Stock Market Today: Sensex at 84,689 and Nifty at 25,838 as Adani Energy Rises 2.82%, Paytm Falls 3%
1. Why has the Indian stock market been showing mixed movement today?
The market moved both ways as investors preferred to wait for the policy update by the US Federal Reserve. Traders wanted more clarity on interest rates before making fresh investments. Consequently, cautious buying and selective selling were seen across sectors.
2. Which were the best-performing stocks in stock market today?
Hindustan Zinc was the top gainer, up over 4%, due to strong global silver prices. AU Small Finance Bank, Adani Energy, JSW Energy, and Manappuram Finance gained ground and attracted unabated investor interest.
3. Why did some big stocks tumble sharply today?
Some declines were on account of company-specific news and weak sector trends. Kaynes Technology was down over 5% amid heavy volumes. Paytm, Delhivery, and Inox Wind were also under selling pressure due to profit booking by investors and reacting to recent updates.
4. What led to a drop in InterGlobe Aviation’s stock?
The stock of InterGlobe Aviation slumped close to 2% after the government reportedly asked the airline to slash 10% of flights over new duty rules for pilots and scheduling issues, raising fears over short-term operations.
5. What should investors pay extra heed to in the forthcoming days?
The US Federal Reserve’s policy decision, global inflation numbers, and any key announcements from the Trump administration are some key things investors should keep an eye on, as it may impact interest rates, currency movements, and market direction in the short term.