Stock Market Today: Nifty, Sensex End Lower For Seven Days In A Row

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• Nifty PSU Bank snaps 3-day losing streak, ends as the top gaining sector for the day

• Top Nifty Losers Maruti Suzuki & Axis Bank

• Smallcap 250 ends in red, Major Fall Led By Chemplast Sanmar & Firstsource Solutions

• Nifty Midcap150 Ends In Green, Major Gain led by Mangalore Refinery & Gland Pharma

• Sector Indices end on a mixed note

• Nifty PSU Bank Is The Top Sectoral Gainer, Gains Led By Indian Bank & Bank Of Baroda

• Nifty Media emerges as top sectorial loser, fall led by Nazara Tech & Dish TV

• Nifty PSU Snaps Its 3 Day losing streak

• Nifty Oil & Gas Snaps 5-day losing streak, gains led by HPCL, Petronet & BPCL

• Nifty Realty Snaps Snaps 5-day losing streak, gains led by Godrej Properties & Macrotech Developers

• Nifty Auto Falls 4th Day In A Row

• Nifty Pharma Falls For 6th Day In A Row

• Nifty Financials Service & Nifty Bank Snaps 3 Day Losing Streak

• Nifty IT falls for 7th Day In A Row

• Rupee closed 4 paise weaker at 88.76 against the greenback

• It closed at 88.72 a dollar on Friday

 Source: Bloomberg

Valuations in India's stock market have normalised andare now in line with long-term averages but that does not mean they are cheap, according to Pankaj Murarka, chief investment officer at Renaissance Investment Managers.

"After a year of consolidation, valuations have normalised at 29 times one-year forward earnings. India is no longer as expensive as it was a year ago. Valuations are now in line with long-term averages," Murarka told NDTV Profit in a televised interview.

JK Paper's operations of BCTMP plant expected to be commissioned by fourth quarter in financial year 2026. The operation of BCTMP plant was earlier expected to be commence by second quarter.

A delay in project commencement caused by global logistics disruptions and excessive rainfall in Gujarat, the company said in the exchange filing.