Sensex Today | Stock Market LIVE Updates: Ten of the 13 major sectors declined at open. The broader small- and mid-caps traded flat. The Nifty IT index was under pressure during trade, dragged down by TCS, Infosys, and Wipro. Auto and Oil & Gas sectors also saw notable weakness, while Financials and PSU Banks slipped moderately. Broader markets, including Nifty Midcap100 and Smallcap100, were also trading in the red.
Why stock market is down today? 4 key factors
1. Weak Q1 Earnings from TCS
2. Trump’s New Tariff Plans Worry Investors
3) Oil Rises on Possible Russia Sanctions
4) SEBI Crackdown on Pump-and-Dump Operations
Top reads
- TCS shares tumble 2% after Q1 show fails to cheer D-Street. Should you buy, sell, or hold?
- HUL shares rally 4% as Priya Nair gets CEO role: Why D-St is betting big on India’s new consumer queen
- Jefferies unleashes value hunt: 11 buy stocks including 3 Adani bets as India market hits stretched valuations
Top trades of the day
- IREDA shares slip 6% after Q1 profit falls 36% YoY to Rs 247 crore
- HUL shares rally 4% after Priya Nair’s appointment as MD & CEO
- Tata Elxsi shares crack 7% after Q1 profit drops 22% YoY to Rs 144 crore
- Zee Entertainment shares fall 6% after fundraising plan fails amid shareholder pushback
Global market update
- S&P 500 futures fell 0.3% as of 11:59 a.m. Tokyo time
- Japan’s Topix rose 0.7%
- Hong Kong’s Hang Seng rose 1.4%
- The Shanghai Composite rose 0.6%
- Euro Stoxx 50 futures fell 0.3%
