Market Overview - The combined market valuation of nine of the top-10 most valued firms decreased by ₹2.51 lakh crore last week, with Reliance Industries experiencing the largest decline [1][2] - The BSE benchmark Sensex fell by 2,032.65 points or 2.43 percent during the same period [1] Company Valuations - Reliance Industries' market valuation dropped by ₹96,960.17 crore to ₹18,75,533.04 crore [3] - ICICI Bank's valuation decreased by ₹48,644.99 crore to ₹9,60,825.29 crore [3] - HDFC Bank's market valuation fell by ₹22,923.02 crore to ₹14,09,611.89 crore [3] - Bharti Airtel's valuation diminished by ₹17,533.97 crore to ₹11,32,010.46 crore [3] - Tata Consultancy Services (TCS) saw a decline of ₹16,588.93 crore in its market capitalisation, bringing it to ₹11,43,623.19 crore [3] - Larsen & Toubro's market capitalisation decreased by ₹15,248.32 crore to ₹5,15,161.91 crore [3] - Bajaj Finance's valuation declined by ₹14,093.93 crore to ₹5,77,353.23 crore [4] - State Bank of India's market capitalisation edged lower by ₹11,907.5 crore to ₹9,50,199.77 crore [4] - Infosys' market valuation dived by ₹7,810.77 crore to ₹6,94,078.82 crore [4] - In contrast, Hindustan Unilever's market capitalisation increased by ₹12,311.86 crore to ₹5,66,733.16 crore [4] Market Sentiment - The market correction was attributed to several factors, including escalating geopolitical tensions, aggressive foreign institutional investor (FII) selling, and concerns regarding the depreciation of the rupee [5]

Market Performance - Equity benchmarks experienced a decline, with the BSE Sensex down 239.66 points, or 0.28 percent, at ₹84,440.20, and the NSE Nifty 50 falling 76.85 points, or 0.30 percent, to 25,783.25 by midday [1] - The Sensex opened higher at ₹84,856.26 but lost momentum, while the Nifty opened at 25,902.40, reflecting a cautious market sentiment due to mixed global cues and foreign institutional investor outflows [2] Market Breadth - The market breadth was weak, with 2,501 stocks declining against 1,424 advancing on the BSE, and 139 stocks hitting 52-week lows compared to 80 reaching 52-week highs [3] Sector Performance - Broader indices underperformed, with the Nifty Midcap 100 down 0.49 percent at 59,420.50 and the Nifty Smallcap 100 falling 0.58 percent to 17,165.10 [6] - Sectoral indices also traded lower, including the Nifty Financial Services down 0.63 percent, Nifty Bank down 0.31 percent, and Nifty Next 50 losing 0.36 percent [6] Individual Stock Performance - Shriram Finance led the gains on the Nifty 50, rising 1.43 percent to ₹860.55, followed by State Bank of India up 1.33 percent and Eicher Motors climbing 1.32 percent [4] - Max Healthcare topped the losers' list, dropping 3.42 percent to ₹1,036.30, with other notable declines from SBI Life Insurance, HDFC Life, and Apollo Hospitals [5] Investor Sentiment - Market participants remained cautious due to uncertainty around the US interest rate trajectory and delays in India-US trade talks, although domestic inflows from systematic investment plans provided some support [7]

Market Overview - Markets opened marginally higher on Wednesday, with the BSE Sensex trading at ₹84,685.74, up 5.88 points or 0.01 per cent, and the NSE Nifty 50 at ₹25,868.55, up 8.45 points or 0.03 per cent [1] - The previous session saw sharp losses, with Nifty closing 167 points lower and Sensex down 522 points [4] Global Market Sentiment - Global markets are trading cautiously due to uncertainty over the US interest-rate trajectory, with mixed signals from US job data and flat retail sales growth affecting risk appetite [2] - Persistent foreign institutional investor (FII) selling and weakness in the Indian rupee are key near-term headwinds, despite stable domestic fundamentals [2] Domestic Market Dynamics - Domestic inflows through Systematic Investment Plans (SIPs) and insurance channels are providing a structural buffer against downside risks [2] - The Nifty's short-term trend has shifted to mildly bearish after slipping below the 20-day EMA at 25,950, which is now acting as immediate resistance [4] Sector Performance - Among the top gainers on the Nifty 50, Shriram Finance led with a gain of 1.38 per cent, followed by State Bank of India at 1.33 per cent and Eicher Motors at 1.25 per cent [2] - On the losing side, ICICI Bank emerged as the top loser, declining 1.46 per cent, followed by HDFC Life Insurance and Max Healthcare Institute [3] Technical Analysis - The focus is on the 25,700–25,800 support band, which has emerged as a strong demand zone in recent sessions [4] - Technical analysts maintain a cautious outlook, expecting Indian equity markets to open on a subdued note due to mixed global cues and continued FII selling [4] Long-term Perspective - The recent sharp fall in the rupee and crude oil prices is attracting investor attention, with a decline in crude due to poor demand from China and the US being viewed positively for India's macros [4]