New Delhi, July 13(HS): The U.S. tariff policy fueled instability in the stock market last week, influenced by uncertainty surrounding the Indo-U.S. trade deal. From July 7 to July 11, the domestic stock market experienced volatility, with declines predominating. The Sensex concluded at 82,500.47 points, down 932.42 points or 1.11 percent, while the Nifty ended at 25,149.85 points, down 311.15 points or 1.22 percent. The BSE’s large-cap index also saw a one percent drop, with significant losers including Union Bank of India, Titan Company, and Hindustan Zinc. Conversely, Mankind Pharma and Dabur India featured among the top gainers.

The mid-cap index aligned with this downward trend, declining by one percent; top losers included Aarti Industries and Bharat Forge, whereas Premier Energies and Relaxo Footwears emerged as top gainers. The small-cap index faced a smaller decline of 0.60 percent, with KR Rail Engineering and Hampton Sky Realty among the major losers. In contrast, Acme Solar Holdings and Peninsula Lands experienced significant gains.

Sector-wise, the BSE’s Telecom Index fell by 4.40 percent, while the IT, Consumer Durable, Automobile, Metal, PSU Bank, and Energy Indices also reported declines from around 2 to 3 percent.

Notably, the FMCG Index rose by 2 percent, and the Power Index registered a modest gain of 0.60 percent, indicating sector-specific resilience amidst broader market challenges.

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Hindusthan Samachar / Jun Sarkar