The two key equity benchmarks, Sensex and Nifty, on Tuesday closed in the red under selling pressure with IT, auto, power, and realty shares taking a knock amid high volatility.
The S&P BSE Sensex ended at 57,900, down 338 points. On the other hand, the NSE Nifty50 setted with a loss of 111 points at 17,043.
On the 30-share Sensex platform, M&M, TCS, Bajaj twins, Wipro, Kotak Bank, TechM, HCL Tata Motors were the top-most losers, down 1–2 per cent each. On the flip side, Titan, Bharti Airtel and Larsen & Toubro were few of the notable gainers.
Among specific stocks, shares of Adani Group ended on a weak note today. Adani Enterprises plunged over 7 per cent. Adani Power, Adani Transmission, Adani Wilmar, NTDB and Adani Total Gas were locked at the 5 per cent lower circuit. Adani Ports and Ambuja Cements were down around 4 per cent each.
In the broader markets, the BSE Midcap index dropped 0.5 per cent while the Smallcap index fell 0.8 per cent.
All the sectoral indices ended in the red with power, realty, information technology, PSU Bank, metal, and auto tumbled 1-2 per cent.
In the previous session on Monday, the BSE Sensex ended at 58,237, down 897 points. On the other hand, the NSE Nifty closed trade at 17,154, down 259 points.