Banks and realty among the most hit on account of high borrowing costs.
Bank shares were the top losers after sharp gains last week.
Banks stocks continued to trade weak along with FMCG major ITC.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
The Sensex ended up 48 points at 28,386 and the Nifty gained 13 points to close at 8,476.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
Markets ended lower for the third straight day on Tuesday weighed down by profit taking in rate sensitives with bank shares leading the decline after hopes of rate cut by the central bank faded.
The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
Sensex, Nifty end lower on global concerns.
The Sensex ended in red on domestic concerns.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
The 30-share Sensex ended down 245 points at 28,799 and the 50-share Nifty closed down 81 points at 8,750
The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
The Sensex ended lower on unfavourable cues.
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
However, IT stocks fell on weak growth forecast by Gartner
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
TCS, ICICI Bank, Sun Pharma,Tata Motors and HDFC among the top losers for the day
Growth concerns on China, which has already seen the yuan getting devalued twice in August, have rattled global financial markets, including that of India.
The upcoming July derivatives expiry later in the week would also add some volatility to the market proceedings.
Now mergers, acquisitions, sale of assets, fundraising, strategic intent and competitive position in the market are part of business life everywhere.
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
Sensex seems to be under pressure on weak cues.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
.jpg)
Banks, real estate and metal scrips among the top losers.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
RIL, HDFC twins, M&M, Infosys among the top losers for the day.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances