Markets end lower,realty,financials lead losses

The Indian equity market traded in the red on Wednesday as volatility weighed on sentiment, pulling the Nifty below 25,500, with losses led by realty and financial stocks.At close, the Sensex was down 287.60 points or 0.34 percent at 83,409.69, and the Nifty was down 88.40 points or 0.35 percent at 25,453.40.
Tata Steel, JSW Steel, UltraTech Cement, Maruti Suzuki, Asian Paints were the top gainers on the Nifty, while losers includedShriram Finance, Bajaj Finserv, IndusInd Bank, HDFC Life, L&T.On the sectoral front,metal index was up 1.4 percent, Consumer Durables index added 1 percent, while PSU bank, capital goods, realty, media, power were down 0.4-1.4 percent.The BSE midcap and smallcap index shed 0.2 percent each.
Rupee Close:
On 02 July'25,the Indian rupee depreciated 9 paise to close at 85.68 against US dollar on Wednesday, on weak domestic equity markets and a rise in crude oil prices.Forex traders said a slight recovery in the US dollar too weighed on the rupee as market players await the conclusion of India-US trade deal, which is at its final stage.
Trading Guide:
Market experts recommended five shares to buy on Wednesday- SML Isuzu, Asahi India Glass, HBL Engineering, JK Lakshmi Cement, and Ramco Industries.

(Business Correspondent)