- BSE Sensex dropped 880.34 points or 1.10% to close at 79,454.47
- NSE Nifty50 fell 265.80 points or 1.10% to end the day at 24,008
Adding to the anxiety, the India VIX—India’s volatility index—jumped 2.98% to 21.63, touching an intraday high of 22.7, the highest in over a month.
Nifty Midcap 100: Closed flat with a negative bias
Nifty Smallcap 100: Down 0.61%
You may also like: CDSL stock analysis and expert insights in detail
Impact on the stock market
Most sectors ended in the red today, but a few stood out:
- Nifty Realty: Worst performer, down ~2%
- Nifty Bank, Financial Services, and Auto: Each fell over 1%
- IT, Pharma, Energy, FMCG, Healthcare, Oil & Gas: Closed lower
- Bright spots: PSU Banks, Consumer Durables, Media, and Metal stocks managed to stay green
| Sector/Index | Performance |
| IT & BPM sector | -0.34% |
| Healthcare sector | -0.17% |
| Oil & Gas sector | -0.78% |
| Real estate sector | -2.38% |
| PSU Bank in India | 1.59% |
Top gainers today
| Company | Price (in ₹) | Change % |
| Titan Company Share Price | 3,510.30 | 4.18 |
| Tata Motors Share Price | 708.50 | 3.76 |
| Larsen Share Price | 3,443.90 | 3.61 |
| Bharat Elec Share Price | 315.85 | 2.83 |
| Hero Motocorp Share Price | 3,853.90 | 1.41 |
Top losers today
| Company | Price (in ₹) | Change % |
| ICICI Bank Share Price | 1,388.90 | -3.25 |
| Power Grid Corp Share Price | 299.30 | -2.90 |
| Grasim Share Price | 2,634.80 | -2.37 |
| Shriram Finance Share Price | 601.45 | -2.33 |
| UltraTechCement Share Price | 11,364.00 | -2.30 |
Market aftermath: Impact on stocks
Hitachi Energy India: Steady strength
Amid the broad market dip, Hitachi Energy India held firm, climbing 1.87% to close at ₹14,946. The stock saw high trading volumes and remained a favourite among midcap watchers.
With a consistent track record and bullish sentiment, the stock continues to draw interest.
Union Bank and Canara Bank: PSU banks resist the fall
While private banks took a hit, PSU banks bucked the trend:
- Stock up 7% to ₹123
- Q4 net profit: ₹4,985 crore (↑50.6%)
- Gross NPA improved to 3.6%
- Dividend declared: ₹4.75 per share
- Gained over 2%, trading at ₹98
- Q4 net profit: ₹5,003 crore (↑33.1%)
- NII slightly down, but profitability impressed
Bank of Baroda also recovered some ground, closing 1% higher despite a drop in NII and modest Q4 profit growth.
Britannia Industries: Better than expected
In the FMCG space, Britannia Industries surprised the street with a decent Q4 performance.
- Revenue: ₹4,432 crore (↑9% YoY)
- Net Profit: ₹560 crore (↑4%)
- EBITDA: ₹805 crore
- Margins slightly dipped to 18.2% from 19.4%
The stock remained steady, closing at ₹5,448. The company’s cost control and pricing strategy were well received by analysts.
Crude oil prices inch up as global eyes turn to US-China talks
Oil prices rose slightly today, with markets watching the upcoming US-China trade talks.
- Brent crude: $63.10 (↑0.41%)
- WTI crude: $60.16 (↑0.42%)
- MCX May futures: ₹5,179
- MCX June futures: ₹5,164
Rystad Energy warned that regional conflict could drive diesel demand up due to military activity, while aviation fuel demand might drop due to restricted airspace and flight disruptions.
Amid speculation, Indian Oil Corporation (IOCL) and BPCL released statements urging the public not to panic buy. IOCL shares slipped 1.10%, trading at ₹139.05.
Final thoughts:
Today’s share market news reflects how quickly sentiment can shift in response to geopolitical events. While volatility may continue, pockets of strength like defence, public sector banks, and consistent performers like Britannia offer opportunities.
Key takeaways for investors:
- Stay cautious: Avoid high-risk, high-beta plays in uncertain times.
- Watch themes: Defence and infrastructure may gain traction.
- Focus on fundamentals: Stocks with solid Q4 results are still rewarding patience.
- Technical view: Nifty’s support range sits between 23,500–23,200—a key zone to watch.
For now, it’s a time to be observant, not impulsive. The market may be on edge, but smart investing doesn’t panic; it pivots.
For more stock market insights, check out the StockGro blog.
