Negative impactStocks
Market wrap: HCL Tech, Sun Pharma, Power Grid, Bajaj Finance top gainers and losers on Nifty and Sensex on Wednesday
Economic Times 2 hrs ago·19 Aug 2026, 12:12 pm
Indian equities extended their losing streak for a seventh consecutive session on Wednesday, with the Nifty 50 falling 0.32% and the Sensex dropping 0.42%. The market decline comes ahead of the release of the US Federal Reserve's FOMC minutes, which investors are closely watching for clues on future interest rate policy. While some IT stocks managed to buck the trend, the broader market remained under pressure.
Despite the overall weakness, specific stocks like HCL Tech, Sun Pharma, Power Grid, and Bajaj Finance stood out as notable gainers and losers. Market experts have highlighted the 24,000 level on the Nifty as a crucial support zone. Investors are advised to remain cautious as persistent 'sell-on-rallies' sentiment continues to weigh on market sentiment ahead of the key economic data release.
Key takeaways
- Category: Stocks.
- AI reads the tone as negative (potentially bearish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
