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HomeMarket NewsStock Market Highlights: Nifty 50 slips below 25,500, financials remain a major drag
By CNBCTV18.COM | Jul 2, 2025 3:46 PM IST (Updated)
Sensex Today | Stock Market Highlights: The Sensex fell 288 points to close at 83,410 while the Nifty lost 88 points to end at 25,453. Nifty Bank dropped 460 points to 56,999 and the Midcap index shed 83 points to settle at 59,667. Financials remained a major drag throughout the session, with the Nifty PSU Bank index snapping its six-day gaining streak, falling nearly 1%. The Nifty Midcap index also underperformed the benchmark, ending lower and breaking its eight-day winning run.
Sensex Today | Stock Market Highlights: The market ended lower on Wednesday with the Nifty index slipping below the 25,500 mark, weighed down by financial stocks. Metal shares saw some buying interest following demand-supply updates from China. Tata Steel emerged as the top gainer on the Nifty.
Among other movers, Tata Communications surged nearly 5% after Macquarie initiated coverage with a buy call. HDB Financial made a strong debut on the bourses, rallying close to 14%. Asian Paints gained 2% from intraday lows to end higher despite news of a probe by the Competition Commission of India.
In contrast, RBL Bank dropped over 4% after the company denied reports suggesting that NBD was acquiring a minority stake. Dreamfolks Services fell 5% as the company said airport operators were putting pressure on its clients. Sigachi Industries extended its decline, slipping over 7% after confirming 44 deaths in a recent fire accident. Sai Silks surged more than 7% following a 42% year-on-year rise in Q1 turnover. Keystone Realtors rose nearly 3% on news of a project win with a gross development value of ₹3,000 crore.
