Sensex today | Stock Market Highlights: Sensex, Nifty close over 1% lower; private bank, IT stocks push markets lower

Sensex Today, Nifty 50 | Stock Market Updates: Sensex settled 876.37 pts or 1.17% lower at 73,852.90, and Nifty 50 shed 257.20 pts or 1.11% to 22,888.95. Markets will remain closed tomorrow.

THe majority of BSE sectoral indices were in negative territory, with the exception of the public sector banks index, which gained 2.6%. The private banks and IT indices were down 1.3% each.

The top gainers on the Sensex were SBI (up 1.12%), Adani Ports (1.07%), L&T (0.61%) and IndiGo (0.24%). The laggards were led by Axis Bank (-3.85%), UltraTech Cement (2.82%), Infosys (2.72%), Bajaj Finance (2.54%) and Trent (2.43%).

The rupee pared its initial gains and settled lower by 3 paise for the day at 94.92 (provisional) against the US dollar on Monday, weighed down by the sharp fall in the domestic equity markets and a recovery in crude oil prices.

The rupee pared its initial gains and settled lower by 3 paise for the day at 94.92 (provisional) against the US dollar on Monday, weighed down by a sharp fall in the domestic equity markets and a recovery in crude oil prices.

Rupee ends 3 paise lower at 94.92 amid domestic market selloff and firmer crude oil prices.

Figures are Q2 FY27 reported figures. PAT growth is YoY. “Revenue” refers to Total Income for comparability. Figures are not adjusted for exceptional/one-off items; reported numbers are shown as declared by the banks.

• K. K. Maheshwari will resign as Non-Executive Vice Chairman effective January 1, 2027. K. C. Jhanwar will take over from that date.

View: Revenue and EBITDA exceeded expectations, but net profit missed estimates and volume growth was slightly below expectations. The increase in debt is worth monitoring alongside the company’s expansion plans and cash flows. Overall, operating performance was healthy, but the results were mixed against expectations.

View: The launch could create a near-term revenue opportunity, particularly given the reported shortage. Actual benefits will depend on supply availability, competition, pricing and the duration of the shortage.

Crude oil prices fell ₹52, to ₹9,342 per barrel in the futures trade on Monday amid profit taking by investors.

Crude oil futures drop on profit-taking as global cues weaken, with November contract at ₹9,342 and WTI/Brent down.