Shares of Tata Steel witnessed a sharp decline in recent trading sessions as global market volatility and rising geopolitical tensions weighed on metal stocks. The stock slipped as investors turned cautious amid fears that global economic disruptions could impact industrial demand.

Capital goods companies are reporting steady improvement in order enquiries, supported by continued government infrastructure push and private capex revival.

Metal companies are closely tracking global commodity price movements amid ongoing volatility. Domestic steel producers have maintained stable realizations in recent weeks.

Automobile companies remain watchful of demand trends across segments as the market transitions into the new financial year. Passenger vehicle demand remains steady while entry-level segments show mixed signals.

Indian IT firms are witnessing early signs of deal pipeline improvement after a cautious phase in previous quarters. Industry checks suggest clients are gradually resuming discretionary spending.

Advanced Micro Devices and Tata Consultancy Services have deepened their strategic partnership to introduce a next-generation AI-ready data centre architecture in India.

Several stocks remained in the spotlight in today’s session, including Ola Electric, Torrent Pharma and GMR Airports. Market participants tracked company-specific developments and earnings expectations.

Midcap stocks witnessed mild profit booking in the latest session after the sharp rally seen earlier this month. The midcap index underperformed the frontline benchmarks.

Public sector stocks continued to see stock-specific movement, with select counters attracting buying interest while others remained subdued. The broader PSU basket showed mixed undertone.

Automobile stocks traded in a narrow band in the latest session as investors stayed cautious ahead of upcoming monthly sales numbers. Most frontline auto counters ended with marginal moves.