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Stock Market LIVE: Nifty, Sensex Down; RIL, Airtel Impact & Metal Surge

by Victoria Sterling -Business Editor

Hear’s a summary of teh stock market ‌updates provided ⁤in the text:

* Metal Sector Strong: The Nifty Metal index reached ⁢a new high of 10,983.20, ​up over 1%, driven ‌by expectations ⁢of strong earnings.
* Coforge ⁤Acquisition Concerns: ​Analysts are‍ cautious about⁢ the execution‌ risks​ associated with Coforge’s $2.35 billion acquisition of ​Encora-US. Key concerns⁢ include talent retention, culture integration, and margin management.The stock initially rose on the news ⁤but then erased those gains.
* NBCC(India) Share Price Rise: NBCC(India) shares hit a six-month high after resolving a ‍land dispute⁣ with the government.
* 2026‌ Market ‍Outlook: ⁢ Indian​ equities had a mixed 2025, with⁣ the Nifty50‌ returning over 10% and the Nifty MidCap 100 ​at 5.4%. ​ Earnings, the Budget, ​and Foreign Institutional Investor (FII)‍ flow are expected to ​drive​ stocks in 2026.

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