Stock Market Today: Nifty, Sensex Extend Losses As RIL Offsets Gains In ICICI Bank

The rupee strengthened 21 paise against US dollar at 87.00.

It ended at 87.21 a dollar on Wednesday

Source: Bloomberg

• The benchmark equity indices ended holiday-shortened week lower on Thursday, with Nifty extending the fall for the second day and Sensex extending its decline for the fourth day.

• Intraday, both Nifty and Sensex had fallen nearly 0.40%.

• Nifty ends 73.30 points or 0.33% lower at 22,397.20

• Sensex ends 200.85 points or 0.27% down at 73,828.91.

• Broader indices also closed lower. Nifty Midcap 150 ended 0.62% lower; Nifty Smallcap 250 closed 0.69% lower.

• Most sectoral indices fell with Nifty Realty leading the decline. Nifty PSU Bank and Nifty Bank were the only sectors to end in green.

• The market breadth was skewed in the favour of sellers, as 2,448 stocks declined, 1,529 advanced and 128 remained unchanged on the BSE.

• ICICI Bank, SBI, Bharat Electronics, Sun Pharma and Power Grid Corp. emerged as the top gainers for the day.

• On the other hand, Reliance Industries, Infosys, HDFC Bank, Tata Motors and Bharti Airtel were the worst performers of the Nifty 50 index.

Over 1.11 million shares of Power Grid Corp. were traded via a block deal on Thursday. The share of Power Grid Corp. fell as much as 0.06% to Rs 267.25 apiece.

Over 1.73 million shares of Bharti Airtel were traded via a block deal on Thursday. The share of Bharti Airtel fell as much as 0.45% to Rs 1,635.45 apiece.

• JSW Energy signs power purchase pact with West Bengal.

• Pact with West Bengal for Greenfield 1,600 MW Thermal Power Plant.

• Gets Commercial operation date certificate for Unit 2 of Utkal Thermal Power Plant.