Benchmark indices Sensex and Nifty ended flat as sectoral performance remained mixed and crude oil prices remained elevated. The 30-share BSE Sensex fell 8.08 points or 0.01 per cent to 73,598.67. During the day, the benchmark hit a high of 73,762.98 and a low of 73,179.41, gyrating 583.57 points. Similarly, the 50-share NSE Nifty fell 3.45 points or 0.02 per cent to close at 22,749.75. However, the broader market ended the session in the green. The BSE MidCap Select Index jumped 148.04 points, or 0.88 per cent, while the BSE SmallCap Select Index rose 218.09 points, or 2.59 per cent.ย
Among sectoral indices, Nifty Realty was the biggest gainer, up 1.94 per cent, followed by Nifty Pharma, up 1.91 per cent. Meanwhile, Nifty Private Bank fell 0.73 per cent, and Nifty Metal fell 0.26 per cent.ย
“Brentโs retreat from its recent high reduced the immediate intensity of the oil shock and helped prevent a deeper decline. However, prices remain elevated, keeping macroeconomic risks in focus and investor risk appetite constrained. A sustained decline in crude, supported by geopolitical de-escalation, could improve the outlook for corporate margins and earnings, while any fresh supply disruption would quickly revive inflation concerns,” said Hariselvan Radhakrishnan, Founder & CEO of HST Wealth, a SEBI-registered Research Analyst firm.
Rupee registers minor gain
The Indian rupee traded with minor gains of around 9 paise to 95.08, finding support near 95.00 despite crude oil prices hovering around $115 and the Dollar Index near 101.50.