As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Asian markets showed caution due to worries about President Trump's tariffs. Nikkei-225 in Japan experienced a dip. Trump threatened new tariffs on Japan, citing trade issues. The European Union is open to a tariff accord with exemptions. The US jobs report is expected soon. The Federal Reserve may consider rate cuts if the labor market weakens.

The 30-share BSE Sensex closed down 452.44 points at 83606.46

Mumbai's real estate market achieves a record-breaking performance in the first half of 2025, with property registrations reaching 75,672 units, a 4% increase year-on-year. Revenue collections surge to Rs 6,699 crore, driven by high-value properties and strategic policy timing. Despite a dip in overall MMR housing sales, Mumbai's resilience is evident in its strong registration activity and evolving sophistication.

German Green Steel and Power filed for a Rs 450 crore IPO to fund expansion, repay debt, and support operations. The Gujarat-based firm focuses on TMT bars and renewable energy integration, with strong financial growth and brand presence.

Tata Consumer, Dr. Reddys, Trent, Wipro and Eternal were among the top losers on NSE in today's trade.