Indian benchmark indices reversed their gains from the previous session and closed lower, with the Nifty hovering around 22,000.
At the close, the Sensex declined by 453.85 points or 0.62%, settling at 72,643.43, while the Nifty dropped by 123.40 points or 0.56% to reach 22,023.30. Market activity showed 1724 shares advancing, 1939 shares declining, and 113 shares remaining unchanged.
The top losers on the Nifty included BPCL, M&M, Tata Motors, Coal India, and L&T, while the gainers were Bharti Airtel, UPL, Bajaj Finance, HDFC Life, and Adani Enterprises.
Except for Telecom (up 1%), all other sectoral indices ended in the red, with oil & gas, auto, capital goods, and healthcare down by 1-2%.
The BSE Midcap index was down by 0.5%, while the Smallcap index closed on a positive note.
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