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Sensex ends lacklustre session 29 points down; broader indices outperform

Top Nifty gainers included Kotak Mahindra Bank, Powergrid, Grasim and BPCL, among others

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MARKET LIVE | Markets | S&P BSE Sensex

SI Reporter  | New Delhi 

EVENT HIGHLIGHTS

The domestic benchmark indices ended Wednesday's session on a lacklustre note as the BSE Sensex declined 29 points to 58,250 amid losses in IT firms and index heavyweight Reliance Industries, even as gains in private lenders helped cap losses. The Nifty50 also settled flat with a negative bias at 17,354, down 9 points. With this, both indices extended their declines to the second day straight. 

In teh 30-pack index, 15 stocks closed in the red and 15 in the green. Kotak Bank, NTPC, Titan and Sun Pharma were among the top gainers while Nestle India, Maruti Suzuki, Bajaj Finserv and Bajaj Auto were the top losers. 

Buying was visible in the broader after a one-day hiatus. The BSE Midcap index added 0.81 per cent. It also touched a new high in trade today. Meanwhile, BSE Smallcap rose 0.55 per cent. 

Sectorally on NSE, only banking, financial and metal-oriented sectors ended with gains. Nifty IT, down 0.78 per cent, slid for the second day and was the worst performing sector. Nifty Media and Auto lost over 0.50 per cent each.

In the sectoral space on BSE, the telecom index reversed losses to feature among the worst performing indices amid reports that Cabinet did not discuss a relief package for the sector at its meeting today. 

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