Key domestic stock indices ended lower in the last session of the calendar year 2023 amid weak cues from global peers and selling in index heavyweights.
The Sensex declined 170 points, or 0.23 percent, to finish at 72,240. The Nifty also fell 60 points, or 0.25 percent, to close at 21,718.
In the broader market at the BSE, the mid-cap index gained 0.85 percent and the small-cap index climbed 0.70 percent.
In the Sensex index, which is a pack of 30 companies, shares of 12 companies appreciated while those of 17 companies declined. On the other hand, shares of a company ended flat today. Tata Motors surged 3.50 percent, Nestle India rose 1.35 percent, and HUL gained 1.10 percent.
On the other hand, SBI declined 1.4 percent, Infosys lost 1.30 percent, and Titan fell 1.10 percent.
In sectoral indices at the BSE, 13 sectors logged gains while 7 declined. The telecommunications sector soared by 2.8 percent. The auto sector climbed 1.20 percent, and the services sector jumped 1.10 percent.
On the other side, the oil and gas sector declined 1.10 percent, and the energy sector fell one percent. The bankex sector also slipped half a percent.
The overall market breadth was positive, as the shares of 2021 companies appreciated while those of 1749 declined. A total of 121 companies remained unchanged.
News On AIR | December 29, 2023 5:41 PM | 190 & Nifty down 60 points at 21 | 718 | Stock Market: Sensex down 220 points at 72
Sensex Drops 170 Points, Nifty Falls 60 Points in Year-End Session