The BSE Sensex closed at 76,171.08, down 122.52 points or 0.16% from the previous close. The index fluctuated between 76,459.72 and 75,388.39 throughout the session, reflecting the choppy nature of the day’s trade.
The NSE Nifty50 settled at 23,045.25, down 26.55 points or 0.12%. The index recorded an intraday high of 23,144.70, while the low touched 22,798.35.
The broader markets followed the trend of the benchmark indices, with the Nifty Midcap100 and Nifty Smallcap100 both closing with losses of 0.26%.
Impact on the stock market
Sectoral performance:
The day ended with mixed performance across sectoral indices:
- Banking, Financial Services, and Metal indices saw modest gains, rising up to 0.84%.
- Nifty Realty was the biggest loser, slipping 2.74%.
- Other lagging sectors included Nifty IT, Auto, FMCG, Pharma, and Healthcare, all declining by up to 1.14%.
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| Sector/Index | Performance |
| IT & BPM sector | -0.56% |
| Healthcare sector | -0.54% |
| Oil & Gas sector | -0.80% |
| Real estate sector | -2.74% |
| PSU Bank in India | 0.84% |
Top gainers today
| Company | Price | Change % |
| Bajaj Finserv Share price | 1,788.70 | 2.51 |
| SBI Life Insura Share price | 1,452.15 | 2.34 |
| HDFC Life Share price | 629.15 | 1.71 |
| Tata Steel Share price | 132.28 | 1.67 |
| Shriram Finance Share price | 547.15 | 1.60 |
Top losers today
| Company | Price | Change % |
| M&M Share price | 2,987.20 | -3.20 |
| Eicher Motors Share price | 4,849.45 | -2.47 |
| Bharat Elec Share price | 259.15 | -2.23 |
| ITC Share price | 409.90 | -2.01 |
| Hero Motocorp Share price | 4,015.75 | -1.71 |
Market aftermath: Impact on stocks
Mamaearth’s Q3 results
Honasa Consumer Ltd, the parent company of Mamaearth, reported a flat net profit of ₹26 crore for Q3 FY25, compared to the same period last year. Revenue, however, increased 6% YoY to ₹518 crore, supported by stronger market share and offline expansion.
Key financials:
- Gross profit margin: 70% (+132 bps YoY)
- EBITDA margin: 5%
- Retail penetration: 2.16 lakh FMCG outlets, up 22% YoY
Despite the modest profit growth, the company continues expanding aggressively, particularly through Project Neev, which aims to strengthen its presence in India’s top 50 cities.
Also read: Honasa Consumer shares fall 34% on weak Q2 Results
Graphite India shares plunge 13% on disappointing earnings.
Graphite India suffered a major blow, with shares tumbling 13% to ₹402 after reporting a net loss of ₹20 crore in Q3 FY25.
Why did the stock crash?
- Revenue slumped 24.2% YoY to ₹523 crore
- EBITDA loss narrowed to ₹8 crore (from ₹13 crore in Q3 FY24)
- Weak demand in the global steel sector hit graphite electrode sales
With the stock already down 16% in the last month, investors remain cautious, awaiting signs of a recovery in global steel demand—a key driver for Graphite India.
Gensol Engineering Plummets 17% After Q3 Earnings Disappointment
Gensol Engineering hit a 52-week low of ₹580.05, nosediving 17% after its earnings failed to impress.
Key financials:
- Net profit: ₹16.9 crore (-6.1% YoY)
- EBITDA margin fell to 18.1% (vs. 19.6% last year)
- Revenue growth: 30.5% YoY to ₹344.5 crore
Why did investors react negatively?
- Despite strong revenue growth, the market focused on margin contraction and weakened operational performance.
- Heavy selling pressure was observed, with trading volumes surging to 10 lakh shares, compared to the one-month average of 1 lakh shares.
Gensol’s future outlook depends on its ability to improve profitability despite a competitive solar energy market.
Crude Oil
In a significant development, BPCL (Bharat Petroleum) inked a crude oil supply agreement with Petrobras, Brazil’s national oil company.
What’s the deal about?
- BPCL will import 6 million barrels of crude oil in FY26 under this agreement.
- The contract has an initial one-year duration with an option to extend for another year.
Why does it matter?
- Diversifies India’s crude oil sources, reducing reliance on traditional suppliers.
- Strengthens India-Brazil energy relations.
- Ensures stable crude supply for BPCL’s refineries, securing better pricing and long-term stability.
BPCL CMD G Krishnakumar emphasized that this agreement aligns with BPCL’s strategy to enhance energy security and expand global partnerships in a shifting energy landscape.
Conclusion:
Sensex and Nifty50 ended lower amid sectoral divergence. Looking ahead, market volatility is likely to persist, with corporate earnings, global trends, and crude oil price movements influencing investor sentiment.
For more stock market insights, check out the StockGro blog.
