Stock Market Today: Nifty Ends Below 25,500, Sensex Settles Nearly 200 Points Lower As RIL, ICICI Bank Drag

• Nifty close below the 25,500 mark, snaps 3-day gaining streak.

• HCL Tech and Tata Steel are the top losers in Nifty.

• Tata Steel fell 3% after reporting muted quarterly business update.

• Benchmark underperformed Broader Market indices.

• Nifty Realty becomes the top losing sector followed by Metal and Oil and Gas.

• Brigade Enterprises and The Phoenix Mills fell the most in the Nifty Realty.

• Nifty Realty, Metal and Oil and Gas fell by more than 1% each.

• Nifty Midcap 150 fall for the 4th consecutive day.

• Vedanta recovers from lows after it clarify that Viceroy report is baseless.

• Nifty smallcap 250, Pharma snaps 2-day losing streak.

• Nifty Auto snaps 3-day losing streak.

• Nifty Oil and Gas snaps 4-day gaining streak.

• Nifty PSU Bank, Media fell for the 3-day in a row.

• Nifty Metal fell for the 5th day in a row.

• Nifty Realty snaps 3-day gaining streak.

• Nifty Financial services gains fo

• Rupee closed 2 paise stronger against US Dollar at 85.68

• It closed at 85.70 a dollar on Tuesday.

Source: Bloomberg

Jindal Saw Ltd. has re-appointed Sminu Jindal as Managing Director for an additional five-year term.

Gabriel India is set to sign a joint venture agreement with Jinos for the fasteners business, acquiring a 51% stake in Jinhap Automotive India for Rs 26.8 crore.

Lupin has entered into a license and supply agreement for the commercialization of biosimilar Certolizumab Pegol, used to treat rheumatoid arthritis. The company will receive an initial payment of $10 million upon execution of the pact.