News Details
Category : Market
Headline : Post-Session: Sensex slips 415 pts, Nifty ends below 18,700
Date: 02/12/2022 17:58
The Indian equity market snapped an eight-day gaining streak and stalled the record run of Sensex and Nifty on December 2, amid weak global cues and across-the-board selling barring metal, PSU bank and real.

However, for the week, BSE Sensex and Nifty rose 1 percent each.

Amid weak Asian markets and mixed close of the US markets in the overnight trade, the Indian market started on a negative note and extended the selling as the day progressed. However, buying at lower levels helped trim some of the day's losses.

The 30-share benchmark index ended at 62868.5 down by -415.69 points or by -0.66 % and then NSE Nifty was at 18696.1 down by -116.4 points or by -0.62 %. Sensex touched intraday high of 63148.59 and intraday low of 62679.63 The NSE Nifty touched intraday high of 18781.95 and intraday low of 18639.2

The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 112.05,+1.22%), Dr. Reddy's Laboratories Ltd. (Rs. 4525.00,+1.18%), Mahindra & Mahindra Ltd. (Rs. 1114.55,+1.16%), IndusInd Bank Ltd. (Rs. 1179.90,+0.56%), Bajaj Finserv Ltd. (Rs. 1642.95,+0.24%), among others.

The top losers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 1266.50,-2.08%), Hindustan Unilever Ltd. (Rs. 2615.30,-1.78%), Maruti Suzuki India Ltd. (Rs. 8815.10,-1.58%), Nestle India Ltd. (Rs. 19745.05,-1.52%), Housing Development Finance Corporation Ltd. (Rs. 2665.55,-1.32%), among others.

Realty index was at 3690.41 up by 33.93 points or by 0.93%. Macrotech Developers Ltd. (Rs. 1049.30,+4.97%), Sobha Ltd. (Rs. 638.45,+2.57%), Indiabulls Real Estate Ltd. (Rs. 85.90,+2.32%), Prestige Estates Projects Ltd. (Rs. 507.10,+2.17%), Phoenix Mills Ltd. (Rs. 1480.60,+2.10%),. Power index was at 4608.41 down by -57.22 points or by -1.23%. Adani Transmission Ltd. (Rs. 2744.70,-3.10%), Adani Green Energy Ltd. (Rs. 2064.35,-2.28%), Adani Power Ltd. (Rs. 325.35,-1.50%), Power Grid Corporation of India Ltd. (Rs. 219.50,-1.08%), JSW Energy Ltd. (Rs. 308.30,-0.50%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3866 , shares advanced were 2156 while 1540 shares declined and 170 were unchanged.