Equity Markets Show Mixed Performance Amid Realty Sector Gains
Barometers trade sideways; realty shares advance
Business Standard
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In early afternoon trading, key equity indices in India displayed mixed results, with the Nifty index slightly up at 24,346.45. Realty shares continued to attract buyers for the fourth consecutive session, while the broader market indices outperformed the frontline indices. Notable gains were observed in the metal sector and individual stocks like Meesho and Bajaj Auto.
- 01The S&P BSE Sensex fell by 59.16 points to 77,899.36.
- 02The Nifty 50 index increased by 14.05 points to 24,346.45.
- 03The BSE 150 MidCap Index rose by 0.83%, and the BSE 250 SmallCap Index by 1.04%.
- 04Meesho reported a narrowed net loss of ₹166.34 crore in Q4 FY26, a significant improvement from the previous year.
- 05Bajaj Auto's net profit surged by 34% to ₹2,746.13 crore in Q4 FY26.
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In early afternoon trading on the Indian stock market, the key equity barometers showed mixed results. The S&P BSE Sensex decreased by 59.16 points to 77,899.36, while the Nifty 50 index saw a slight increase of 14.05 points, reaching 24,346.45. Realty shares continued to see strong buying interest for the fourth consecutive session. The broader market indices outperformed the frontline indices, with the BSE 150 MidCap Index rising by 0.83% and the BSE 250 SmallCap Index gaining 1.04%. Market breadth was positive, with 2,676 shares advancing compared to 1,325 shares declining. In the derivatives market, the NSE's India VIX rose by 0.92%, indicating increased market volatility expectations. The Nifty Metal index also experienced a rise of 0.75%, contributing to a 3.08% increase over the past four sessions. Noteworthy stock performances included Meesho, which advanced by 3.54% after reporting a narrowed net loss of ₹166.34 crore in Q4 FY26, and Bajaj Auto, which saw a 34% increase in net profit to ₹2,746.13 crore.
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The mixed performance of the equity indices reflects investor sentiment, which could influence future investment decisions and market confidence.
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