Indian stocks Dip marginally amid third straight session of profit booking

NEW DELHI Stock indices in India remained relatively steady throughout Tuesday but ended the session with marginal losses, largely due to ongoing profit booking.

- TBG NETWORK

This marks the third consecutive session where the indices have seen a decline. The Sensex closed at 84,266.29 points, down by 33.49 points or 0.040 percent, while the Nifty ended at 25,796.90 points, slipping by 13.95 points or 0.054 percent.

Despite the minor drops, this movement is part of a broader trend, as Sensex had already dropped by over 1,000 points in the previous session. The volatility in the Indian stock market has been influenced by various factors, with market experts weighing in on potential outcomes.

Among the top five movers in the Nifty 50 stocks were Tech Mahindra, Mahindra and Mahindra, Britannia, Infosys, and Adani Enterprises, which showed some resilience. On the other hand, the top five losers included Indusind Bank, ONGC, Asian Paints, Bajaj Auto, and Tata Steel, as per data provided by the National Stock Exchange (NSE).

These mixed performances reflect the ongoing uncertainty in the market, driven by both domestic and global factors.