Indian stock markets ended Monday’s session on a flat note, with marginal gains following a volatile trading day marked by mixed sectoral performances. This comes after markets snapped a four-day winning streak in the previous session.
At closing, the NSE Nifty rose by 15.30 points or 0.06% to settle at 25,532.35, while the BSE Sensex edged up 33.24 points or 0.04% to end at 83,639.70.
“The Nifty closing above the previous day’s low suggests that the recent dip was likely just a profit-booking pause in the broader rally,” said Praveen Dwarakanath, Vice President of Hedged.in. He noted that momentum indicators on shorter time frames hint at a potential upward movement from current levels.
Among top Nifty gainers were Apollo Hospitals, Bharat Electronics Ltd (BEL), and Reliance Industries, while Nestle India and Axis Bank led the list of laggards.
On the sectoral front:
- Nifty Media, FMCG, and Financial Services 25/50 indices ended in the red.
- Nifty PSU Bank and Nifty Oil & Gas posted modest gains.
Of the 3,020 stocks traded, 1,491 advanced, 1,452 declined, and 77 remained unchanged.
VLA Ambala, Co-founder of Stock Market Today, noted that attention in upcoming sessions will shift toward sectors likely to be impacted by India’s anticipated trade agreements. “Key sectors to watch include agriculture, auto, textiles, electronics, pharma, EVs, and energy,” Ambala said.
Meanwhile, gold prices climbed, with gains of 1.58% to USD 3,359.25 on Comex and 1.29% to ₹97,305 on MCX as of 15:46 IST, reflecting steady demand for safe-haven assets amid global uncertainties.