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A range of domestic and global factors is expected to influence the direction of Indian stock markets today
Sensex Today (Source: Freepik)
Indian stock markets were trading lower on Thursday after a flat start, as investors digested the June quarter earnings of key companies including Infosys, Dr Reddy’s Laboratories, IEX, Coforge, and Tata Consumer Products.
At last check, the BSE Sensex was down 116 points, or 0.14 per cent, at 82,611, while the NSE Nifty50 slipped 13 points, or 0.05 per cent, to 25,207. The decline comes on a day when the benchmark Nifty also faces its weekly F&O expiry.
Among the top drags on the Nifty were Trent, Kotak Mahindra Bank, Ultratech Cement, Bajaj Finance, Axis Bank, TCS, Infosys, Reliance Industries, Coal India, ICICI Bank, and SBI. On the other hand, Tata Consumer Products, Dr Reddy’s Labs, Tata Motors, Eternal, Nestle India, Eicher Motors, Sun Pharma, and JSW Steel were among the top gainers.
In the broader market, the Nifty MidCap and Nifty SmallCap indices slipped between 0.07 per cent and 0.2 per cent.
Sector-wise, the Nifty IT index was the biggest laggard, down up to 1 per cent amid weak sentiment following Q1 results. Shares of Persistent Systems, Coforge, and Infosys fell as much as 6 per cent intraday after posting their quarterly earnings. Other IT stocks like TCS, LTIMindtree, and Mphasis were also under pressure.
The Nifty Realty and Nifty Private Bank indices were also trading in the red, while the Nifty Pharma index gained 0.6 per cent and the Nifty Metal index edged up 0.34 per cent.
Global Cues
Asian markets traded largely higher on Thursday, boosted by upbeat trade developments between the US and Japan and signs of progress in discussions with the European Union. The rally was also supported by a strong overnight performance from Wall Street. Japan’s Topix index climbed 1.2 percent to a record high, while the Nikkei rose 1.09 percent, extending gains following the US-Japan trade agreement. The Kospi added 1.6 percent, and Australia’s ASX 200 was flat.
On Wall Street, the S\&P 500 logged its third consecutive record close, rising 0.78 percent to 6,358.91 — its 12th record close of 2025. The Dow Jones Industrial Average surged 507.85 points, or 1.14 percent, to finish at 45,010.29. The Nasdaq Composite advanced 0.61 percent to 21,020.02, marking its first-ever close above the 21,000 level.
Globally, investors will also watch for the European Central Bank’s interest rate decision, weekly US jobless claims, and flash PMI data for services and manufacturing from key economies including the UK, Japan, and the Eurozone. These developments are likely to set the tone for market sentiment through the day.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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