The Nifty50 and Sensex edged lower amid weakness across global equity markets, as investors turned cautious ahead of Nvidia Corp’s earnings, with concerns mounting over the outlook for continued growth in artificial intelligence (AI) spending and expansion.
At 12:45 hours, the 30-share benchmark index was trading at 77267.21 down by -101.9 points or by -0.13 % and then NSE Nifty was at 24171.35 down by -47.7 points or by -0.2 %.
Sensex touched intraday high of 77390.72 and intraday low of 77125.91 The NSE Nifty touched intraday high of 24198.25 and intraday low of 24115.45
The top gainers of the BSE Sensex pack were Trent Ltd. (Rs. 2919.15,+0.76%), ICICI Bank Ltd. (Rs. 1423.20,+0.65%), Adani Ports & Special Economic Zone Ltd. (Rs. 1684.70,+0.58%), Eternal Ltd. (Rs. 329.20,+0.37%), State Bank of India (Rs. 1040.90,+0.28%), among others.
The top losers of the BSE Sensex pack were HCL Technologies Ltd. (Rs. 1296.70,-1.84%), NTPC Ltd. (Rs. 336.05,-1.09%), Mahindra & Mahindra Ltd. (Rs. 1566.25,-1.06%), Tata Steel Ltd. (Rs. 184.35,-0.89%), Asian Paints Ltd. (Rs. 2610.45,-0.80%), among others.
Realty index was at 7143.96 up by 5.27 points or by 0.07%. Brigade Enterprises Ltd. (Rs. 668.85,+2.16%), Lodha Developers Ltd. (Rs. 1272.00,+1.35%), Oberoi Realty Ltd. (Rs. 1869.75,+0.04%),.
IT index was at 29159.83 down by -242.09 points or by -0.82%. Rashi Peripherals Ltd. (Rs. 752.00,-13.37%), Netweb Technologies India Ltd. (Rs. 5220.00,-4.35%), GNG Electronics Ltd. (Rs. 580.90,-3.20%), Birlasoft Ltd. (Rs. 291.75,-2.49%), Ramco Systems Ltd. (Rs. 556.90,-2.26%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4492 , shares advanced were 1833 while 2429 shares declined and 230 were unchanged.