Indian benchmarks flat as financials' drop offsets broader gains

Grasim Industries

10/06/2025 09:06

** Nifty 50 .NSEI and Sensex .BSESN flat as profit booking in heavyweight financials offsets broader sectoral rise

** Eight of 13 major sectors rise; broader small- .NIFSMCP100 and midcaps .NIFMDCP100 also flat

** IT companies .NIFTYIT, which earn a significant share of revenue from the U.S., gain 2.2% on optimism around the U.S.-China talks in London to resolve a trade dispute that has rattled financial markets

** Financials .NIFTYFIN drop 0.4% after adding 2.8% in the last four sessions

** NIFTYFIN hit record high on Monday, buoyed by RBI's policy support

** Among individual stocks, Grasim Industries GRAS.NS climbs 4.1% after Morgan Stanley hikes PT

** Coforge COFO.NS adds 2% after JPMorgan reiterates co as its top IT pick, citing strong growth prospects in FY26

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))