Sensex Today: Despite starting with marginal gains, the key benchmark indices exhibited a weak trend and ended lower for the eighth straight trading session on Tuesday amid sustained selling in index heavyweights. Market participants were also nervous ahead of the December quarter GDP numbers to be announced later today.
At close, the Sensex was down 326.23 points, or 0.55 per cent, at 58,962.12, and the Nifty was down 88.70 points, or 0.51 per cent, at 17,304.
After a muted start, the market remained range-bound in the morning but selling in the afternoon pulled the indices down, with Nifty slipping to the day’s low of 17,250.
In February, the Sensex shed a per cent and the Nifty50 2 per cent.
Cipla, Hindalco Industries, Dr Reddy’s Laboratories, ONGC and Tata Steel were among the biggest losers on the Nifty. Gainers induced Adani Enterprises, Adani Ports, Asian Paints, Britannia Industries and Power Grid Corporation.
Among sectors, the Nifty pharma index shed 1.3 per cent and the energy index was down a per cent. Metal and information technology each ended 0.8 per cent down. However, auto and PSU Bank indices rose 0.4 per cent each.
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