Stock markets slipped after a flat start on Friday as investors responded to the June quarter (Q1FY26) results of Axis Bank, Wipro, and LTIMindtree. Additionally, caution prevailed ahead of updates on the India-US trade deal, with reports indicating a possible 10–15 per cent tariff imposition by the US on Indian goods.
At 9:30 hours, the 30-share benchmark index was trading at 82074.89 down by -184.35 points or by -0.22 % and then NSE Nifty was at 25108.55 down by -2.9 points or by -0.01 %.
Sensex touched intraday high of 82334.75 and intraday low of 82036.42 The NSE Nifty touched intraday high of 25108.55 and intraday low of 25108.55
The top gainers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 3236.20,+1.32%), Power Grid Corporation of India Ltd. (Rs. 300.30,+1.23%), Tata Steel Ltd. (Rs. 161.60,+1.09%), Tata Motors Ltd. (Rs. 685.40,+0.54%), Tata Consultancy Services Ltd. (Rs. 3224.95,+0.51%), among others.
The top losers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 1107.10,-4.55%), Bharti Airtel Ltd. (Rs. 1905.30,-1.27%), Kotak Mahindra Bank Ltd. (Rs. 2151.00,-0.96%), Eternal Ltd. (Rs. 258.15,-0.62%), Mahindra & Mahindra Ltd. (Rs. 1555.05,-0.54%), among others.
Metal index was at 31534.35 up by 209.65 points or by 0.67%. Jindal Stainless Ltd. (Rs. 694.20,+2.31%), NMDC Ltd. (Rs. 70.65,+1.58%), Tata Steel Ltd. (Rs. 161.60,+1.09%), Steel Authority of India (SAIL) Ltd. (Rs. 135.00,+1.05%), Jindal Steel & Power Ltd. (Rs. 957.55,+0.83%),.
Bankex index was at 62951.65 down by -635.16 points or by -1%. Axis Bank Ltd. (Rs. 1107.10,-4.55%), Kotak Mahindra Bank Ltd. (Rs. 2151.00,-0.96%), HDFC Bank Ltd. (Rs. 1978.65,-0.40%), ICICI Bank Ltd. (Rs. 1415.55,-0.25%), State Bank of India (Rs. 826.90,-0.21%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3044 , shares advanced were 1707 while 1169 shares declined and 168 were unchanged.