Sensex Slips 0.54%, Nifty Dips 0.4% as Reliance & HDFC Bank Weigh Heavy

The BSE Sensex (.BSESN) fell sharply, mirroring broader profit-taking after recent highs, while the Nifty 50 (.NSEI) struggled below key levels. Heavyweights like Reliance Industries (RELI.NS) and HDFC Bank (HDBK.NS) led the downside, offsetting gains in select consumer and metal stocks.

Key Highlights

• BSE Sensex dropped 0.54%, dragged by Reliance Industries and HDFC Bank losses.
• ​Nifty 50 declined 0.4%, with banking and energy sectors under pressure.
• ​Reliance Industries (RELI.NS) shed around 0.95%, impacting index heavily due to its weightage.
• ​HDFC Bank (HDBK.NS) fell up to 2.31%, contributing to financials' weakness.

​Geopolitical concerns and US tariff talks added to caution, per market reports.
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Broader Context
Nine of 13 sectors ended lower, with IT and financials hit hardest. Gainers included Nestle India (+2.76%) and Hindustan Unilever (+1.60%). Turnover remained robust at over ₹123B, signaling sustained participation despite the pullback.
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Sources: Trading Economics, NDTV Profit, NSE India, Yahoo Finance
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