Sensex & Nifty 50 | Stock Market Live Updates Today: Markets Open Lower After Tuesday’s Rally; Nifty Slips Below 22,700 Despite IT Gains
Key Highlights of Today
💠 Market Opens Lower:The Sensex declined 0.16% to 72,920.46, while the Nifty 50 fell 44.45 points (0.20%) to 22,677.50 in early Wednesday trading, following Tuesday’s strong rally. The Nifty touched an intraday high of 22,730.55 and a low of 22,663.80.
💠IT Stocks Lead Sectoral Gains:Nifty IT gained 1.32% to 30,224.30, emerging as the strongest-performing sectoral index. FMCG advanced 0.37%, while Media rose 0.27%, providing support amid broader market weakness.
💠 Nifty Top Gainers: TCS led Nifty 50 gainers, rising 3.03%, followed by HCLTech (+1.95%), Nestlé India (+1.90%), Infosys (+1.81%) and Coal India (+1.41%), reflecting continued buying interest in technology stocks.
💠 Nifty Top Losers: Shriram Finance declined 1.59%, followed by Bajaj Finance (-1.01%), Adani Ports (-0.99%), BSE (-0.90%) and Jio Financial Services (-0.75%), as selling pressure weighed on financial and select other stocks.
💠 Rupee Strengthens to ₹95.05 per Dollar: The Indian rupee appreciated against the US dollar, with USD/INR declining 0.25% to ₹95.05, compared with its previous close of ₹95.29. Recent RBI measures to ease dollar demand have supported the currency’s recovery.
💠Brent Crude Rises 0.66% to $106.39 per Barrel:Brent crude futures advanced $0.70 to $106.39, compared with the previous close of $105.69. Higher oil prices remain a concern for India’s import bill, inflation outlook and overall market sentiment.
💠 Gold Edges Higher, Silver Declines:December gold futures gained 0.02% to ₹1,48,480 per 10 grams, while silver futures slipped 0.02% to ₹2,19,171 per kg, reflecting mixed movements in precious metals during early trading.
💠 Sectoral Performance: While IT, FMCG and Media recorded gains, Pharma declined 0.69%, followed by Realty (-0.67%), Metal (-0.42%), Infrastructure (-0.36%) and Financial Services (-0.28%), indicating cautious market participation.
💠 Market Outlook: Investors will monitor whether IT sector momentum can offset broader selling pressure, alongside Q2 FY27 earnings, foreign fund flows, rising crude oil prices, rupee movements and global market developments to assess the market’s direction.
