Sensex, Nifty End Mixed After Rallying For Seven Days; SpiceJet Jumps 20%
Closing Bell: Sensex, Nifty End Mixed As Losses In ICICI Bank, Maruti Suzuki Offset Gains In HDFC Bank, Infosys
Indian equity benchmarks ended mixed after rallying for seven consecutive trading sessions, their longest gaining streak since December 2018.
The S&P BSE Sensex ended 0.06 percent or 23.28 points higher at 38,386.75, while the NSE Nifty 50 ended at 11,521.05, down 0.1 percent. This after the losses in ICICI Bank Ltd. and Maruti Suzuki India Ltd. pressured gains in HDFC Bank Ltd. and Infosys Ltd.
The broader market index, represented by the NSE Nifty 500 Index also closed lower after declining 0.18 percent.
The market breadth was tilted in favour of sellers. About 1,086 stocks declined and 667 shares advanced on National Stock Exchange.
Six out of 11 sectoral gauges compiled by NSE advanced, led by the NSE Nifty Realty Index’s 2.43 percent rally. On the flipside, the NSE Nifty Media Index was the top sectoral loser, down 3.38 percent.
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