Nifty and Sensex Slide, Tech Mahindra Leads the Decliners

The Indian stock market witnessed a significant pullback today, with the Nifty index closing at 23,951.7, reflecting a decline of 1.6%. During the trading session, Nifty peaked at 24,065.8 before falling to a low of 23,553.4. Meanwhile, the Sensex fluctuated between 79,587.15 and 77,874.59, ultimately closing at 79,218.05, down by 1.35%, or 1,065.59 points.

The broader market also underperformed, with the Nifty Midcap 50 dropping by 2.75% and the Nifty Small Cap 100 falling 2.24%, ending at 19,133.1 after a 429.4-point loss.

Nifty Performance Snapshot

• Last 1 Week: -4.83%
• Last 1 Month: 0.95%
• Last 3 Months: -8.61%
• Last 6 Months: 0.02%
• Last 1 Year: 11.45%

Top Gainers and Losers in Nifty Today

• Top Gainers:
  • Dr. Reddy’s Laboratories (+1.36%)
  • ICICI Bank (+0.47%)
• Top Losers:
  • Tech Mahindra (-4.05%)
  • Trent (-3.98%)
  • Mahindra & Mahindra (-3.67%)
  • IndusInd Bank (-3.58%)
  • Axis Bank (-3.36%)

The Bank Nifty closed at 51,575.7, having moved between an intraday high of 51,629.0 and a low of 50,609.35.

Bank Nifty Performance

• Last 1 Week: -5.32%
• Last 1 Month: 0.72%
• Last 3 Months: -5.68%
• Last 6 Months: -2.02%
• Last 1 Year: 6.93%

Sensex Performance Highlights

• Top Gainers:
  • Nestle India (+0.30%)
  • ICICI Bank (+0.06%)
• Top Losers:
  • Tech Mahindra (-3.96%)
  • IndusInd Bank (-3.53%)
  • Axis Bank (-3.36%)
  • Mahindra & Mahindra (-3.28%)
  • Tata Motors (-2.71%)

Nifty MidCap 50 and Small Cap 100 Highlights

• MidCap 50 Top Gainers: Petronet LNG
• MidCap 50 Top Losers: Sundaram Finance, Mphasis, IDFC First Bank, Phoenix Mills, CG Power & Industrial Solutions
• Small Cap 100 Top Gainers:
  • Data Patterns India
  • Titagarh Rail Systems
  • KEC International
  • Five Star Business Finance
  • Raymond
• Small Cap 100 Top Losers:
  • RBL Bank
  • Angel Broking
  • Central Depository Service India
  • Welspun Living
  • Indiamart Intermesh

The market’s broad sell-off today highlights the continued volatility, with several heavyweights in the banking and tech sectors leading the declines. Investors remain cautious as market trends shift ahead of year-end.