The benchmark domestic equity indices, Sensex and Nifty, ended the trading session in negative territory for the third straight day today. Both indices fell nearly one per cent, weighed down by selling pressure in IT stocks and continued uncertainty over US President Donald Trump’s trade policies.
The 30-share BSE Sensex settled at 82,500, down 690 points or 0.83 per cent, while NSE Nifty50 ended the day at 25,150, falling 205 points or 0.81 per cent. Broader market indices also mirrored the trend in the benchmark indices. The Mid-Cap index slid 0.65 per cent, while the Small-Cap index closed with a 0.70 per cent loss. In the Sensex index, 22 out of 30 companies ended with losses. Among the top laggards, TCS fell 3.46 per cent, Mahindra and Mahindra slid 2.75 per cent, while Bharti Airtel lost 2.20 per cent.
On the other side, Hindustan Lever rose 4.61 per cent, Axis Bank gained 0.79 per cent, and Sun Pharma added 0.56 per cent. In Sectoral Indices at the BSE, 19 out of 21 sectors ended with losses. Focused IT fell 1.77 per cent, Auto shed 1.72 per cent and IT lost 1.65 per cent. On the other hand, FMCG sector rose 0.45 percent and Health Care climbed 0.17 per cent.
The overall market breadth at the BSE was negative as shares of 2,453 companies declined, shares of 1,551 companies advanced, while shares of 161 companies remained unchanged. At the National Stock Exchange, 55 companies hit their 52-week high, while 23 hit their 52-week low.
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