Closing Bell: Sensex down 311 points, Nifty at 17844.60


Published On: Monday, February 20, 2023 | By:

Closing Bell: Sensex down 311 points, Nifty at  17844.60

At Close, the Sensex was down 311.03 points or 0.51% at 60,691.54, and the Nifty was down 99.60 points or 0.56% at 17,844.60 as Sell-off engulfed equity markets in the second half of the session with banking and financial services stocks taking the deepest plunge. The top gainers on the Nifty 50 were Divis Lab, UltraTech Cement, Tech Mahindra, Power Grid, and Hindalco while Adani Enterprises, Cipla, Britannia, BPCL, and UPL were the top losers. About 1370 shares have advanced, 2118 shares declined, and 155 shares are unchanged. In the broader market, the S&P BSE MidCap and SmallCap indices outperformed the benchmarks as they fell 0.12 percent and 0.16 percent, respectively. Among sectoral indices, the Nifty PSU Bank index fell over 1 percent, followed by the Nifty Bank, Financial Services, Private Bank, and Realty indices dipped 0.9 percent each. The Nifty IT index, on the other hand, gained 0.54 percent.

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