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Capital Investo Research

18th May · SEBI-Registered Analyst

Today Sensex, Nifty close nearly unchanged after choppy trade; IT rally cushions market pressure

Stock Market Wrap | Monday: Domestic benchmark indices ended on a subdued note after witnessing sharp volatility throughout the session, as gains in IT shares helped offset weakness across broader markets amid negative global sentiment, rising crude prices, and ongoing geopolitical concerns. By the closing bell, the Sensex edged up 77.05 points, or 0.10%, to finish at 75,315.04, while the Nifty50 added 6.45 points, or 0.03%, to settle at 23,649.95. Market breadth remained weak during the day, with 2,891 stocks ending lower compared to 1,216 advancing shares, highlighting continued pressure in the broader market segment. Technology stocks provided the strongest support to frontline indices, whereas sectors such as auto, PSU banks, media, and metals witnessed sustained selling pressure. The India VIX surged nearly 4.5%, indicating increased nervousness and heightened volatility among investors. Top Gainers on Nifty50:

INFY
TECHM
HCLTECH
!
TCS
Top Losers on Nifty50:
TATASTEEL
POWERGRID
COALINDIA
HINDALCO
TITAN

#Post-ClosingCommentary#Miscellaneous#MacroViews
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