Sensex slips 200 pts, closes below 65k, Nifty50 at 19,310; IT stocks drag, Jio Financial shares to list on August 21

Domestic equities fell on Friday led by losses in IT, and realty stocks. BSE benchmark Sensex slipped 202.36 points, or 0.31 per cent to close the week below 65k, at 64,948.66. While broader NSE Nifty50 slipped 55.10 points, or 0.28 per cent to close the session at 19,310.15.
Reliance Industries gained 0.75 per cent and was the top gainer in the Sensex pack after the stock exchanges in a notice said the shares of Jio Financial Services, which was demerged from RIL last month, will be listed on bourses on August 21.
Broader markets also extended losses, as all indices closed in negative. Nifty Smallcap 50 fell 0.54 per cent, Nifty Smallcap 100 at 0.53 per cent, Nifty Midcap 50 fell 0.45 per cent, Midcap Select slipped 0.36 per cent, and Nifty Smallcap 250 slipped 0.29 per cent.
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Sectorally, Nifty Media jumped 0.65 per cent, PSB index gained 0.23 per cent, FMCG rose 0.22 per cent, and metal gained 0.20 per cent. Meanwhile, IT index slipped 1.47 per cent today, followed by realty at 0.73 per cent, healthcare index at 0.67 per cent, pharma falling 0.57 per cent, and Nifty Financial Services 25/50 tanking 0.51 per cent.
IT stocks were the top losers today, as Tech Mahindra fell 2.01 per cnet, TCS slipped around 2 per cent, Infosys fell 1.74 per cent, and Wipro fell 1.45 per cent.
Other stocks which dragged the indices today were Hindalco, Hero MotoCorp, M&M, ONGC, Sun Pharma, BPCL and UPL.
Meanwhile, Adani Enterprises, Adani Ports, Eicher Motors, Maruti Suzuki, Britannia, Axis Bank, and Nestle India were the top gainers today.