CLOSING BELL: Sensex ended the day with a loss of 293 points at 60,841 and the Nifty 50 settled 86 points lower on the last trading day of the year

The NSE Nifty 50 settled 86 points lower on the last trading day of the year, but was up 1.7 per cent this week and 4.3 per cent in 2022.

Among the Sensex 30 shares, ICICI Bank was down over 1.5 per cent, and was solely responsible for a near 100 points loss on the 30-share benchmark. Bharti Airtel, HDFC, Nestle India, Mahindra & Mahindra, ITC, Asian Paints, Larsen & Toubro and PowerGrid Corporation were the other notable losers.

On the positive front, Bajaj Finserv rallied over 2 per cent. Titan, Bajaj Finance and Tata Steel were up over a per cent each.

The broader markets outperformed the benchmark indices in trade today. The BSE Midcap index gained 0.4 per cent, while the Smallcap index advanced 0.8 per cent. The overall market breadth too was fairly positive, with nearly 2,200 advancing shares versus 1,300-odd declining stocks on the BSE.

In contrast the day’s performance, the broader indices were underperformers in the year 2022. The BSE Midcap index finished with a gain of 1.4 per cent as against the Sensex gain of 4.4 per cent. The Smallcap index was down 1.8 per cent for the year.