Stock Market LIVE Updates: GIFT Nifty indicates a flat opening; US markets gain, Asia trades flat
Market on Monday | Nifty extends fall for a fourth day but holds above 25,000
Benchmark indices ended lower on July 14 after fourth day of selling but Nifty 50 managed to hold on to the 25,000 level and the broader markets closed with gains, with buying seen across the sectors barring IT shares.
The Nifty 50 index touched a low at 25,001.95 but last-hour buying helped trim intraday losses to close at 25,082.30, down 67.55 points or 0.27 percent and Sensex was down 247.01 points or 0.30 percent at 82,253.46. Broader indices outperformed the main indices with BSE Mid and Smallcap indices rising 0.5 percent each. Among sectors, IT index shed 1 percent, while pharma, consumer durables, media, realty, PSU bank rose 0.5-1 percent.
Jio Financial, Bajaj Finance, Tech Mahindra, Wipro, Asian Paints were among major losers on the Nifty, while gainers were Eternal, Titan Company, IndusInd Bank, ONGC, SBI Life Insurance.