Market Commentary End Session News Details

Local stocks ended with modest losses

(14-Oct-26   17:30)

The key domestic indices ended slightly lower. Nifty FMCG, Nifty IT and Nifty Chemicals shares advanced, while Nifty Pharma and Nifty Healthcare Index shares retreated.

As per provisional closing data, the barometer index, the S&P BSE Sensex, edged lower by 251.89 points or 0.34% to 72,781.89. The Nifty 50 index posted modest losses of 99.25 points or 0.44% to 22,622.70.

The broader market performed better than frontline indices. The BSE 150 MidCap Index moved lower by 0.05% and the BSE 250 SmallCap Index moved higher by 0.08%.

The market breadth was positive. On the BSE, 2934 shares rose and 2329 shares fell. A total of 191 shares were unchanged.

Kotak Mahindra Bank Ltd was the top traded stock in NIFTY50 index today, recording a quantity of 249.75 lakh shares and posted a sharp drop of 12.04% compared to last one-week’s average daily volume. The stock has rallied 7.13% in last one-month and has moved higher 1.99% over last one year.

HDFC Bank Ltd was the second highest traded stock in NIFTY50 index today, recording a quantity of 239.45 lakh shares and registered a sharp increase of 3.54% compared to last one-week’s average daily volume. The stock has drifted lower by around 0.36% in last one-month and has slumped 26.92% over last one year.

Index action

The Nifty FMCG index moved higher by 1.21% to 45271.7 today. The index has eased by 1.05% in last one week and has posted modest losses of 0.22% over last one month. It has retreated substantially by 17.89% in last one year. Nestle India Ltd (up 3.69%), Tata Consumer Products Ltd (up 2.91%), Britannia Industries Ltd (up 2.64%), Dabur India Ltd (up 2.55%) and Colgate-Palmolive (India) Ltd (up 1.41%) moved higher.

The Nifty Pharma index edged lower by 1.30% to 25736.95 today. The index has slipped by 1.79% in last one week and has edged lower 0.43% over last one month. It surged by 17.43% in last one year. Divis Laboratories Ltd (down 2.82%), Sai Life Sciences Ltd (down 2.07%), Dr Reddys Laboratories Ltd (down 1.94%), Mankind Pharma Ltd (down 1.56%) and Sun Pharmaceutical Industries Ltd (down 1.37%) traded lower.

The Nifty Healthcare Index index moved lower by 1.25% to 15663.0 today. The index is slightly lower by 1.49% in last one week and has inched lower by 2.69% over last one month. It has edged higher by 7.55% in last one year. Divis Laboratories Ltd (down 2.82%), Krishna Institute of Medical Sciences Ltd (down 2.39%), Dr Reddys Laboratories Ltd (down 1.94%), Mankind Pharma Ltd (down 1.56%) and Sun Pharmaceutical Industries Ltd (down 1.37%) retreated.

The Nifty Chemicals index rose for a third session in a row today. P I Industries Ltd (up 4.17%), Swan Corp Ltd (up 3.25%), UPL Ltd (up 3.23%), Jubilant Ingrevia Ltd (up 2.83%) and Chambal Fertilisers & Chemicals Ltd (up 2.22%) traded higher.

Global Markets

European markets posted a modest rise.

DOW futures are trading a little higher by 0.31% today.

MCX Crude oil futures are higher by 1.84% at Rs 8952.0 per barrel.

Indian Rupee futures ended slightly lower by 0.79% at 95.69.

NIFTY50 futures ended with a modest loss of 0.81% at 22650 and are in a premium of 27 points compared to NIFTY50.