Hi, you’re listening to ET Markets Radio, I am your host Neha V Mahajan. Welcome to a fresh episode of ET Market Watch — where we bring you the latest news from the world of stock markets every single day. Let’s get to it:
Another flattish day for India markets: Sensex closed at 74,612 (+10 pts), Nifty at 22,545 (-2.5 pts) as banking gains offset auto losses on monthly expiry day.
Another flattish day for India markets: Sensex closed at 74,612 (+10 pts), Nifty at 22,545 (-2.5 pts) as banking gains offset auto losses on monthly expiry day.
Banking Stocks Rise: RBI’s eased lending norms boosted financials; Bajaj Finance +2.4%, HDFC Bank +1%.
Auto Stocks Fall: Sector dropped 1.6% as Tata Motors, M&M, Bajaj Auto declined over 2% each.
UltraTech Stock fell 5% after unexpected entry into wires & cables business, sparking a sector-wide selloff.
Broader Market: Nifty Midcap 100 -1.2%, Nifty Smallcap 100 -1.8%, with small stocks hit harder.
Global Cues: Nasdaq Futures +0.6%, S&P 500 Futures +0.5%, while Trump’s tariff threats weighed on European markets.
Asian Markets Mixed: Japan’s Nikkei +0.3%, Hang Seng -0.3%, Shanghai Composite +0.2%, Kospi -0.7%.
