Sensex Today | Stock Market LIVE Updates: GIFT Nifty hints at flat opening; Wall Street slips, Asian markets gain
Market on Tuesday | Nifty ends below 22,750 amid expiry day volatility; Sensex sheds 242 pts
In a volatile session, Indian equity markets ended lower for the second consecutive day on September 29, with the Nifty closing around 22,700 amid F&O expiry.
The market opened on a weak note and hit an intraday low of 22,569.65. Despite a mid-session recovery, uncertainty over prospects of an Iran war peace deal, persistent FII selling, a weakening rupee, rising crude oil prices and elevated US Treasury yields continued to weigh on sentiment.
At close, the Sensex was down 242.65 points or 0.33 percent at 72,529.07, and the Nifty was down 64.05 points or 0.28 percent at 22,716.20.
Broader markets underperformed the main indices with Nifty midcap index declining 0.6 percent and smallcap index falling 0.8 percent.
Titan Company, Eternal, HCL Technologies, HDFC Life, Infosys were among top Nifty losers, while gainers were Dr Reddy’s Labs, NTPC, Tata Steel, Adani Enterprises and Adani Ports.
Among sectors, except media, metal and pharma, all other sectoral indices ended in the red with Auto, Information Technology and Consumer Durables down over 1 percent each.