Indian stock markets closed lower on Wednesday wherein the BSE Sensex fell by about 275 points, while the Nifty 50 ended below 25,800. Mid-cap and small-cap stocks also slipped, showing weakness in the broader market.
Among the Nifty 50 stocks, Eicher Motors, Hindalco, Tata Steel, HDFC Life, and Adani Ports emerged as the top gainers. Metal stocks outperformed the broader market on the back of firm global commodity prices and bargain buying.
On the losing side, InterGlobe Aviation (IndiGo) saw strong selling pressure and ended among the top losers. Zomato (Eternal), Trent, Bharti Airtel, and Apollo Hospitals also declined, dragging the benchmark indices lower.
Sector-wise, IT, banking, realty, capital goods and consumer durables stocks recorded losses of 0.5–1%. The metal sector bucked the trend and ended higher, while oil and gas and pharma stocks closed with modest gains.
Analysts said market sentiment remains fragile amid uncertainty over global interest rate trends and foreign fund flows. Investors are expected to stay cautious in the near term, tracking global cues, currency movement and upcoming central bank decisions.