Synopsis : Indian markets fluctuated on Wednesday as gains in power and FMCG stocks offset heavy losses in Bajaj group shares. Positive cues from Wall Street and foreign fund inflows kept investor sentiment afloat despite sector-specific pressure.
Sensex Today: Markets Volatile as Bajaj Stocks Slide, Power Sector Provides Cushion
Indian equity benchmarks remained volatile on Wednesday, recovering from an early dip but struggling to hold firm ground as heavyweight stocks posted mixed performances. The Sensex and Nifty bounced back mid-session, bolstered by foreign institutional investments (FII) and strong global cues, especially from the U.S. markets.
Top laggards of the day included Bajaj Finserv, which slumped 6%, and Bajaj Finance, down over 4%. The drag extended across sectors, pulling down counters such as Tata Motors, IndusInd Bank, SBI, and UltraTech Cement.
However, power and FMCG stocks helped offset some of the pressure. Stocks like Power Grid, Hindustan Unilever, HDFC Bank, NTPC, Mahindra & Mahindra, and Maruti Suzuki emerged as notable gainers, supporting broader market resilience.
Globally, Asian markets traded with cautious optimism, following the S&P 500’s six-day winning streak. Investors continue to monitor tariff-related developments and Q4 earnings updates, both of which are influencing sentiment.
Global Market Highlights:
S&P 500 futures dipped 0.3%
Hang Seng futures remained flat
Topix (Japan) up 0.3%
ASX 200 (Australia) climbed 0.3%
Euro Stoxx 50 futures showed minimal movement
As Q4 corporate results continue to flow in, market participants remain focused on company-specific performance and evolving global economic signals.
Disclaimer : This article is for informational purposes only and does not constitute financial advice. Investors should consult with certified financial professionals before making any investment decisions.
.jpg)
