Closing Bell: Sensex and Nifty close in Red for a third consecutive session; midcap and smallcap outperform.
Benchmark indices slipped in red for the third consecutive day amid the F&O expiry. Sensex plunged 286.91 points and Nifty was down by 93.10 points. Closing Bell Indian market.
The Indian stock market closed red on Thursday, ahead of the F&O expiry. The BSE Sensex ended the session at 59,126, down by 286 points or 0.48% and the Nifty50 index slipped by 93 points or 0.53 to end at 17,618.
A mixed trading day was witnessed today with buying seen in the Realty, Power,Pharma, and PSU banking stocks, whereas, selling was seen in the Bank, Auto, IT and Metal sectors. BSE midcap and smallcap indices ended in the green. The benchmarks fluctuated between gains and losses but were dragged down in the afternoon trade by selling pressure in banking, IT and metal stocks.
The top gainers for Thursday were Bajaj Finserv, Bajaj Finance, NTPC, Hindustan Unilever and Titan. While the top losers include Power Grid, Asian Paints, Axis Bank, Bajaj Auto and Kotak Mahindra Bank.
In the September series, Sensex surged 5.68% and the Nifty 50 index has increased by 5.89%, as accommodative monetary policy and easing Covid restrictions kept investor sentiment underpinned.
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