Market wrap: TCS, SBI, M&M, Trent among top gainers and losers on Nifty and Sensex on Friday
Economic Times 2 hrs ago·7 Aug 2026, 12:17 pm
Indian stock markets ended the day on a low note, with key benchmarks Sensex and Nifty moving in different directions. This divergence was due to the Closing Auction Session.
The banking and financial sectors had a tough day, which pulled the overall market down. However, the auto and IT sectors performed well, with some stocks like TCS doing better than others.
Investors are watching the 24,500 support level for Nifty closely, as it could be a crucial point for the market's future direction. The momentum has slowed down, and there's been some profit booking, which are key factors to consider.
Affected stocks
Bearish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Tata Consultancy Serv LT (TCS).
- Category: Stocks.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development for Tata Consultancy Serv LT and could move the stock. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
