Benchmark indices ended lower in volatile session

19 Jun 2023 , 03:40 PM

On June 19, the benchmark indices experienced a volatile session and closed lower, with the Nifty hovering around 18,750.

Among the Nifty constituents, Adani Enterprises, Kotak Mahindra Bank, Hero MotoCorp, Axis Bank, and Adani Ports witnessed significant losses. Conversely, HDFC Life, Bajaj Finance, Bajaj Finserv, Tech Mahindra, and TCS emerged as the top gainers.

In terms of sectors, the auto, bank, realty, power, capital goods, realty, and FMCG indices declined by 0.5% each. However, the PSU bank index registered a 1% rise, while the Information Technology index witnessed a 0.4% increase.

The BSE midcap and smallcap indices ended the day on a relatively flat note.

During the earlier session, both indexes had recorded a rise of 0.30%, with the Nifty 50 approaching a mere 10 points below its previous record high of 18,887.60.

Among the thirteen major sectoral indexes, eight experienced a decline, with the financial sector, which holds significant weightage, witnessing a loss of 0.3%.