Closing Bell: Nifty end below 17900, Sensex down 774 pts
Sensex and Nifty at the close today: Indian stock market indexes fell sharply on the monthly F&O expiry day, amid mixed global cues. The Nifty 50 index closed lower by 226.35 points or 1.25 percent and closed at 17891.95 levels while the Sensex closed lower by 773.69 points or 1.27 percent and finished at 60205.06 levels. The Ban Nifty index fell sharply lower by 1085.80 points or 2.54 percent on the spot level and closed at 41647.65
The broader markets also closed lower in line with larger peers today, as the Nifty midcap index was down by 457.55 points or 1.47 percent and closed at 30694.30 levels. The Nifty smallcap index ended lower by 110.10 points or 1.15 percent and closed at 9420.95 levels.
Nifty index top gainers and losers today
The gainers in the Nifty 50 index were Maruti Suzuki Hindalco, Bajaj Auto, HUL, and Tata Steel, and the top losers were Adani ports, Indusind Bank, SBI, HDFC Bank and Cipla
The top gainers in the Nifty midcap index were TVS Motors, Sona BLW, and Hind Zinc and the top losers were Adani Wilmar, Aurobindo Pharm, and Container Corporation
The smallcap top gainers were VIP Industries, KEI Industries, and Godfrey Phillips while the top losers were. Granules, India, Delta Corp, and India Cement
The most active stocks in the Nifty index in terms of value were SBI, Reliance, and ICICI Bank The most active stocks in terms of volume were Tata Steel, SBI, and Tata Motors.
On the sectoral front, all sectoral indices were closed lower today. The sectors that dragged down the markets were PSU Bank, Nifty bank, Financial Services, Realty, and Oil and Gas
Global market updates
On the global front, Asian markets closed mostly in the green on Wednesday, as investors bet the Federal Reserve will slow down its rate hikes to curb inflation. Trading volume in the region was low as some markets including Hang Seng and Shanghai were closed for the Lunar New Year holidays.
European key stock market indexes are trading flat at 3.30 pm IST, following the mixed cues from Wall Street overnight. Earlier investors digested the latest retail industry research, which showed that UK footfall saw strong growth during 2022, although it remains below pre-pandemic levels.
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