Noida, June 10 (APAC Media): Indian benchmark equity indices Sensex and Nifty ended mixed on Wednesday after a volatile trading session, with gains in select banking and financial stocks offset by weakness in metal and broader market counters amid concerns over global geopolitical developments.
The indices closed marginally higher, while the NSE Nifty 50 settled slightly lower as investors remained cautious over rising tensions in the Middle East and their potential impact on global energy markets.
Top 10 BSE Sensex Gainers Today
| Stock | Current Price | Change | % Gain |
|---|---|---|---|
| Hindustan Unilever | 2,170 | +36.70 | +1.73% |
| Axis Bank | 1,315 | +22.10 | +1.71% |
| Kotak Mahindra Bank | 388.10 | +6.41 | +1.68% |
| ICICI Bank | 1,293 | +18.30 | +1.44% |
| ITC Limited | 283.65 | +3.65 | +1.31% |
| HDFC Bank | 746.85 | +8.50 | +1.16% |
| Kwality Wall’s | 33.01 | +0.20 | +0.61% |
| Power Grid Corporation of India | 287.20 | +1.50 | +0.53% |
| Larsen & Toubro | 3,918 | +16.90 | +0.44% |
| Sun Pharmaceutical Industries | 1,786 | +7.41 | +0.42% |
Market participants tracked developments in international markets throughout the session, leading to sharp swings in benchmark indices.
Traders said uncertainty surrounding geopolitical risks and crude oil prices kept investors on the sidelines despite supportive domestic fundamentals.
Sensex Today: Top 10 BSE Sensex Losers
| Stock | Current Price | Change |
|---|---|---|
| Infosys | 1,145 | -35.00 |
| Eternal | 239.80 | -5.85 |
| Tata Steel | 199.31 | -3.88 |
| Bajaj Finserv | 1,664 | -28.90 |
| Titan Company | 4,042 | -62.80 |
| Bharti Airtel | 1,775 | -23.80 |
| Mahindra & Mahindra | 2,953 | -37.60 |
| HCL Technologies | 1,132 | -14.21 |
| NTPC Limited | 351.65 | -4.00 |
| Bharat Electronics Limited | 408.35 | -3.70 |
Banking and financial shares provided stability to the market, attracting buying interest on expectations of continued economic growth and strong credit demand.
Private sector lenders were among the key contributors to benchmark performance, helping limit downside pressure.
However, losses in metal, auto and select mid-cap stocks weighed on sentiment. Broader market indices underperformed the benchmarks as investors booked profits in sectors that had witnessed recent gains.
Among individual stocks, ITC advanced on renewed buying interest, while State Bank of India remained in focus following positive analyst commentary. Pharmaceutical stocks also traded relatively firm, supported by defensive buying amid market volatility.
Market participants remained focused on geopolitical developments and their potential impact on commodity prices and foreign fund flows.
Traders said a prolonged rise in crude oil prices could fuel inflationary pressures and weigh on sentiment across emerging markets, including India.
Despite near-term uncertainty, market experts maintained a constructive outlook on domestic equities, citing resilient economic indicators, steady corporate earnings growth and continued participation from institutional investors.
Foreign investor activity, inflation trends and upcoming economic data releases are expected to remain key triggers for the market in the coming sessions.
With global risks continuing to dominate investor attention, traders are likely to remain selective, focusing on fundamentally strong sectors while awaiting greater clarity on international developments and their potential impact on financial markets.
–ENDS–
Disclaimer: Views expressed are those of experts and do not reflect APAC Media. This is for informational purposes only, not financial advice. We are not responsible for investment decisions. Please consult a qualified financial advisor before investing.
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