Indian Benchmark Indices Close on Negative Note in Volatile Trading Session

13 Oct 2023 , 03:38 PM

On October 13, 2023, the Indian benchmark indices closed on a negative note in a volatile trading session, with the Nifty hovering around the 19,750 mark. Here are the key highlights of the market for that day:

• Sensex Performance: The Sensex, India’s primary stock market index, concluded the session at 66,282.74, showing a decline of 125.65 points or 0.19%.
• Nifty Performance: The Nifty, another significant stock market index, ended the day at 19,751, registering a decrease of 43.00 points or 0.22%.
• Market Breadth: Market breadth was nearly balanced, with 1,800 shares advancing, 1,739 shares declining, and 155 shares remaining unchanged.
• Top Nifty Losers: Among the top Nifty losers were Axis Bank, Infosys, Adani Enterprises, SBI (State Bank of India), and Wipro.
• Top Nifty Gainers: Notable gainers on the Nifty included Tata Motors, IndusInd Bank, HCL Technologies, Tata Consumer Products, and Nestle India.
• Sectoral Performance: The auto and realty sectors posted gains of 0.5% each. In contrast, the metal, bank, and information technology sectors experienced declines of 0.5% each.
• Midcap and Smallcap Indices: The BSE midcap and smallcap indices closed on a relatively flat note.

This trading day was marked by volatility and concluded with a negative bias. While some sectors like auto and realty managed to post gains, others, including metal, bank, and information technology, experienced declines. Market breadth was almost even, with a similar number of advancing and declining shares. Midcap and smallcap indices exhibited a relatively stable performance.