IndusInd Bank, ONGC, Trent, Bajaj Auto and Eicher Motors were the majo….

IndusInd Bank, ONGC, Trent, Bajaj Auto and Eicher Motors were the major laggards on the index. At close, the Sensex was down 217.41 points or 0.29 percent at 74,115.17, and the Nifty was down 92.20 points or0.41 percent at 22,460.30. About 1147 shares advanced, 2776 shares declined, and 140 shares unchanged. Barring all FMCG, all other 12 indices ended in the negative. The broader market, represented by mid and smallcap indices underperformed. Both are down over 24 percent and 27 percent from their peaks, yet analysts remain wary of valuations, warning that further downside may be ahead. \”Global headwinds continue to drag the market sentiment, with the rise in US unemployment rates and tariffs leading to uncertainty, indicating that volatility is here to stay for the near term,\” said Vinod Nair, Head of Research at Geojit Financial Services.

Leave a Comment