Sensex down over 200 points; Nifty 50 ends below 17,200 levels; Realty top sectoral performer; IT, Pharma, Comsumer durable underperform

25 Mar 2022 , 03:47 PM

Equity benchmark indices ended lower for the third consecutive session dragged by consumer durables and information technology stocks. Also, the market remained volatile on account of the heightened geopolitical tensions and inflation concerns.

The 30-share BSE Sensex slipped 233 points or 0.41 per cent to close at 57,362, while the broader NSE Nifty moved 70 points or 0.40 per cent lower to settle at 17,153.

The midcap and smallcap shares finished on a weaker note as Nifty Midcap 100 index edged 0.12 per cent lower and small-cap shed rose 0.49 per cent.

Nifty Metal gained over 5% to end positive 3 out of last 4 weeks. IT, Pharma, Consumer Durables and FMCG were seen under maximum pressure, while Realty, PSU Bank, Oil & gas gained in a weak market.

Bajaj Auto, Adani Ports, SBI, Reliance, Kotak Bank, Asian Paints, Bharti Airtel and Dr Reddy’s were among gainers, while Titan, Tech Mahindra, Maruti, IOC, Hero MotoCorp, Tata Steel and TCS dragged. 

Meanwhile, India’s 10-year bond yield inched higher and the Indian rupee depreciated tracking high global crude oil prices.