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Indian stocks close slightly lower as West Asia tensions weigh sentiment
Nifty 50 fell 0.2% to 24,186 and Sensex slipped 0.3% to 77,480, while midcaps and smallcaps gained up to 0.5% and sector leaders included Chemicals, Cement, and Realty.
LiveMint reports India’s benchmark indices ended Tuesday’s session modestly lower as fragile investor sentiment persisted amid escalating West Asia tensions and a mixed start to June quarter earnings.
The Nifty 50 closed 0.21% down at 24,186, while the S&P BSE Sensex finished 0.30% lower at 77,480. Broader markets outperformed, with the Nifty Midcap 100 and Nifty Smallcap 100 rising as much as 0.53%.
Sector performance was mixed, with Nifty Chemicals, Nifty Cement, and Nifty Realty each gaining more than 1%, while Nifty Metal and Nifty Pharma also ended in the green.
On the downside, the Nifty PSU Bank index slid 0.88% and the Nifty IT index fell 0.61%. LiveMint also cited geopolitical escalation in the Middle East, including a U.S. strike cycle described as a 10th consecutive day, and noted that Karur Vysya Bank was among the day’s top gainers after surging 13% to ₹340 following its June quarter results.
Latest closeSensex 77,185.43 ▲0.2%