Stock Market Live: Nifty & Sensex Lose Early Gains – Auto Stocks Shine, PSU Banks Drag

Indian markets started strong today, but soon erased early gains. The Sensex traded at 84,291 and the Nifty at 25,949, as losses in Bharti Airtel and L&T offset gains in M&M and Eicher Motors.

🚗 The auto sector emerged as the top performer, with the Nifty Auto Index rising 1.6%. Eicher Motors jumped nearly 5%, leading the rally.

 

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🏦 On the flip side, PSU Bank stocks struggled, dragging the Nifty PSU Bank Index down by 1%.

Market breadth remained weak with 1,900 stocks declining versus 1,547 advancing, showing cautious sentiment.

The rupee strengthened slightly to 90.56 per USD, offering mild support.

📌 Market Outlook

With mixed sectoral action, traders should stay stock-specific and avoid aggressive positions.

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