MOMENTUM FADES IN STOCK MARKET

📰 Indian Share Markets Close Lower, Dragged by Financial and Energy Stocks
The Indian stock indices concluded the trading session on Friday with a marginal decline, reacting to pessimistic cues received from international markets. The dip was primarily fueled by sustained selling pressure across key sectors, including Private Banks, Oil & Gas, and Reality.

• BSE Sensex: The 30-share benchmark Sensex of the Bombay Stock Exchange shed 13.71 points (a decrease of 0.02 per cent), closing the day at 85,700.29.
• NSE Nifty-50: The National Stock Exchange’s primary index, the Nifty-50, recorded a drop of 14.95 points (a decline of 0.06 per cent), finishing at 26,200.60.
  Broader Market Weakness and Sectoral Trends
  The weakness was more pronounced in the broader market indices, indicating selling activity across smaller capitalised stocks:
• The Nifty Midcap-50 index slipped by 0.21 per cent.
• The Nifty Smallcap-100 index lost 0.15 per cent.
  Sector Highlights:
• Sectors Under Pressure: Companies within the Oil & Gas, Private Banking, Realty, and Financial sectors experienced notable declines, highlighting profit-booking in these heavyweight areas.
• Sectors Showing Resilience: Strong purchasing activity was observed in the shares of companies belonging to the Auto, Pharma, Metals, Health, and Public Sector Banking sectors.
  🎯 Individual Stock Performance
• Top Losers: Among the Sensex constituents, the share price of Mahindra & Mahindra suffered a loss of more than two per cent. Other major laggards included Powergrid, Interglobe Aviation (Implied), Bharti Airtel, and Axis Bank.
• Key Gainers: Shares that traded positively included Sunpharma, Kotak Mahindra Bank, and State Bank of India.