Domestic equities ended in negative amid volatility tracking mixed global cues. BSE benchmark Sensex slipped 255.84 points, or 0.39 per cent to close at 64,831.41, while broader NSE Nifty50 tanked 93.65 points, or 0.48 per cent to end the session at 19,253.80.
Jio Financial Services remained the top gainer in both key indices, and ended over 3.50 per cent higher at Rs 240.90 on BSE. Stock exchanges said that the stock will be removed from indices after Friday’s trading session.
Broader markets outperformed key indices as Nifty Smallcap 250 gained 1.04 per cent, Nifty Midsmallcap 400 rose 0.54 per cent, Nifty Smallcap 100 climbed 0.81 per cent, and Nifty Smallcap 50 gained 0.36 per cent.
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Sectorally, Nifty PSU Bank slipped 1.33 per cent, oil & gas index slipped 1.04 per cent, the FMCG index fell 0.82 per cent, Nifty Bank tanked 0.55 per cent, and Nifty Financial Services fell 0.53 per cent.
Adani stocks fell today, with Adani Enterprises falling over 3 per cent, after investigative reporting platform OCCRP alleged hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based ‘opaque’ investment funds managed by partners of promoter family of Gautam Adani.
Adani Enterprises, BPCL, Adani Ports, Britannia, Eicher Motors, Bajaj Auto, Bajaj Finance, Tata Consumer, UPL, Divis Lab, Axis Bank, Asian Paints and ONGC were the top losers.
On the other hand, Jio Financial Services, Maruti Suzuki, HDFC Life, Cipla, Tata Steel, LTI Mindtree, Titan, and Hindalco were top gainers.