Closing Bell: Markets extend losses, Sensex and Nifty end marginally lower
5paisa Research Team
Last Updated: 3rd November 2021 - 05:20 pm
Benchmark indices witness profit booking due to weak global market cues and stretched valuations.
Indian market closed a volatile trading session marginally lower on Wednesday, November 3, extending losses to a second straight day. Selling in financial and oil & gas shares pulled the indices lower, but gains in infrastructure, metal and select IT shares arrested the fall.
At the closing bell on Wednesday, the Sensex was down 257.14 points or 0.43% at 59,771.92, and the Nifty was down 59.80 points or 0.33% at 17,829.20. The market breadth was negative as 1509 shares have advanced, 1662 shares declined, and 143 shares were unchanged.
Among the top Nifty gainers on a choppy trading session were, L&T, Grasim Industries, UPL, UltraTech Cement and Asian Paints. The top losers of the day were Sun Pharma, IndusInd Bank, Bharti Airtel, Kotak Mahindra Bank and ICICI Bank.
On the sectoral front, the auto and bank indices fell by 1%, while realty and capital goods indices went up by 2% each. In the broader markets, the BSE midcap and smallcap indices also closed with marginal losses.
The trending stocks of the day were Larsen and Toubro which gained around 4%, followed by Grasim Industries up almost 2.5%. Other buzzing stocks were Asian Paints, UPL, UltraTech Cement, and Hindalco each surging over 2% today.
Sun Pharma, after the lower-than-expected results, slipped down by 3%, followed by IndusInd bank down 3% and Bharti Airtel closing down over 2% on Wednesday.
Among the sectors Nifty Bank lost over 1%, followed by auto and pharma indices. However, Nifty Realty outperformed the markets by going up by 2% on Wednesday.
Trending on 5paisa
Discover more of what matters to you.
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.
Want to Use 5paisa
Trading App?
