Indian equities closed flat on Monday as IT and metal losses outweighed optimism from strong GDP data. Market consolidation persists amid global tariff worries and geopolitical tensions. Analysts highlight domestic resilience led by institutional flows and select sectors.
Indian markets ended higher Thursday, with Sensex up 321 points and Nifty adding 81, as a US court ruling eased trade tension fears. Gains in IT and financial stocks supported sentiment despite weak domestic triggers and rising oil prices.
The stocks with highest cuts include Sterling and Wilson Renewable Energy, Siemens and Punjab & Sind Bank (PSB) which have fallen by 64%, 60% and 59%, respectively.
Indian markets ended lower Tuesday as the Sensex fell 624 points and Nifty declined 175, dragged by profit booking in Financial and IT stocks amid weak global cues and muted FII activity. Mid- and small-cap stocks showed resilience, backed by strong Q4 results.
Shares of Tata Steel, Bharti Airtel, Jio Financial Services, IndusInd and Bharat Electronics only traded in the positive territory with marginal gains among Nifty 50 components.
BSNL: A TCS-led consortium, which includes the Centre for Development of Telematics (C-DoT) and homegrown gear maker Tejas Networks, along with ITI Limited, is deploying a commercial 4G network for the telecom PSU under a ₹19,000 crore deal. This also includes network upgradation to fifth-generation (5G) technology.
The share of investments held by the top 10 investors across smallcap mutual fund schemes has been on a decline, falling to a 14-month low in March 2025, shows an analysis of data from the Association of Mutual Funds in India (Amfi).
The median smallcap scheme has 2.03 per cent of its investments coming from the top 10 investors, compared to 2.43 per cent a year ago.
The employees said these factors are contributing to a huge subscriber port-out from BSNL to rival telcos’ networks, resulting in a significant revenue loss for the telecom PSU.