Live: Nifty off day’s low on expiry day, Oil above $101; metal stocks shine | Closing Bell
The Nifty breaks its four-day winning streak and slips below 23,400 on expiry day, while the Sensex declines nearly 200 points. Market breadth remains neutral, with the VIX declining, but a majority of sectors are under pressure. Financial, IT and pharma stocks lead the declines, while realty stocks defy the choppy market mood. Broader markets remain subdued, with small- and midcaps in the red. Brent crude prices hover around $101 a barrel. US Treasury Secretary Scott Bessent says all Iranian airlines will be shut from Wednesday, while Asian markets trade higher, with the Kospi and S&P/ASX 200 gaining 0.1%-0.3%. Investors remain focused on the Trump-Xi Jinping summit scheduled this week. Among Nifty 50 stocks, Coal India, InterGlobe Aviation and Titan are the top gainers, while Tata Consumer, Nestle India and Infosys are the top losers.