Sensex ends 254 points lower, Nifty below 17,750; HDFC, RIL top drags
Stock Market LIVE: The broader indices, too, turned positive and gained up to 0.8 per cent
 "markets, market, stock brokers, stock broker, trader, bse, loss")
The benchmark indices ended lower for the second consecutive session on Wednesday amid volatility. The Nifty50 index closed at 17,711 levels, down 37 points. The BSE Sensex, meanwhile, ended with a loss of 254 points at 59,606. The BSE MidCap and SmallCap indices, however, ended in the green.
On the sectoral front, the power, metal, pharma and realty indices added 1-3.5 percent, while selling was seen in the auto, bank, capital goods, FMCG names.
On the sectoral front, the power, metal, pharma and realty indices added 1-3.5 percent, while selling was seen in the auto, bank, capital goods, FMCG names.
3:49 PM
TECH VIEW :: Ashis Biswas, Head of Technical Research at CapitalVia Global Research
The market witnessed some positive movements after the market was able to sustain the Nifty 50 Index level of 17600. It is going to be crucial for the short-term market scenario to sustain above the 17550-17600 Nifty50 Index support zone. If the market is able to sustain the level of 17550-17600, market can witness higher levels of 18000. The technical indicator suggests, a volatile movement in the market in a small range between 17600-18000.
3:48 PM
MARKET QUOTE :: S Ranganathan, Head of Research at LKP Securities
Markets were volatile for the second consecutive day with the street wary of inflation on the back of supply side disruptions and higher commodity prices. As China pulls back on the back of power shortages, export opportunities are seen opening up for several Indian companies with the PLI schemes providing the catalyst. PSE index rose for the second consecutive day with Power stocks hogging the limelight. As the gap between growth and value stocks widen, we are witnessing sector rotation in several pockets. Metals & PSU banks helped stage a recovery in afternoon trade.
3:48 PM
IPO Update :: AB Sun Life AMC subscribed 44% so far on Day 1
3:47 PM
Godrej Properties to redevelop residential project in Mumbai
3:45 PM
HDFC AMC tumbles 6% on block deal
3:44 PM
Power stocks continue to rally; BSE Power index up 3.5%
3:43 PM
Sector Watch :: Nifty Private Bank top loser; Metal, PSU Bank lead gainers
3:42 PM
Broader markets rebound from day's low, outperform benchmark Nifty50
3:36 PM
Sensex Heatmap :: 18 of 30 Sensex stocks end in the red
>> TOP GAINERS: NTPC, PowerGrid, Sun Pharma
>> TOP LOSERS: HDFC, UltraTech, Asian Paints
>> TOP LOSERS: HDFC, UltraTech, Asian Paints
3:34 PM
CLOSING BELL :: Nifty50 ends below 17,750 ahead of Sept F&O expiry
Topics : IPO MARKET LIVE Sensex Nifty BSE NSE US markets Asian markets SGX Nifty News HDFC AMC Atul Auto Lupin Bharti Airtel
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First Published: Sep 29 2021 | 8:16 AM IST