an intraday low of 83,262.79, while the NSE Nifty 50 fell 57.95 points (0.22%) to 25,732.30.
Among the Sensex 30 stocks, Trent, Larsen & Toubro, Reliance Industries, InterGlobe Aviation, Maruti, ITC, Adani Ports, and Bharat Electronics were major losers. In contrast, Eternal, ICICI Bank, Tech Mahindra, State Bank of India, and Tata Consultancy Services (TCS) recorded gains.
Stocks Showing Buying Interest
Strong buying momentum was observed in Authum Investment, Maharashtra Scooter, PVR, Motilal Oswal, City Union Bank, Oil India, and Manappuram Finance, with several breaching their 52-week highs—indicating potential bullish trends.
Stocks Showing Bearish Signals
The MACD indicator signaled weakness in Dixon Technologies, Vodafone Idea, AU Small Finance Bank, Trent, HEG, Larsen & Toubro, and Graphite India, suggesting a possible start of downtrends in these counters.
Disclaimer: The stock recommendations mentioned are based on analysis by individual brokers and analysts, not Navbharat Times. Investors are advised to consult certified financial advisors before making investment decisions, as market conditions can change rapidly.
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