Sensex, Nifty Log Worst Day In Two Weeks
Catch all live updates on share prices, index moves, corporate announcements and more from the Sensex and Nifty, today.
KEY HIGHLIGHTS
Closing Bell
India's stock benchmarks declined the most in two weeks, dragged by losses in financials and extended the losing streak to three days, as investors turned cautious ahead of the central bank’s monetary policy announcement later this week.
This is the second worst day for the S&P BSE Sensex and NSE Nifty 50 in seven weeks since Dec. 20, 2021.
The S&P BSE Sensex fell 1.75% to 57,621.19. The 30-stock gauge lost nearly 2.3% (1,346 points) to an intraday low of 57,299.05. The NSE Nifty 50 also declined by similar magnitude to 17,213.60.
The broader indices outperformed their largers with S&P BSE MidCap slipping 1.25% and S&P BSE SmallCap shedding 0.75%. Barring S&P BSE Utilities, S&P BSE Metal and S&P BSE Power, all the other 16 sectoral indices compiled by BSE Ltd., declined with S&P BSE Finance falling 2.3%.
The market breadth was skewed in the favour of bears. About 1,417 stocks advanced, 2,095 declined and 138 remained unchanged.
Lupin, Cadila, Divi's Labs, Cipla Lead The Losses In Nifty Pharma Index
Broader Indices Outperform Their Larger Peers
Bucking The Trend
NALCO rises for the seventh day, on track for the longest winning streak in 14 months
VRL logistics rising for seventh day, on track for the longest winning streak in 14 months
DCB Bank rises for ninth day, on track for the longest winning streak in little over a decade.
Source: Bloomberg
Wipro, Infosys Lead The Losses In Nifty IT Index
