The benchmark equity indices Sensex and Nifty ended the day, Tuesday, July 25, nearly unchanged. Investors proceeded with caution, eagerly awaiting cues from the U.S. Federal Reserve's policy stance. The investor sentiment was impacted by foreign fund outflows and the persistently high crude oil prices, according to traders.
The 30-share BSE Sensex settled at 66,355.71, slipping by a mere 29.07 points or 0.04%. During the day, it experienced a seesaw movement, touching an intra-day peak of 66,559.29, and bottoming out at 66,177.62. On the other hand, the NSE Nifty inched up 8.25 points or 0.04% to close at 19,680.60. The broader index moved within the range of 19,729.35 and 19,615.95.
Among the Sensex pack, JSW Steel, Tata Steel, NTPC, and UltraTech Cement emerged as major winners, closing the day with gains of up to 3.33%. Conversely, Asian Paints, ITC, L&T, and SBI were the laggards, ending the session with losses of up to 3.95%. Out of the 30 Sensex stocks, 14 closed the day in the green zone. Meanwhile, on the 50-stock index Nifty, 25 scrips ended with gains.
Monday's trading session saw the BSE Sensex declining by 299.48 points or 0.45% to settle at 66,384.78. The NSE Nifty also saw a dip of 72.65 points or 0.37%, ending at 19,672.35.
In Asia, markets showed mixed performance on Tuesday, with Hang Seng gaining 4.10%, Shanghai Composite rising 2.13%, while the Nikkei 225 closing 0.06% lower.
Across Europe, markets trended upwards, with the UK's FTSE 100 trading 0.15% higher, France's CAC 40 up 0.24%, and Germany's DAX rising 0.18%. Back in the U.S., the markets closed with a broad rally on Monday, as the S&P 500 registered a gain of 0.40%.
On the commodities front, the global oil benchmark Brent crude was trading 0.18% lower at $82.59 per barrel.
According to exchange data, Foreign Institutional Investors (FIIs) were sellers on Monday, offloading equities worth Rs. 82.96 crore.
