Closing Bell:Sensex 673 points, Nifty at 18042.95


Published On: Wednesday, January 4, 2023 | By:

Closing Bell:Sensex 673 points, Nifty at 18042.95

At Close, the Sensex was down 636.75 points or 1.04% at 60,657.45, and the Nifty was down 189.50 points or 1.04% at 18,043, as the Street awaited release of the minutes of the US Fed's latest meeting. Tata Motors, Power Grid, Tata Steel, HDFC twins, Infosys, Wipro, Reliance, IndusInd Bank, ITC, Nestle, and Bharti Airtel were the worst hit on the Sensex, down 1-2.5 percent. On the Nifty, JSW Steel, Hindalco, Coal India, and ONGC were the top laggards, which shed up to 4 percent. TCS, Maruti, Divis's Labs, HDFC Life, and Dr Reddy's were among the handful of stocks that held minor gains. About 1154 shares have advanced, 2230 shares declined, and 135 shares are unchanged.. All the broader market indices ended in the red. Nifty Next 50 dipped 1.04%, Nifty Midcap 50 dropped 1.10%, Nifty Large Midcap 250 plunged 1% and the Nifty Total market ended 1.06% lower. All the sectoral indices concluded in red as well. Nifty Bank fell 1.07%, Nifty IT dropped 0.98% and Nifty FMCG fell 0.66%.

Pharma index suffered a fractional loss of 0.15 per cent. The volatility index India VIX rose 5.64%.

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