The benchmark domestic equity indices fell over one percent today, in line with the decline in global equities. The 30-share index at the Bombay Stock Exchange, Sensex, declined 857 points, to close at 74,454. Similarly, the National Stock Exchange Nifty-50 lost 242 points to settle at 22,553. The broader market indices at the BSE also ended in negative territory. The Mid-Cap index slipped over 0.7 percent, and the Small-Cap index dropped over 1.3 percent.
In the Sensex index, 23 out of 30 companies logged losses. Among the top laggards, HCL Tech as well as Zomato, both tumbled 3.32 percent each, TCS slipped over 2.9 percent, and Infosys shed over 2.8 percent. Conversely, among the top gainers, Mahindra and Mahindra gained over one and half percent, Kotak Bank rose over 0.6 percent, and Maruti gained 0.25 percent.
In Sectoral Indices at the BSE, 19 out of 21 sectors ended down. Among the top laggards, Focused IT lost over 2.6 percent, Information Technology slipped 2.6 percent, and Teck fell over two and half percent. In the top gainers, Auto advanced over 0.2 percent and FMCG added 0.16 percent.
Meanwhile, overall market breadth at the BSE was negative as shares of 2,810 companies declined, 1,207 advanced, and 183 remained unchanged. At the National Stock Exchange, 20 companies hit their 52-week high, while 214 hit their 52-week low.
Site Admin | February 24, 2025 6:33 PM
Domestic markets slump a bit before closing
