Sensex and Nifty Trade Flat as IT Losses Offset Metal and Power Gains

26 Dec 2023 , 01:32 PM

Indian benchmark indices, Sensex and Nifty, remained lacklustre in Tuesday’s trade. IT share losses offset gains in metal and power stocks, with Nifty IT being the only sectoral performer trading with cuts.

India VIX surged over 8% higher, reaching 14.83. Inox Wind rose more than 3% on the back of an order win boost.

OMCs (HPCL, BPCL, and OIL) traded higher as Red Sea shipments resumed.

Sensex traded at Rs 71,331, reflecting a 0.32% increase from the previous close. Nifty traded at Rs 21,436, marking a 0.41% hike from the previous close.

Top gainers: Tata Chemicals (7.14%), Laurus Labs (4.75%), Aarti Industries (4.59%), Bharat Electronics (4.58%).

Top losers: RBL Bank (-3.69%), Manappuram Finance (-2.89%), Vodafone Idea (-1.84%), PVR Inox (-1.93%).

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