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Sensex falls 329 points; IT, banking stocks slump

Reported by:  PTC News Desk  Edited by:  Jasleen Kaur -- December 15th 2021 04:43 PM -- Updated: December 15th 2021 05:08 PM
Sensex falls 329 points; IT, banking stocks slump

Sensex falls 329 points; IT, banking stocks slump

Indian equities markets key indices closed in the red for the fourth straight session with benchmark Sensex closing 329 points down dragged by selling pressure in IT, metal, banking, and financial stocks. The broader Nifty 50 of the National Stock Exchange (NSE) closed 0.60 per cent down at 17,221.40 points. The Nifty 50 touched a high of 17,351.20 points and a low of 17,192.20 points in the intra-day. The 30-stock S&P BSE Sensex of the Bombay Stock Exchange closed at 57,788.03 points, 0.57 per cent or 329.06 points down from its previous day close at 58,117.09 points. The Sensex touched a high of 58,218.25 points and a low of 57,671.61 points in the intra-day. [caption id="" align="alignnone" width="1200"]sensex closing october 28 2021 falls below 60000 nifty below 17900 bse markets news | Markets News – India TV The Sensex touched a high of 58,218.25 points and a low of 57,671.61 points in the intra-day.[/caption] Also read | Punjab CM Channi orders probe into Asthana's 'letter leak' case The benchmark indices have ended in the red for the fourth consecutive session. There was heavy selling pressure in technology, metal, and banking and financial stocks. Bajaj Finance slumped 3.10 per cent to Rs 6,849.80. Bajaj Finserv fell 2.55 per cent to Rs 16,693. ITC 1.88 per cent down at Rs.224; TCS 1.47 per cent down at Rs.3569.60; Titan 1.33 per cent down at Rs 2,322.05; HCL Technologies 1.21 per cent down at Rs 1,147.75; HDFC 1.13 per cent down at Rs 2,721 and Tata Steel 1.12 per cent down at Rs 1,153.85 were among the major Sensex losers. [caption id="" align="aligncenter" width="650"]Share Market LIVE Updates: Sensex, Nifty Edge Higher; Reliance Industries, Bharti Airtel Top Movers Only nine of the 30 Sensex scrips closed in the positive.[/caption] Also read | Punjab to invite applications for allotment of proposed 25,000 EWS Houses Only nine of the 30 Sensex scrips closed in the positive. Sun Pharma climbed 2.59 per cent to Rs.775.55. Other major gainers included: Kotak Bank 1.48 per cent higher at Rs 1,867.75; Mahindra & Mahindra 1.06 per cent higher at Rs 843.65; Maruti Suzuki 1.01 per cent higher at Rs 7,566.75 and Larsen & Toubro 0.63 per cent higher at Rs 1,880.80. [caption id="" align="aligncenter" width="1200"]Nifty outlook: Tech View: Nifty forms 'Hanging Man' candle, signals exhaustion among bulls - The Economic Times Representative image[/caption] -PTC News

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