Indian Stock Market Live: Nifty, Sensex Near Day’s Low; HDFC Bank, ICICI Bank Lead Decline
The Indian stock market witnessed a decline on Wednesday, with the Nifty falling nearly 0.22% at 25,801.80 and the Sensex falling nearly 194.61 points to 84,485.25 as of 12 p.m. The shares of Ola Electric, Meesho, and Akzo Nobel were in focus.
Among other news updates, the iconic Tata Sierra on Wednesday announced that they have recorded over 70,000 confirmed bookings on the very first day of bookings. Additionally, 1.35 lakh prospective customers also submitted their preferred configuration as they are progressing to complete booking formalities, the Mumbai-based auto major said.
Indraprastha Gas Ltd. Shares Jump Over 7%
Indraprastha Gas Ltd. shares jumped over 7% intra-day, marking the stock’s biggest single-session move in over six-months, as multiple positive triggers came together to revive investor confidence after a sharp correction. To know more about the reasons behind this surge, you can visit our page on Indraprastha Gas Ltd. shares.
Persistent global uncertainties and constant selling from foreign investors have dampened sentiment in Indian markets, leading to a significant drop in cash market volumes, according to Anand Rathi Share & Stockbroking CMD Pradeep Gupta. Speaking to NDTV Profit, Gupta highlighted how the market is currently grappling with a ‘hangover’ in sentiment, even as market experts see major tailwinds heading into 2026.
Indian Equities Trading Lower
Indian equities were trading lower, extending the decline for the third day. Nifty fell nearly 0.22% at 25,801.80 and Sensex fell nearly 194.61 points to 84,485.25 as of 12 p.m. Intraday, both Nifty and Sensex fell nearly 0.30%. Nifty fell 0.27% at 25,789.05, while Sensex fell 0.69% to 84,437.91.
Broader Indices Trading Lower
Broader indices were trading lower, with Nifty Midcap 150 falling 0.33% and Nifty Smallcap 250 trading 0.31% lower. Most sectoral indices fell, led by Nifty Media and Nifty Defence. However, Nifty IT was up nearly 0.23%. To learn more about the current trends in the IT sector, you can visit our page on Nifty IT trends.
Top Nifty Gainers and Losers
SBI, Axis Bank, Shriram Finance, TCS, and Hindalco were top Nifty gainers. On the other hand, HDFC Bank, ICICI Bank, Max Health, Kotak Mahindra Bank, and Mahindra & Mahindra were top Nifty losers. Over 4.06 million shares of Power Grid were traded via a block deal on Wednesday, with the share of Power Grid rising as much as 0.92% to Rs 262.75 apiece. For more information on block deals and their impact on the market, you can visit our page on block deals in stock market.
Market Outlook
The Indian stock market is expected to remain volatile in the coming days, with investors closely watching the earnings season and global economic trends. To stay ahead of the curve, it’s essential to stay informed about the latest market developments and trends. You can visit our website for more information on Indian stock market news and stock market tips.
Investor Sentiment
Investor sentiment remains cautious, with many investors adopting a wait-and-watch approach. However, with the earnings season underway, there are opportunities for investors to make informed decisions. To learn more about investor sentiment and how to make informed investment decisions, you can visit our page on investor sentiment in stock market.
Conclusion
In conclusion, the Indian stock market witnessed a decline on Wednesday, with the Nifty and Sensex falling due to persistent global uncertainties and constant selling from foreign investors. However, with the earnings season underway, there are opportunities for investors to make informed decisions. Stay tuned for more updates on the Indian stock market and visit our website for more information on stock market analysis and investment strategies.