Closing Bell: Sensex tanks 327 points, Nifty at 15966.65

Published On: Wednesday, July 13, 2022 | By:

Closing Bell: Sensex tanks 327 points, Nifty at 15966.65

At close, the Sensex was down 372.46 points or 0.69% at 53,514.15, and the Nifty was down 91.60 points or 0.57% at 15,966.70, as investors turned cautious ahead of the key US retail inflation data due later tonight.IndusInd bank was the top BSE Sensex loser, followed by Housing Development Finance Corporation (HDFC), Bharti Airtel, HDFC Bank, and Reliance Industries, among others. On the flip side, Hindustan Unilever (HUL), Asian Paints, Sun Pharma, Kotak Mahindra Bank, NTPC, Nestle India, Power Grid Corporation of India, Infosys, ITC, and others capped the index’s losses. About 1649 shares have advanced, 1584 shares declined, and 141 are unchanged. The BSE MidCap and SmallCap indices ended 0.32 and 0.04 percent higher, respectively. Among sectors, banks & financials, and oil & gas pockets on the Nifty were the top laggards, each closing 1 percent lower. Nifty IT also ended with marginal cuts, while, FMCG and Pharma indices ended with strong gains of 1 percent each.

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