Closing Bell: Stock market snaps 6-day winning streak! Sensex slips 271 pts, Nifty drops 121 points - Details

Stock Market Closing Bell: The market ended lower on Tuesday as both benchmark indices snapped their six-day winning streak. The Sensex closed at 84,679.76, down 271.19 points or 0.32 per cent, while the Nifty slipped 121.40 points or 0.47 per cent to 25,892.05.

Investors stayed cautious ahead of key U.S. economic data that may influence expectations for a possible Federal Reserve rate cut next month. Most sectors traded with a mildly negative bias, with weakness visible in metals, realty, mid-cap and consumer-oriented sectors.

Banking stocks remained relatively steady, supported by selective strength in media and PSU lenders. Overall, the broader mood in the market was soft and suggested a phase of consolidation.

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Sensex Stock Movement

Among Sensex constituents, Bharti Airtel, Axis Bank, Asian Paints, Titan, Power Grid, Maruti, Reliance and SBI managed to hold steady with minor gains.

Stocks such as ITC, Tata Steel, TMPV, NTPC, Kotak Bank, ICICI Bank, HDFC Bank, TCS, Sun Pharma, UltraTech Cement, L&T, M&M, HCL Tech, Trent, BEL and Hindustan Unilever closed in the red.

The sharper declines were seen in Tech Mahindra, Infosys, Bajaj Finserv, Eternal, Bajaj Finance and Adani Ports, which weighed on the benchmarks throughout the session.

Broader Market Performance

The broader market also moved in tandem with the benchmark indices, showing mostly negative sentiment. The Nifty Next 50, Midcap 50, Midcap 100, Midcap 150, Smallcap 50, Smallcap 100, Smallcap 250 and MidSmall 400 all ended lower.

The Nifty 100, Nifty 200, Nifty 500, Nifty Total Market and Nifty Microcap indices also declined, indicating weakness across large-cap, mid-cap and small-cap segments.

Sectoral Trends

Sectoral indices reflected the same cautious tone. Nifty Auto, Bank, Energy, Financial Services, FMCG, IT, Media, Metal, Pharma, PSU Bank, Realty, Private Bank, Healthcare, Consumer Durables, Oil & Gas, Chemical, MidSmall Healthcare and Nifty 500 Healthcare all closed lower.

Realty, Metal, IT, and Smallcap-related indices showed deeper cuts, while banks and selective financial counters remained comparatively stable.