Indian Market Ends August 12 on Mixed Note
#### Indian Stock Market Report - August 12, 2025The Indian stock market witnessed a day of mixed movements on August 12, 2025. Early gains were offset by profit-booking and weak global cues, resulting in a slightly negative close for the major indices.The Sensex closed at 80,235.59, a decrease of 368.49 points (-0.46%), while the Nifty 50 ended at 24,487.40, down 97.65 points (-0.40%). This followed a strong rally on August 11, where the Nifty gained 222 points.#### Key Market Highlights:* **Sector Trends and Stock Performance:** * Significant decliners included Bajaj Finance, Grasim Industries, Eternal, Bharat Electronics, and Hindalco Industries, with losses up to 2%. * Hyundai Motor India saw a nearly 3% increase, driven by a buy rating from Goldman Sachs and a price target of Rs 2600. * Praj Industries reached a two-year low following a 94% drop in Q1 profit. * Midcap stocks, such as Blue Star and Linde India, experienced losses.* **Technical Levels:** * The Nifty 50 faced resistance near the 24,650 level. * Support is observed around 24,330, which is crucial for sustaining any bullish movement. * The Nifty Midcap 150 index showed weakness, with notable declines in Voltas and Ipca Labs.* **Global & Economic Factors:** * Investor sentiment was cautious due to upcoming geopolitical events, including the meeting between US President Donald Trump and Russian President Vladimir Putin on August 15. * Profit booking was influenced by anticipation of key inflation data from both India and the US.* **Market Breadth:** * The broader market showed mixed activity, with approximately 1994 shares advancing and 1889 declining.The market's subdued performance was attributed to profit-booking and cautious investor behavior in anticipation of global and domestic economic data. Technical analysis suggests monitoring the 24,330 support level, while the 24,650 level serves as an immediate resistance point.The current market environment calls for careful stock selection and monitoring of geopolitical developments for Indian equities in the short term.