Benchmark Indices Close Lower, Nifty Slips Below 19,400

24 Aug 2023 , 03:42 PM

In a session marked by turbulence, the benchmark indices concluded on a negative note on August 24, with the Nifty dipping below the 19,400 mark.

By the closing bell, the Sensex experienced a decline of 180.96 points or 0.28 percent, resting at 65,252.34, while the Nifty saw a dip of 57.30 points or 0.29%, settling at 19,386.70. Out of the listed stocks, 1725 registered advances, 1768 faced declines, and 161 remained unchanged.

Among the notable losers on the Nifty were Reliance Industries, Grasim Industries, ONGC, Power Grid Corp, and JSW Steel. Conversely, BPCL, Asian Paints, IndusInd Bank, Infosys, and Britannia Industries emerged as gainers.

Across sectors, auto, capital goods, PSU banks, oil & gas, pharma, and metal sectors witnessed declines ranging from 0.3 to 0.7% each. However, the Information Technology index managed to gain 0.5%.

Meanwhile, the BSE midcap and smallcap indices concluded the session on a relatively flat note.