Market wrap: RIL, Hindalco, Trent among top gainers and losers on Nifty and Sensex on Tuesday

The Indian stock market ended in the red on Tuesday, with Nifty falling deeper on its expiry day as the stock market snapped a four-day gaining streak amid volatility related to the new closing auction session.

Sensex dropped over 210 points to close at 78,429, while the Nifty 50 fell 159 points to end the session at 24,615 on Tuesday. Broader markets closed mixed, with Nifty Midcap 100 ending in the red and Nifty Smallcap 100 in the green.

Here are today’s top gainers on Nifty

Here are today’s top gainers on Sensex

Here are today’s top losers on Nifty

Here are today’s top losers on Sensex

What lies ahead for Dalal Street?

Fundamentally market participants remain focused on developments surrounding the Strait of Hormuz, as greater clarity and stability in the region could help ease crude oil prices and support a moderation in global bond yields, the analyst said. Meanwhile, he added that the ongoing RBI policy meeting is being closely monitored amid global uncertainties and inflation concerns.

“Investors are looking for policy measures from the RBI to address these challenges, along with liquidity support for the banking system, which could help sustain market confidence in the near term,” he said.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)