BSE Sensex fell 0.04% to 66,355.71, while the Nifty 50 index finished 0.04% higher at 19,680.60. With the metal index up 2.94% and the auto index up 0.95%, seven of the 13 major sectoral indexes saw advances. The world's largest producer and consumers of metals, China, announced measures to further assist its post-COVID economic recovery, which coincided with the surge in metal prices.
The top Nifty 50 gainers were JSW Steel, Hindalco, and Tata Steel. "Indian indices hovered along the flat line, waiting ahead for the crucial decision of Fed policy. Metal stocks rose due to China's commitment to provide policy support to its realty sector, while utilities were up in anticipation of demand & improvement in operating margin.
The recent correction of the domestic market can be attributed to several factors, including muted start to Q1 results, a reversal in FII activity, a rising dollar index, and an increase in crude oil prices," said Vinod Nair, Head of Research at Geojit Financial Services. Here is the list of stocks who are top gainers and losers during July 25 trading session: Top gainers: JSW Steel Ltd (up 3.33%), Tata Steel Ltd (up 3.25%), NTPC Ltd (up 2.45%), UltraTech Cement Ltd (up 2.12%), and Titan Ltd (up 1.62%). Top losers: Asian Paints Ltd (down 3.95%), ITC Ltd (down 1.85%), Larsen & Toubro Ltd (down 1.51%), State Bank of India Ltd (down 1.27%), and IndusInd Bank Ltd (down 1.24%) Top gainers: Hindalco Ltd (up 4%), JSW Steel Ltd (up 3.14%), Tata Steel Ltd (up 3.12%), UltraTech Cement Ltd (up 2.20%), and NTPC Ltd (up 2.09%).
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