Sensex Today | Stock Market Highlights: The Nifty50 defended its 20-day moving average of 25,920 and closed above 25,950. The Sensex slipped 31 points to 85,107, while the Nifty fell 46 points to 25,986. The Midcap index dropped 595 points to 60,316, reflecting broad-based weakness, even as the Nifty Bank managed to rise 74 points to 59,348.
Thirty-seven Nifty stocks closed lower, with Max Healthcare, Bharat Electronics and Adani Enterprises among the top laggards. Public sector banks saw significant selling pressure after the government denied any move to raise FDI limits in the sector, pushing the PSU Bank index down 3%. Indian Bank, HUDCO, Bank of India and Bharat Dynamics were among the worst midcap performers, losing between 3–6%.
Hindustan Zinc rose 2% as silver prices hit new highs. JSW Steel ended in the red but recovered sharply from intraday lows following the company’s deal with JFE for BPSL. IndiGo extended its losing streak, falling nearly 5% over the past three days. Angel One slipped 5% after reporting a weak business update for November. The BSE stock fell 3% after sources said SEBI is considering imposing suitability criteria for F&O trading.
