Stock Market Today: Sensex Falls 180 Points, Nifty Trades at 25,289, IT Stocks Crash as TCS Leads with 2.76% Drop

Overview

• Sensex fell 180 points to 82,445, and Nifty slipped 37 points to 25,289, reflecting a weak closing.

• IT index dropped 2.88%, with Tech Mahindra, TCS shares, and Infosys leading declines, weighing heavily on market sentiment.

• Adani Power share price surged 17% post-stock split, while banking stocks gained and IPO activity remained strong.

Indian stock market today showed mixed sentiments with major indices trading in the red zone. Sensex dropped 180.28 points to 82,445.95, while Nifty 50 fell 37.75 points to 25,289.30 at press time. Both indices lost around 0.15-0.22% during the trading session. While IT index fell 3%, the power index gained 1.6%. Oil and gas stocks rose 0.7%, and realty shares was also up by 0.7%. BSE Midcap and Smallcap indices both dipped 0.2%, showing that the weakness was not limited to large-cap stocks.

Let’s delve into the details of stock market today based on Moneycontrol Live Updates. 

IT Sector Takes a Major Hit

The biggest story of the stock market today was the sharp fall in IT stocks. Nifty IT index traded at 35,526.10. All major IT companies were among the top losers on the Nifty 50.

Tech Mahindra stock led the decline, falling 3.44% to Rs. 1,500.30. TCS shares dropped 2.76% to Rs. 3,081.70, while Infosys fell 2.61% to Rs. 1,500. Other IT giants like Wipro and HCL Technologies also saw huge losses of 2.15% and 1.87% respectively. This widespread selling in IT stocks pulled down the overall market sentiment.

Banking Stocks Show Recovery Signs

Banking shares performed better with Nifty Bank index gaining 0.17% or 95.20 points to 55,554.05. After two months of losses, banking stocks are finally showing signs of recovery as credit growth becomes stable and retail demand picks up.

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Top Gainers Lead the Charge

Despite the overall negative trend, some stocks managed to shine in the stock market today. Adani Enterprises topped the gainers list with a 2.97% jump to Rs. 2,599. Bajaj Auto followed with a solid 1.83% gain to Rs. 9,136. Hero Motocorp gained 1.39% to reach Rs. 5,483, while Bajaj Finance was up by 1.33% to Rs. 1,005.65. SBI Life Insurance also joined the winners' club with a 1.15% rise to Rs. 1,862.80.

Share Market News and Corporate Actions

Adani Power shares traded ex-split and surged 17.21% to Rs. 166.30, touching a new 52-week high of Rs. 168.80 as reported by NDTV Profit. The stock saw huge trading volumes of nearly 70 million shares. At the same time, according to CNBC TV18 news, Sandur Manganese & Iron Ores traded ex-bonus and gained 0.88% to Rs. 160.80.

RBL Bank came out of the F&O ban list and traded at Rs. 270 with a small decline of 0.37% as reported by Moneycontrol. The primary market remained active with Atlanta Electricals IPO opening for subscription today, according to Mint. The Economic Times report showed that TechD Cybersecurity shares made a strong debut on NSE Emerge, listing at a 90% premium over its issue price.

Oil India signed a joint venture agreement with RVUNL to develop 1.2 GW of renewable energy projects. The stock gained 0.69% to Rs. 406.95 on this positive news. Moneycontrol report noted the Godrej Consumer Products announcement of a $85 million equity infusion in its subsidiary.

HUDCO jumped 2.44% to Rs. 234.90 after signing a development agreement with NBCC India for multiple projects across different states. The stock saw increased trading volumes of 41.69% above its average.

Also Read: Stock Market Update: Sensex Dips Over 100 Points, Nifty Above 25,300 Amid H-1B Visa Fee Hike and GST 2.0 Buzz

Market Outlook

The Indian stock market today is showing signs of sector rotation, with banking stocks gaining strength while IT faces headwinds. FII activity remained positive with net inflows of Rs 390.74 crore, while DIIs contributed Rs 2,105.22 crore. The advance-decline ratio stood at 1,319 gainers against 1,398 losers, indicating slight selling pressure across the broader market. This reflects the ongoing challenges in the technology sector, while other areas like banking and power show resilience. Hence, it is a typical example of how diverse the stock market today can be.

FAQs

1. Why did the Sensex and Nifty traded lower today?
The Sensex and Nifty traded lower mainly due to a sharp fall in IT stocks. Nifty IT index dropped nearly 3%, pulling down the broader market despite gains in banking and power stocks.

2. Which sector was the biggest loser in today’s stock market?
The IT sector faced the steepest fall, with Nifty IT index crashing by 1,052 points. Heavyweights like Tech Mahindra, Infosys, TCS, and Wipro saw major declines, dragging overall market sentiment.

3. Which stocks performed the best despite the market weakness?
Adani Enterprises rose nearly 3%, Bajaj Auto gained 1.83%, and Hero Motocorp climbed 1.39%. Adani Power was the standout performer, rallying over 17% after its stock split and massive trading volumes.

4. What role did banking stocks play in today’s market session?
Banking stocks offered some relief, with Nifty Bank index gaining 95 points. This recovery was driven by stable credit growth and retail demand, signaling early signs of sectoral resilience.

5. What is the overall market outlook after today’s session?
The outlook suggests a sectoral rotation, with banking and power stocks showing strength while IT faces headwinds. Institutional inflows remained positive, supporting long-term optimism despite short-term selling pressures.