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Closing Bell: Sensex, Nifty Decline Third Day in a Row

The broader market index represented by the NSE Nifty 500 Index fell by almost 0.90 percent.

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Indian equity benchmarks fell for the third-straight session on Monday, 22 July, driven by losses in HDFC twins. The S&P BSE Sensex closed 0.80 percent lower at 38031.13 and the NSE Nifty 50 ended at 11,346.20, down 0.64 percent. The broader market index represented by the NSE Nifty 500 Index closed 0.61 percent lower.

The market breadth was tilted in favour of sellers. About 1,192 stocks declined and 557 shares advanced on National Stock Exchange. Six out of 11 sectoral gauges compiled by NSE closed lower, led by the NSE Nifty Financial Services Index’s 2.57 percent fall. On the flipside, the NSE Nifty Media Index was the top sectoral gainer, up 1.75 percent.

Indian equity benchmarks witnessed a sharp fall in the afternoon trade on Monday, with S&P BSE Sensex falling as much as 1.07 percent to 37,927 and the NSE Nifty 50 declining close to a percent to 11,312.85. The broader market index represented by the NSE Nifty 500 Index fell by almost 0.90 percent.

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Opening Bell

Indian equity benchmarks opened lower, driven by losses in Bajaj Finance and private lenders. The S&P BSE Sensex fell as much as 0.53 percent to 38,151 and the NSE Nifty 50 fell as much as 0.50 percent to 11,360.85. The broader market index represented by the NSE NIfty 500 Index fell as much as 0.65 percent. The market breadth was tilted in favour of sellers. About 783 stocks declined and 541 shares advanced on National Stock Exchange.

Ten out of 11 sectoral gauges compiled by NSE traded lower, led by the NSE Nifty Realty Index’s 1.64 percent fall. On the flipside, the NSE Nifty Metal Index was the only sectoral gainer, up 0.12 percent.

(With inputs from BloombergQuint.)

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Topics:  Markets   Sensex   Nifty 

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