Stock Market Today: Nifty Ends At Day's Low, Sensex Plunges Nearly 800 Points; Engineering Stocks Slump

That's all for today folks. However, some parting thoughts:

After delivering outsized returns in 2025, gold and silver are no longer fringe portfolio hedges — they are increasingly being discussed as core holdings. The sharp rally has left investors asking whether 2026 will bring consolidation, correction, or another leg higher.

Well, here is your answer.

• ICICI Bank, Eternal, Bajaj Finance, SBI Life and Infosys emerged as the top gainers for the day.

• On the other hand, Reliance Industries, L&T, TCS and Bharti Airtel were the worst performers of the Nifty 50 index.

• Broader indices also ended in the negative. Nifty Midcap 150 ended 1.88% higher and Nifty Smallcap 250 closed 1.94% lower.

• All sectoral indices fell with Nifty Metal and Nifty Energy leading the decline.

• The market breadth was skewed in the favour of sellers, as 3,153 stocks declined, 1,045 advanced and 175 remained unchanged on the BSE.

• Indian equities end lower for the fourth consecutive day. Nifty had fallen below the 26,000 levels.

• Intraday, both Nifty and Sensex fell nearly 1%.

• Nifty ends 263.90 points or 1% lower at 25,876.85.

• Sensex ends 780.18 points or 0.92% down at 84,180.96.

Shares on Indian engineering contract companies Larsen & Toubro Ltd., Bharat Heavy Electricals Ltd., ABB India Ltd. and Siemens Ltd. tanked on Thursday after Reuters reported the government is considering scrapping curbs that restrict Chinese firms from bidding for government contracts.

India is planning to curb the five-year-old restriction in an attempt to normalise commercial ties with Chinese, especially against the backdrop of an easing of diplomatic and border tensions.