Financial shares came to the rescue of the benchmark indices for the second straight day, today (22nd Oct.2021) as select index heavyweights weighed under selling pressure. The BSE benchmark index, the Sensex, opened 120-odd points higher at 61,044 and rallied to a high of 61,420 on the back of fresh buying in early trades. Selling pressure re-emerged in the second half of the trading session, with ITC, technology, and metal stocks leading the fall. The BSE 30-share index slid to a low of 60,551 - down 869 points from the day's high.
The Sensex eventually ended with a minor loss of 100 points at 60,822. The NSE Nifty from a high of 18,314, dropped to a low of 18,034, and finally settled 63 points lower at 18,115. The India VIX declined 1.8 percent to 17.70.
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