Sensex, Nifty off highs; smallcaps weak; capital market stocks under pressure

Benchmark indices in India were trading higher on Wednesday, taking support from a largely positive global mood.

The BSE Sensex index was off highs at 84,766, up 138 points or 0.16 per cent, while the Nifty index was at 25,980, adding 44 points or 0.17 per cent.

Asian Paints, Sun Pharma, Reliance Industries, HCL Tech, Trent, Tata Steel, Adani Ports, Titan, and Kotak Bank were the top Sensex gainers, while M&M, Tata Motors PV, Bajaj twins, Eternal, and BEL were the top losers.

In the broader markets, the Nifty MidCap index added 0.04 per cent, but the Nifty SmallCap index fell 0.20 per cent.

Among sectors, the Nifty Metal index gained 0.5 per cent, followed by the Nifty Financial Services, Private Bank, FMCG indices (up 0.2 per cent each).

The Nifty Capital Markets index, too, was under pressure today, down 3 per cent. Nuvama Wealth, CAMS, Motilal Oswal Financial, HDFC AMC, 360One WAM, NAM-India, Kfin Tech, Anand Rathi Wealth, and Aditya Birla Sun Life AMC crashed between 2.5 per cent and 6 per cent.

BS BFSI Insight Summit 2025

India’s premier event for the banking, financial services, and insurance (BFSI) sector, the Business Standard BFSI Insight Summit 2025, kicks off on Wednesday, bringing together top officials from the government, regulatory, banking, insurance, equity markets, and the fintech space.