Market Performance

Within the Nifty 50, buying interest was concentrated in pharma and technology stocks. $CIPLA gained 4.82%, followed by Tech Mahindra (+2.16%), Dr. Reddy’s Laboratories (+1.56%), $BAJAJ-AUTO to (+1.47%), and Sun Pharma (+1.40%). The strong performance of pharmaceutical stocks highlighted a defensive preference among investors, while gains in Tech Mahindra supported the IT space. On the other hand, $ASIANPAINT (-2.20%), $TITAN (-1.20%), $NESTLEIND (-1.05%), Shriram Finance (-0.99%), and Trent (-0.93%) led the declines, reflecting weakness in consumption, retail, and select financial names. Sectoral trends remained largely positive, with most indices ending higher. Nifty Media (+1.42%) led the gains, followed by Nifty Pharma (+1.24%) and Nifty IT (+0.74%), indicating strong momentum in healthcare, media, and technology stocks. Financials also remained supportive, with Nifty Financial Services (+0.58%) and Nifty Bank (+0.43%) advancing. Broader participation was visible across Nifty Energy (+0.56%), Nifty Metal (+0.54%), Nifty Auto (+0.45%), and Nifty Realty (+0.40%). The only pockets of weakness were Nifty Consumer Durables (-0.55%) and Nifty FMCG (-0.41%), which witnessed modest profit booking despite the overall market strength.