Indian benchmark indices snapped their three-day winning streak as investors booked profits


Published On: Wednesday, June 23, 2021 | By:

Indian benchmark indices snapped their three-day winning streak as investors booked profits

Benchmark indices snapped their three-day winning streak and ended half a percent lower today(23rd June 2021) as investors booked profits at higher levels. Besides, a cut in India's CY21 growth forecast by Moody's further dampened the sentiment on the Street. Barring the auto segment, all other sectoral indices settled the session in the red with the Nifty Metal (1 percent) and IT (0.87 percent) indices nursing the steepest losses. Overall, the S&P BSE Sensex index closed at 52,306 levels, down 282.6 points or 0.54 percent while the Nifty50 index ended at 15,687 levels, down 86 points or 0.54 percent. Maruti Suzuki, Titan Company, Bajaj Finserv, M&M, Ultratech Cement, Hero MotoCorp, and ONGC were the top gainers in the large-cap space while Adani Ports, Wipro, JSW Steel, Divis Labs, Shree Cement, L&T, Kotak Bank, and TCS were the top laggards.

In the mid-, and small-cap segment, PNB Housing Finance, Central Bank of India, United Breweries, Adani Enterprises, PNB Gilts, Dhanlaxmi Bank, and Indian Overseas Bank dragged the BSE MidCap and SmallCap indices 0.26 per cent and 0.43 per cent lower, respectively. 

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