Stock Market Summary: Sensex Drops for 7th Straight Session, Ends 61 Points Down; Nifty Closes Flat Amid Selloff in IT, Auto Shares

Stock Market Recap: India’s key equity benchmarks, the Nifty and BSE Sensex, extended their losing streak to a seventh consecutive session on Monday, weighed down by persistent selling in the auto, information technology (IT), and pharmaceutical sectors. The trading session remained subdued, with indices fluctuating within a limited range. Market Close: The Nifty 50 index concluded the day at 24,634.90, declining 19.80 points or 0.08%, while the 30-share BSE Sensex settled at 80,364.94, slipping by 61.52 points or 0.08%. Stock in Focus: Wockhardt emerged as the standout performer in the pharma space, soaring 15%, even as overall sentiment in the sector remained weak. The surge came after reports indicated that the U.S. tariffs would have minimal impact on the company's drug Zaynich, which will be produced in Europe and shipped to the United States. Top Performers on Nifty: The five leading gainers were IndusInd Bank,

, Industries, of India (SBI), and . Top Decliners on Nifty: The major laggards included , , Reddy's Laboratories, Life, and r Motors. Sectoral Snapshot: Out of the 17 Nifty sectoral indices, 8 ended in the green while 9 closed in the red. Nifty Media was the worst performer, losing 0.85%, followed by Nifty Auto (down 0.18%) and Nifty Pharma (down 0.15%). Nifty IT registered a slight dip of 0.03%. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.