Sensex, Nifty Fall; IEX Surges 9%, Trent Tanks 8% Amid Weak Market

Market
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CNBC TV18•06-01-2026, 16:04
Sensex, Nifty Fall; IEX Surges 9%, Trent Tanks 8% Amid Weak Market
- •Indian equities ended largely lower; Sensex fell 376 pts, Nifty declined 72 pts below 26,200.
- •Financials outperformed with Nifty Bank rising, aided by ICICI Bank and insurance stocks.
- •Reliance Industries saw its sharpest fall in 10 months; HDFC Bank and ITC also dragged benchmarks.
- •Trent tumbled 8% as top Nifty loser; IEX jumped 9% on market coupling case developments.
- •Market breadth remained weak with midcap index slipping; Divi’s Labs, Emmvee surged.
Why It Matters: Indian markets closed lower with heavyweights dragging, despite some individual stock gains.
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