Indian Stock Market Ends Volatile Session with Nifty Around 20,950

8 Dec 2023 , 03:36 PM

Indian equity markets finished a turbulent trading day on December 8th with the Nifty benchmark index closing near the 20,950 mark.

Sectoral Performance:

• Gainers: HCL Technologies, JSW Steel, LTIMindtree, Apollo Hospitals, and Infosys were the top performers on the Nifty.
• Losers: Adani Enterprises, ITC, Adani Ports, Hero MotoCorp, and Britannia Industries witnessed losses.
• Sector-wise: FMCG, oil & gas, power, healthcare, and auto sectors saw declines, while banks, information technology, and realty sectors edged higher.

Broader Market:

• The BSE midcap index closed marginally lower, whereas the smallcap index fell by 0.5%.

Overall Sentiment:

The market remained volatile throughout the session, reflecting investor concerns ahead of the Reserve Bank of India’s upcoming monetary policy decision.