Markets

News Details

( 15 Oct 2020)
Post-Session: Sensex ends 1066 points lower; Nifty below 11,700

Indian markets took a breather after rallying for 10 consecutive sessions in a row on Thursday, largely led by losses in IT and banking stocks.

Sectorally, the selling pressure was visible in Telecom, IT, Banks, Healthcare, and Finance stocks.

The 30-share benchmark index ended at 39728.41 down by -1066.33 points or by -2.61 % and then NSE Nifty was at 11680.35 down by -290.7 points or by -2.43 %.

Sensex touched intraday high of 41048.05 and intraday low of 39667.47 The NSE Nifty touched intraday high of 12025.45 and intraday low of 11661.3

The top gainers of the BSE Sensex pack were Asian Paints Ltd. (Rs. 2078.00,+0.32%), among others.

The top losers of the BSE Sensex pack were Bajaj Finance Ltd. (Rs. 3213.70,-4.68%), Mahindra & Mahindra Ltd. (Rs. 812.20,-4.32%), IndusInd Bank Ltd. (Rs. 598.20,-3.94%), ICICI Bank Ltd. (Rs. 390.90,-3.91%), State Bank of India (Rs. 192.85,-3.60%), among others.

Among the sectors, _IT index was at 16465.01 up by 84.67 points or by 0.52%. Brightcom Group Ltd. (Rs. 5.56,+4.91%), Oracle Financial Services Software Ltd. (Rs. 3197.65,+1.59%), Intellect Design Arena Ltd. (Rs. 238.75,+1.34%), Tata Elxsi Ltd. (Rs. 1463.85,+0.47%), Nelco Ltd. (Rs. 178.10,+0.20%),.

Bankex index was at 26169.76 down by -894.65 points or by -3.31%. Bandhan Bank Ltd. (Rs. 303.70,-5.30%), IndusInd Bank Ltd. (Rs. 598.20,-3.94%), ICICI Bank Ltd. (Rs. 390.90,-3.91%), State Bank of India (Rs. 192.85,-3.60%), HDFC Bank Ltd. (Rs. 1169.15,-3.44%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3075 , shares advanced were 961 while 1937 shares declined and 177 were unchanged.