Sensex, Nifty End Mixed After Rallying For Seven Days; SpiceJet Jumps 20%
The NSE building. (Photographer: Vishal Patel/ BloombergQuint)

Sensex, Nifty End Mixed After Rallying For Seven Days; SpiceJet Jumps 20%

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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.

SpiceJet Extends Gain, Jumps 20%

Shares of SpiceJet extended its morning gains and rose as much as 20 percent, the most since July 2012, to Rs 94.50.

Sensex, Nifty End Mixed After Rallying For Seven Days; SpiceJet Jumps 20%

Punjab National Bank Jumps On Reports Nirav Modi Arrested In London

Shares of Punjab National Bank pared losses and rose as much as 4 percent to Rs 94.15 on media reports that Nirav Modi was arrested in London.

Sensex, Nifty End Mixed After Rallying For Seven Days; SpiceJet Jumps 20%

IPO Udpate: Embassy Office Parks REIT IPO Subscribed 119% On The Final Day So Far

Embassy Office Parks REIT IPO was subscribed 1.19 times so far, according to the NSE data. The offer closes today.

Europe Market Check: Equities Trade Mixed With All Eyes On Fed’s Upcoming Decision

European shares traded mixed ahead of the Federal Reserve’s policy decision. Brexit also remains in focus with nine days left until the U.K. is due to exit the European Union and uncertainty over how long it could be delayed.

Sensex, Nifty End Mixed After Rallying For Seven Days; SpiceJet Jumps 20%
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