Stock Market ends in the red; Sensex loses 500 points
The Indian stock market ended in the red on Tuesday, with the Nifty falling below the 23,900-mark and the Sensex dropping nearly 500 points.
The Indian stock market on Thursday began the New Year 2026 on a positive note, with buying across sectors, except for FMCG and pharma.
At the close, the Sensex was down 32 points, or 0.04%, at 85,188.60, while the Nifty rose 16.95 points, or 0.06%, at 26,146.55. The BSE midcap index gained 0.3%, while the smallcap index ended flat.
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Among the sectors, Nifty FMCG ended as the top loser, crashing 3.17%, while other key indices included Nifty Pharma, down 0.40%, and Healthcare, down 0.19%.
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On the other hand, Nifty Auto (up 1.03%), Realty (0.84%), Metal (0.79%), and IT (0.76%) ended with healthy gains, while Nifty Bank rose 0.22% and the Financial Services index climbed 0.19%.
On the Nifty, around 38 stocks ended higher. The top gainers included Bajaj Auto (up 2.59%), Shriram Finance (up 2.39%), and NTPC (up 2%). The top losers included ITC (down 9.69%), Tata Consumer Products (down 1.57%), and Dr. Reddy’s Laboratories (down 1.53%).
Out of 4,335 stocks traded on the BSE, 2,211 advanced, 1,952 declined, and 172 remained unchanged.
As many as 144 stocks hit their 52-week highs, while around 87 stocks hit their 52-week lows on the BSE.
Stocks hitting new highs included Reliance, Titan, and Larsen and Toubro, while those hitting new lows included ITC, Siemens Energy India, and Clean Science and Technology.
Gold and silver fell on the last trading day of 2025, but remained on track for their biggest annual gain in more than four decades as a banner year for precious metals drew to a close.
Spot gold hovered around $4,320 an ounce, while silver slid towards $71.
Shares of Vodafone Idea surged nearly 10% on the likely AGR relief and a Rs 5,836 crore payment from the Vodafone Group.
ITC shares dropped 10% to trade at Rs 362.70 apiece after the government imposed new excise duty on cigarettes.
Ashok Leyland shares were the top gainers on the index, rising more than 3%. Mahindra & Mahindra (M&M) shares followed, rising more than 1%.
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