The Nifty50 fell 150.50 points (0.62%) to close at 24,176.15, while the Sensex declined 516.33 points (0.66%) to settle at 77,328.19.
Broader markets remained mixed:
Nifty Midcap fell 0.15%
Nifty Smallcap gained 0.22%
Impact On The Stock Market
Sector-wise, the pressure was clearly visible in banking and energy-related stocks.
Top Losers
- Nifty PSU Bank fell nearly 3%, emerging as the worst-performing sector of the session.
- Nifty Oil & Gas declined around 1% as rising crude oil prices and geopolitical tensions weighed on sentiment.
- Private Banks, Metals, Power, and Realty indices also ended lower, reflecting broader risk-off sentiment in the market.
Top Gainers
- Nifty IT managed to outperform as investors shifted towards defensive sectors.
- Healthcare stocks witnessed buying interest amid market volatility.
- Consumer Durables remained resilient with selective stock-specific gains.
- FMCG stocks also ended in the green as investors preferred stable consumption-driven businesses.
| Sector/Index | Performance |
| IT & BPM sector | 1.21% |
| Healthcare sector | 0.17% |
| Oil & Gas sector | -0.94% |
| Real estate sector | -0.47% |
| PSU Bank in India | -3.06% |
Top gainers today
| Company | Share Price (in ₹) | Change % |
| Titan Company | 4,509.00 | 4.68 |
| Apollo Hospital | 8,097.00 | 3.32 |
| Asian Paints | 2,599.90 | 2.74 |
| TATA Cons. Prod | 1,176.20 | 2.13 |
| Adani Ports | 1,760.40 | 1.59 |
Top losers today
| Company | Share Price (in ₹) | Change % |
| SBI | 1,019.30 | -6.66 |
| Coal India | 456.40 | -2.20 |
| HDFC Bank | 780.85 | -1.91 |
| Axis Bank | 1,268.30 | -1.89 |
| Bajaj Finance | 955.35 | -179 |
Market aftermath: Impact on stocks
SBI Slides After Earnings Miss
State Bank of India fell nearly 7% after reporting quarterly earnings below market expectations. The bank posted a 5.6% rise in net profit to ₹19,684 crore, but weaker treasury income and lower overall income growth disappointed investors.
Despite improving asset quality and steady loan growth, analysts advised caution for short-term traders as the stock continues to show weak momentum.
Swiggy Narrows Losses Amid Strong Growth
Swiggy reported a narrower net loss of ₹800 crore compared to ₹1,081 crore last year, while revenue surged 45% to ₹6,383 crore. The company highlighted strong growth in food delivery and quick commerce, with Instamart’s gross order value rising nearly 69% year-on-year.
Management also indicated improving unit economics and better margins in the delivery business.
Urban Company Faces Pressure Despite Revenue Jump
Urban Company reported widening losses as aggressive expansion spending continued to weigh on profitability. The company posted a net loss of ₹159 crore versus ₹3 crore last year, even as revenue grew 42.5% to ₹426 crore.
The increased spending was mainly linked to scaling up InstaHelp, its quick home services platform, as competition intensifies in the segment.
Crude Oil
Crude oil prices moved higher again after fresh military exchanges between the US and Iran near the Strait of Hormuz. Brent crude climbed to around $101.75 per barrel, while WTI crude rose above $96 as fears of supply disruption returned to global markets. Reports suggested Iranian forces launched missiles and drones near US naval destroyers, prompting retaliatory strikes by the US on Iranian military facilities.
Since the Strait of Hormuz is one of the world’s most important oil shipping routes, any escalation immediately impacts energy prices. For India, rising crude oil prices remain a key concern because they can increase inflation, raise import costs, pressure corporate margins and impact overall market sentiment.
Conclusion
Today’s session reflected a cautious market environment where global geopolitical developments overshadowed domestic positives. While sectors like IT and healthcare managed to provide some support, weakness in banking and oil-linked stocks dragged the indices lower.
Investors are currently balancing strong domestic growth trends against rising global uncertainty and volatile crude oil prices. Going forward, markets are likely to remain sensitive to developments around the Iran-US conflict, movements in oil prices and the pace of corporate earnings growth.
