Markets end weak on mixed global cues;IT,Financials drag

The Indian benchmark indices ended lower on Thursday with Nifty around 25,100 as global markets traded weak on concerns about the Federal Reserve’s next steps on interest rates.At close, the Sensex was down 375.24 points or 0.45 percent at 82,259.24, and the Nifty was down 100.60 points or 0.40 percent at 25,111.45. About 1931 shares advanced, 1942 shares declined, and 152 shares unchanged.
Tata Consumer, Tata Steel, Hindalco Industries, Trent, M&M were the top gainers on the Nifty, while losers included Tech Mahindra, IndusInd Bank, Infosys, SBI Life Insurance, Wipro.On the sectoral front, IT, PSU Bank shed 0.5-1 percent, while metal, consumer durables, realty indices added 0.5-1 percent.The BSE midcap index ended flat, while smallcap index rose 0.25 percent.
Rupee Close:
On 17 July'25,the Indian rupee ended 13 paise lower to close at 86.07 per US dollar on Thursday  weighed down by a broadly stronger dollar, even as exporter dollar sales and portfolio inflows helped the local currency limit its losses.
Trading Guide:
Market experts recommended five shares to buy on Thursday-Hariom Pipe Industries, Mahindra EPC Irrigation, Kirloskar Pneumatic Company, Shoppers Stop, and Sportking India.

(Business Correspondent)