Stock market ends lower amid selling in select heavyweights
At the close, the Sensex was 142 points, or 0.19%, lower at 75,867.80, while the Nifty 50 settled with a nominal loss of 7 points, or 0.03%, at 23,907.15.
At the close, the Sensex was 142 points, or 0.19%, lower at 75,867.80, while the Nifty 50 settled with a nominal loss of 7 points, or 0.03%, at 23,907.15.
The combined market valuation of four of the top-10 most valued firms surged by Rs 2.20 lakh crore last week.
The combined market valuation of the top 10 domestic firms eroded sharply by Rs 4.48 lakh crore last week. Major banks, including the State Bank of India and HDFC Bank, took the biggest hit.
Last week, the combined market valuation of eight of the top-10 most-valued firms eroded by Rs 2,81,581.53 crore.
At close, the Sensex was down 1,097 points or 1.37% at 78,918.90, and the Nifty was down 315.45 points or 1.27% at 24,450.45.
The combined market valuation of eight of the top 10 valued firms spiked by Rs 4.55 trillion last week. In the list, Reliance Industries emerged as the biggest winner.
The BSE 150 Midcap index inched up by 0.10%, while the BSE 250 Smallcap index slipped 0.19%.
The combined market valuation of nine of the top 10 most valued firms slumped by Rs 2.51 lakh crore last week.
The Union Budget 2026 is expected to prioritise higher public investment, ease of doing business and gradual fiscal consolidation, supported by a more buoyant revenue outlook, according to a budget preview by ICICI Bank Research.
SBI's market valuation jumped Rs 39,045.51 crore to Rs 9,62,107.27 crore, becoming the biggest gainer, while Infosys surged Rs 31,014.59 crore to Rs 7,01,889.59 crore.
