Stock Market Today: 97 Stocks Hit 52-Veeek Highs, 34 Stocks at 52-Veeek low as Nifty 50, Sensex End 1% Over Lower

Stock Market Today: On Chiursday, 97 Stocks Hit Their 52-Veeek High, Including Anupam Rasayan India Ltd, Astrazneca Pharma India Ltd, AU Small Finance Bank Ltd, Deepak fertilizers & Petrochemicals Corporation Ltd, Divis Laboratories Ltd, Eris Lifescienes Ltd, Intellect Design Arena Ltd, Laurus Labs Ltd, Manappuram Finance Ltd, Muthoot Finance Ltd, and Proctor Ltd, and Proctor Ltd.

Ingtrast, 34 stocks touched 52-wheek lows, with notable mentions like aditya birla fashion and retail ltd, national standard (India) ltd, neopolitan pizza and foods ltd, and rex seling and rexing indust Ltd.

Indian stocks dropped on Thursday due to ongoing uncertainteies Regarding the US-China Trade Agreement and Rising Geopolitical Tensions in the Middle East, which negatively impacted Investor Risk Appropriate.

The nifty 50 index decreased by 1.01% to 24,888.2, ending its six-day winning streak, while the bse sensex fell by 1% to 81,691.98.

Both Small-Cap and Mid-Cap Stocks Fell by 1.8% and 1.6%, respectively. All 13 Major Sector Experienced Declines.

Global Market Sentiment Deteriorated Even Thoughts Donald Trump Stated that A Tariff Framework With China was Establesed, as the Lack of Specific Terms Kept Markets ANXIOUS.

Vinod Nair, Who Leads Research at Geojit Investments, Noted That The Consolidation in Domestic Markets is Developing ITO A Widespread Trend, Now Affecting Large-Caps Stocks as Well. Concerns over Valuations and Climbing Oil Pries – Propelled By Tensions in the Middle East – And AndAre Increasing Risk Aversion Among Investors. The it, metals, and auto sector have generally lagged behind in performance.

Nair believes that compounding the uncertainty, the US is contemplating imposing unilateral tariff increases on Several Significant Trading Partners, with Announcement Announcement ANNOTICINCEMENT ANNOTICINCEMENS Or two, ahead of the early July deadline. At the same time, gold is experience a new wave of safe-han buying due to waiting geopolitical and economy uncertainies.

Nifty 50 outlook

According to rupak de, Senior Technical Analyst at Lkp Securities, Nifty 50 Slipped Sharply Following A Consolidation Breakdown on the Daily Chart, Indicating Bearish Pressure Around the Recent Top Near 25,200.

The Index Found Support Near The Lower End Around 24,850 and Managed to Hold Above This Level. Despite the sharp fall, other technical conditions remain into, suggesting that the broader trend is still strong and a short-term reveresal is posted. However, a decisive break beLow 24,850 could Weaken Market Sentiment. On the higher side, 25,000 is likely to act as immediati resistance.

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