The Sensex abandoned most of its gains as the market closed today. It marginally rose higher at the level of 26,227, whereas the Nifty ended marginally down at 7,946.10 level.
Stocks such as HCL Technologies from the IT sector proved as the biggest Nifty loser after it sounded revenue alarm owing to adverse currency movement.
Ultratech Cement and Sun Pharma were among the top gainers on the Nifty. Banking stocks added to the injury as heavyweights HDFC Bank, HDFC and ICICI Bank fell much as 5.8 percent and 5 percent.
Market analysts believe that the sentiment on the streets was mellowed by data that showed India's manufacturing activity in September slowed more than expected to a seven-month low.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app