The Nifty Index closed at 25,796.9, reflecting a decline of 2.12%. During the trading session, the Nifty reached a high of 25,639.45 and a low of 25,230.3. Meanwhile, the Sensex traded within a range of 83,752.81 to 82,434.02, ultimately closing 2.1% lower at 84,266.29, which is 1,769.19 points below its opening price.
.The Midcap index underperformed the Nifty 50, with the Nifty Midcap 50 closing down by 2.29%. Conversely, small-cap stocks outperformed the Nifty 50, as the Nifty Small Cap 100 ended at 19,331.3, down 378.7 points, equating to a decline of 1.96%.
The Nifty 50 has provided the following returns:-
In the last week: -3.65%
In the last month: -0.08%
In the last three months: 4.0%
In the last six months: 12.59%
In the last year: 29.34%
The two biggest gainers in the Nifty index were Oil & Natural Gas Corporation (up 0.03%) and JSW Steel (up 1.15%). On the other hand, the biggest losers were Tata Motors (down 4.09%), Larsen & Toubro (down 4.27%), Axis Bank (down 4.15%), Bharat Petroleum Corporation (down 5.27%), and Shriram Finance (down 4.51%).
The Bank Nifty hit an intraday high of 52,582.95 and a low of 51,683.4 before closing at 52,922.6. The following is a summary of the Bank Nifty’s performance.
– In the last week: -4.63%
In the last month: 0.33%
In the last three months: -2.32%
– In the last six months: 8.89%
In the last year: 16.8%
Top Losers: Larsen & Toubro (down 4.18%), Axis Bank (down 4.12%), Tata Motors (down 4.08%), Reliance Industries (down 3.91%), Maruti Suzuki India (down 3.90%)