In a challenging trading session, the BSE 500 index recorded a slight decline of 0.18%, reflecting broader market pressures with 27 sectors declining compared to just 10 advancing. The NIFTYPSUBANK sector emerged as a standout performer, gaining 2.07%, driven primarily by Union Bank (I), which surged by 5.76%. This sector's strong performance was notable against the backdrop of a generally bearish market.
The OILGAS sector also showed resilience, posting a gain of 0.83%, with HPCL contributing significantly with a 2.35% increase. Similarly, the S&P BSE Energy sector managed a modest rise of 0.67%, buoyed by C P C L, which soared by 10.12%, highlighting its strong market position.

Conversely, the S&P BSE Utilities sector faced notable challenges, declining by 0.77%, with NLC India dragging down performance with a drop of 2.79%. The NIFTYMETAL and NIFTYCPSE sectors also struggled, falling by 0.67% and 0.66%, respectively, with Jindal Steel contributing to the losses in the NIFTYMETAL sector with a decline of 2.97%. Overall, the market's advanced-decline ratio stood at 0.37, underscoring the prevailing bearish sentiment.