Markets at close- Sensex ends in the red for the 7th day in a row

istockphoto-sensex down

Representative Image.

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Mumbai: Benchmark indices ended a volatile session on September 29th on a negative note on the back of weak global cues. From the start of the session, all indices witnessed strength but gave up gains during the day. Sensex ended the session down 188 points to close at 56,409, down 0.3%. Nifty lost 40 points to close at 16,818, down 0.2%. About 1,884 shares have advanced, 1,543 shares declined, and 135 shares remained unchanged. 11 stocks hit their 52-week high while 4 stocks hit their 52-week low. Shree Cement was the top gainer in the Nifty 50 index up 3.5% followed by ONGC up 3.4%. Asian Paints was down 4.7% and were the top loser in Nifty followed by Hero Moto down 3.4%.
Broader indices outperformed the Nifty and closed in the green.
Nifty Pharma Index advances for 3 days in a row. The sector has gained more than 3 % in the last 3 days.
Nifty PSU Bank Index snapped its six-day losing streak and was up ~2% also the top performing sector. PSB was the top performing stock up over 6% followed by Bank of India up over 5% in the sector.
The Nifty IT sector snapped its three-day winning streak to end the session down 0.9%. Mindtree was the top loser in the sector, down over 3%.
Nifty Bank fell for the seventh day in a row and was down over 600 points from days. Kotak Bank and ICICI Bank were the top losers in the sector.
Nifty Metal Index declined over 2% from the day's high. Adani Ent and Ratnamani were amongst the top losers in the sector.
Rites, Cochin Ship., Go Fashion, Cipla and Flurochem hit their 52-week high today while Intellect, Zensar Tech, Birla Soft, Sanofi and IEX were a few stocks to hit their 52-week low.
Meanwhile, the international oil benchmark Brent crude was trading positively at $88 up 0.2% per barrel.
The Rupee was trading near its all-time low against the US dollar. The Rupee made a high of 81.58 and was currently trading at 81.75 against the dollar.
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