In the last trading session of 2023, Sensex and Nifty trades low

29 Dec 2023 , 01:27 PM

Sensex and Nifty trade lower in the last session of 2023. Weak cues from global peers and selling in index heavyweights, including RIL, Infosys, and bank stocks.

Index Statistics: Sensex down 189.17 points (0.26%) at 72,221.21. Nifty down 60.30 points (0.28%) at 21,718.40. Broader markets show positive trends with 1687 shares advancing, 1529 declining, and 83 unchanged.

Bond Yields: Indian government bond yields trend lower as traders engage in year-end buying. Attractive entry points created after a recent rise in yields.

ASBA-like Facility: National Stock Exchange introduces ASBA-like facility for secondary market trading from Monday

Gold Prices: Gold prices marginally decline in the last trading session of 2023. Gold records its best year in three, driven by expectations of US interest rate cuts and geopolitical tensions.

Mahindra & Mahindra Penalty: Mahindra & Mahindra faces a penalty of Rs 4.12 crore over input tax credit and education cess credit carry forward from pre-GST to GST regime in its two-wheeler business.

For feedback and suggestions, write to us at [e-mail]