Closing Bell: Nifty Ends Below 11,250, Sensex Down 300 Points

The market breadth was tilted in favour of sellers. About 1,141 stocks declined and 639 shares advanced on NSE.

A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. Image used for representation.

(Photo: Reuters).

The Indian equity benchmarks, on Thursday, 10 October, closed lower after rallying on Wednesday. Private lenders – HDFC Bank, ICICI Bank and IndusInd Bank – fell sharply over Non Performing Assest (NPA) concerns, according to BloombergQuint.

The S&P BSE Sensex fell 0.78 percent to close at 37,880 and the NSE Nifty 50 declined 0.7 percent to end at 11,234.55. The broader markets represented by the NSE Nifty 500 Index fell 0.71 percent.

The market breadth was tilted in favour of sellers. About 1,141 stocks declined and 639 shares advanced on the National Stock Exchange.

All the 11 sectoral gauges compiled by NSE ended lower, led by the NSE Nifty PSU Bank Index’s 3 percent fall.

(With inputs from BloombergQuint.)