Closing Bell: Market snaps budget rally; Nifty holds 17500 level
The Indian Indices settled on a bearish note during Thursday's trading session while ending the three-winning streak.
The Indian Indices settled on a bearish note during Thursday's trading session while ending the three-winning streak. A broad-based markets selloff dragged benchmarks Sensex and Nifty 50 with IT, banking and financial stocks falling the most out of all sectors. The Bankex index shed over 380 points. The Financials, Oil & Gas and Capital Goods index tumbled by more than 1 per cent each.
The BSE Sensex ended the day in red today after plummeting by 788 points and closed at 58,788, falling by 1.29 per cent. The Sensex MidCap index fell by 225 points and ended the day at 24,920.43 levels. Similarly, the BSE SmallCap closed down by 112 points and stood at 29,838.05. Also, the Nifty 50 index sank by 219 points and closed at 17,560.20. The Bank Nifty has fallen by 320 points and ended at 39,010.00.
The top gainers on the BSE Sensex exchange were ITC, Maruti Suzuki, Titan, Asian Paints, and State Bank of India. On the flip side, the top losers on the BSE Sensex were Infosys, HDFC Bank, Reliance Industries, Bajaj Finance, and HDFC Bank. The total stocks traded today were 3,438 out of which 1,704 advanced and 1,653 stocks declined. There were only 81 stocks that were unchanged. The number of stocks that were locked in the upper circuit is 469 while 161 stocks were locked in the lower circuit today. Today 175 stocks have made a 52-week high and 11 stocks made a 52-week low today.