Indian Indices Slip as Global Markets Send Mixed Signals

26 Mar 2024 , 01:50 PM

Indian benchmark indices experienced a downturn on Tuesday, influenced by mixed signals from global markets. The Sensex declined by 160.65 points or 0.22%, closing at 72,671.29, while the Nifty dropped by 33.00 points or 0.15%, ending at 22,063.80.

Market breadth was negative, with 1363 shares advancing, 2075 shares declining, and 116 shares remaining unchanged. The broader market exhibited positivity, with the BSE MidCap index rising by 0.44% and the BSE SmallCap index increasing by 0.06%.

Sector-wise performance showed the Information Technology index declining by 0.5%, while capital goods, realty, oil & gas, and metal sectors saw gains ranging from 0.5% to 1%. The BSE Midcap index rose by 0.5%, while the small-cap index remained flat.

Top gainers on the Nifty included Bajaj Finance, Bajaj Finserv, ONGC, Britannia, and Adani Ports & SEZ, whereas Eicher Motors, Power Grid Corp., Wipro, Divi’s Lab, and UltraTech Cement were the top losers.

On the Sensex, Bajaj Finance, Bajaj Finserv, NTPC, Larsen & Toubro, and Tata Motors emerged as the top gainers, while Power Grid Corp., Wipro, UltraTech Cement, Tech Mahindra, and Bharti Airtel were the top losers.

Foreign institutional investors (FIIs) were net sellers of shares worth ₹3,309.76 Crore, while domestic institutional investors (DIIs) bought shares worth ₹3,764.87 Crore on March 22, according to provisional data from the NSE.

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