The Indian stock market experienced a modest decline today, with the Sensex opening at 83,331.78 and currently trading at 83,388.23, reflecting a loss of 0.1%. The index is now just 0.85% shy of its 52-week high of 84,099.53. Despite the overall downturn, the Sensex remains above its 50-day moving average, which is also positioned above the 200-day moving average, indicating a generally positive long-term trend.
Among large-cap stocks, Adani Power emerged as a notable gainer, rising by 3.08%. In the mid-cap segment, Ola Electric led with a gain of 3.46%, while GFL surged by an impressive 16.56% in the small-cap category. Conversely, Wipro faced significant losses, dropping by 4.20%, followed by JSW Infrastructure and PNB Gilts, which fell by 2.91% and 7.34%, respectively.

Sector performance was mixed, with 13 out of 37 sectors advancing. The BSE Consumer Durables sector gained 0.60%, while the BSE IT sector was the biggest loser, declining by 1.03%. The advance-decline ratio across the BSE500 stood at 192 advances to 303 declines, highlighting a challenging day for investors.