Stock market ends muted, Nifty IT remains key gainer

New Delhi, Dec 18 (UNI) The Indian stock market on Thursday ended on a muted note in a volatile session.
At close, the Sensex was down 77.84 points or 0.09% at 84,481.81, and the Nifty was down 3 points or 0.01% at 25,815.55.
The BSE Midcap index ended with modest gains of 0.05%, while the Smallcap index fell 0.28%.
Among the sectors, indices ended on a mixed note. Nifty IT was up 1.21%, Nifty Consumer Durables up by 0.37%, Realty up by 0.34%), and Metal (up 0.25%) also ended in the green.
Among the losers, Nifty Media (down 1.27%) was at the top. Nifty Auto was down 0.61%, Oil and Gas down by 0.33%, and Pharma was down 0.24%. Further, Nifty Bank slipped by 0.02%, while the Financial Services index inched up by 0.06%.
On Nifty, the top gainers were InterGlobe Aviation up by 2.90%, TCS up by 1.97%, and Max Healthcare Institute up by 1.64%.
While on the losing end were Sun Pharma down by 2.62%, Tata Steel down by 1.40%, and Power Grid Corporation down by 1.23%.
Out of 4,332 stocks traded on the BSE, 1,629 advanced, while 2,509 declined.
Some 194 stocks remained unchanged.
On the BSE, 95 stocks hit their 52-week highs while as many as 276 stocks hit their 52-week-lows in intraday trade.
Those hitting highs were Vedanta, Shriram Finance, Federal Bank, Ashok Leyland, Federal Bank, and Hindustan Zinc while lows included ACC, REC, PFC, UBL, Page Industries, and Colgate Palmolive (India).
Auto stocks have been losing value for the fourth consecutive session.
TVS Motor Company, Hero MotoCorp and Exide Industries shares fell more than 1% each.
Bajaj Auto, Mahindra & Mahindra (M&M), Bosch, Sona BLW Precision Forgings and Bharat Forge shares fell nearly 1% each, while Royal Enfield-maker Eicher Motors, Tata Motors Passenger Vehicles and Maruti Suzuki shares were trading in the red with marginal losses.

Leave a Reply