Sensex tanks 610 points; Nifty slips below 26k on profit booking, foreign fund outflows

Market snapshot

Markets showed limited upside today, with only a handful of stocks closing in the green. Tech Mahindra, HCL Technologies, Reliance Industries and HDFC Bank were the only gainers on the session.

Who moved higher

  • Tech Mahindra — one of the IT services names that found buying interest.
  • HCL Technologies — another IT heavyweight that bucked the broader downtrend.
  • Reliance Industries — the conglomerate continued to attract investors today.
  • HDFC Bank — the private sector bank remained in demand.

What it suggests for investors

When only a few stocks gain while the wider market slips, it often points to selective buying rather than broad-based confidence. Investors appear to be favoring defensive or well‑established names across IT, energy and banking sectors.

Looking ahead

Watch how sector trends evolve over the next sessions. Continued strength in these names could indicate shifting flows into large-cap, stable businesses, while weakness elsewhere may signal caution among market participants.

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