Closing Bell: Sensex lost 207 points and closed at 61,143 while Nifty ended 57 points lower at 18,211


Published On: Wednesday, October 27, 2021 | By:

Closing Bell: Sensex lost 207 points and closed at 61,143 while Nifty ended 57 points lower at 18,211

In today's trading, the key benchmark indices ended in red as select financial shares extended losses at close. The BSE Sensex had touched a high of 61,577 in morning deals but slipped to a low of 60,989 at the fag end of the day. The Sensex finally ended with a loss of 207 points at 61,143. The NSE Nifty from a high of 18,342, slipped to a low of 18,168, and eventually ended 57 points lower at 18,211. India VIX was up 0.8 percent at 16.88. The broader indices also trimmed gains towards the end. The BSE Midcap index ended a wee bit in green at 25,591 as against the day's high of 25,757. The Smallcap index settled at 28,534, up 0.3 percent as against the day's high of 28,696. The overall breadth was marginally positive, with 1,780 advancing shares as against 1,466 declining stocks on the BSE.

Among sectors, the Bank Nifty declined 1.1 per cent to 40,786. The PSU Bank index rose 1.8 per cent, while the Private Bank index shed 1.6 per cent. The Nifty Media and Metal indices were down nearly 2 per cent each.A day after reporting their respective Q2 results, Axis Bank shed 6.5 per cent at Rs 787, while Bajaj Finance plunged 4.8 per cent to Rs 7,476. Bajaj Finserv, IndusInd Bank, Tata Steel, Reliance Industries, NTPC, Nestle India, Kotak Bank and Mahindra & Mahindra were the other major Sensex losers, down 1-2 per cent each.

Asian Paints surged 4.4 per cent to Rs 3,094 on reports of price hikes in November. Sun Pharma, Infosys, SBI, UltraTech Cement and ITC were the other prominent gainers.

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