The BSE Sensex stood at 84,391.27, down by 275.01 points, or 0.32%. Similarly, the NSE Nifty50 closed at 25,758, a decline of 81.65 points, or 0.32%.
The broader markets also ended lower, with the Nifty MidCap 100 index falling by 1.12% and the Nifty SmallCap 100 index closing 0.90% lower.
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Impact on the stock market
Sector-wise performance
Sector-wise, the Nifty Consumer Durables index was the top loser, dropping 1.72%, followed by declines in IT (0.89%) and PSU Bank (0.70%) indices. On the flip side, the Nifty Metal and Media sectors saw some positive movement, ending as the top gainers for the day.
| Sector/Index | Performance |
| IT & BPM sector | -0.87% |
| Healthcare sector | -0.00% |
| Oil & Gas sector | 0.11% |
| Real estate sector | -0.36% |
| PSU Bank in India | -0.70% |
Top gainers today
| Company | Share Price (in ₹) | Change % |
| Eicher Motors | 7,228.50 | 1.48 |
| Hindalco Industries | 821.75 | 1.09 |
| HDFC Life Insurance | 771.05 | 1.07 |
| Tata Steel | 162.23 | 0.97 |
| Coal India | 382.15 | 0.74 |
Top losers today
| Company | Share Price (in ₹) | Change % |
| Interglobe Aviation | 4,805.50 | -3.26 |
| Eternal Ltd | 283.25 | -2.90 |
| Trent | 4,018.30 | -1.64 |
| Adani Enterprise | 2,211.60 | -1.50 |
| Shriram Finance | 837.25 | -1.12 |
Market aftermath: Impact on stocks
Swiggy: Extending gains after strong QIP demand
Shares of Swiggy surged by more than 2% today, hitting Rs 406.90 per share, marking the highest level seen in nearly two weeks. The stock continued its upward momentum after Swiggy’s QIP (Qualified Institutional Placement) received strong investor interest.
Swiggy is raising Rs 10,000 crore through the QIP, with strong demand from top mutual funds like SBI, ICICI Prudential, and HDFC Mutual Fund. Over 4x demand has been recorded for the offering, which is set to strengthen Swiggy’s expansion efforts in food delivery and quick-commerce. Swiggy aims to scale its operations and enhance its fulfillment network, particularly for its Instamart business. Despite being down 25% in 2025, Swiggy has gained 12% in the past six months, showing recovery potential.
AU Small Finance Bank hits 52-week high on foreign investment approval
AU Small Finance Bank shares soared to a 52-week high of Rs 1,007.25, up by 3.62%, following the approval by the Department of Financial Services to increase its foreign investment limit to 74% from 49%.
This approval allows the bank to attract more foreign capital, providing it with significant growth potential. The stock has risen more than 5% in the last two trading sessions, reflecting investor optimism. The bank’s move to expand its foreign investment cap comes at a time when financial institutions are actively seeking to boost their foreign investor base for enhanced liquidity and business expansion.
Hindustan Zinc: Benefiting from silver price rally
Hindustan Zinc saw a sharp rise of 5%, hitting Rs 515 per share, after silver prices reached all-time highs. The company, which is India’s largest producer of silver, benefited from the surge in silver prices, which hit Rs 1,90,799 per kilogram for March expiry and continued to hover near $61 an ounce.
Silver’s price rally is driven by industrial demand, supply constraints, and growing investment interest. Hindustan Zinc’s strong position in the silver market is expected to further fuel the stock’s upside. The stock has risen nearly 6% in the last month and is up 15% in 2025 so far. With a market capitalization of Rs 2.16 lakh crore, Hindustan Zinc continues to be a dominant player in India’s precious metal production industry.
Crude oil
Crude oil futures traded lower on Tuesday morning as traders focused on developments related to the Russia-Ukraine peace talks. At 9:57 AM, Brent oil futures were at $62.38, down 0.18%, and WTI crude futures were at $58.74, down 0.24%.
In India, MCX crude oil futures were also trading lower, with December futures at ₹5305, down 0.54% from the previous close. The developments around peace talks, coupled with OPEC+ production decisions, have contributed to the global oil market uncertainty. As the conflict in Ukraine continues, oil prices remain volatile, with analysts predicting a global oil surplus heading into 2026.
Conclusion
The Indian stock market faced a mixed session today, with Sensex and Nifty both closing lower. Investors are awaiting the US Federal Reserve’s monetary policy decision later today, which could significantly impact global market sentiment.
While Swiggy and AU Small Finance Bank have shown strong growth, benefitting from institutional interest and regulatory approvals, sectors like Consumer Durables and IT continue to face pressure. Hindustan Zinc benefited from silver price gains, marking another strong performance in India’s commodities sector.
As global developments and domestic policy decisions unfold, investors should stay vigilant and consider focusing on stocks with strong fundamentals and growth potential. The coming days are crucial, and market movements may hinge on the Fed’s decision and broader economic signals.For more stock market insights, check out the StockGro blog.
