Stock Market Wrap: Sensex ends 5-day winning streak, slips 119 pts; Nifty below 25,100;

M&M

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ASIANPAINT

s decline 2%

Indian equity benchmarks finished lower on Monday, snapping the Nifty 50’s eight-session rally as weakness in IT and auto counters weighed on sentiment. Market participants turned cautious ahead of the U.S. Federal Reserve’s policy outcome later this week, although optimism lingered around progress in India–U.S. trade discussions. The S&P BSE Sensex dipped 118.96 points, or 0.15%, to close at 81,785.74, while the NSE Nifty 50 lost 44.8 points, or 0.18%, settling at 25,069.20. Key Movers On the Sensex, Mahindra & Mahindra,

Paints, , , , and were the top laggards, retreating between 0.7% and 1.7%. The Nifty IT index, which had climbed 4.3% last week, slipped 0.6%, emerging as the biggest drag of the day. Broader markets outperformed, with the small-cap index advancing 0.8% and the mid-cap index rising 0.4%. Stock-specific highlights Corp surged 6.5% after winning an order worth ₹210 crore from the Bihar Education Council. Khaitan and Allied Blenders rallied 3.8% and 3% respectively after Jefferies initiated coverage with a “buy” rating. tumbled 13% following the resignation of an independent director over governance issues. Power gained 3% after signing a 25-year, 2,400 MW power supply agreement with the Bihar government. Global Market Snapshot S&P 500 futures gained 0.2% (as of 6:48 a.m. New York time) Nasdaq 100 futures held steady Dow Jones futures rose 0.2% Stoxx Europe 600 advanced 0.5% MSCI World Index edged up 0.1%