Larsen & Toubro shares gain, as Indian markets start the day on a bearish note

Indian equity markets have again started the day in red today. At 9:45 a.m. IST, 26^th September, 2025, Nifty 50 is down by 92.05 points or 0.37%. Sensex is down by 336.33 points or 0.41%. US President Donald Trump has announced 100% tariffs on all pharmaceutical products entering USA. After this announcement, pharma stocks have come under heavy selling pressure.

Top Gainers & Losers

Top 3 gainers at Nifty 50 at this time are L&T, Eicher Motors, and Tata Motors. Top 3 losers are Sun Pharma, Cipla and Asian Paint. Larsen & Toubro (LT) shares are gaining today after government of Telangana agreed to LT’s proposal of exiting the Hyderabad Metro Rail Project. As part of the agreement, the state government will take over Rs 13,000 crore debt of the project. It will also pay Rs 2000 crore for LT’s equity stake in the project.

All the broad market indices in red

All the broad market indices are in red at this time. Volatility has jumped by 2.04%. Nifty Small cap 50 index is the top loser, among broad market indices, at this time. It is down by 1.36%. All the sectoral indices, except for Nifty Auto index, are in red at this time. Nifty Auto index is up by 0.10% at this time. Nifty Pharma Index is the biggest loser, among sectoral indices, at this time. It is down by 2.27%.

Market breadth extremely negative

Market breadth is extremely negative. Just 516 stocks are advancing at NSE at this time. 2090 stocks are declining. 87 stocks touched their 52 week lows within half an hour of the start of the trading day. 34 stocks touched 52-week high.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE