Sensex Today | Stock Market LIVE Updates: GIFT Nifty points to positive start; global markets advance
Market on Thursday | Market extends losses; Nifty below 24,100, Sensex dips 539 points
Indian benchmark indices extended their losses for the second consecutive session on August 27, as buying in consumer durables and pharma stocks was offset by selling across media, metals, oil & gas and PSU banks. The market failed to sustain its opening gains and remained largely in negative territory through the session.
The Nifty closed at 24,090.85, down 116.90 points or 0.48%, while the Sensex declined 539.35 points or 0.70% to 76,933.59.
The broader market outperformed the benchmark indices, with Nifty midcap and smallcap indices ended with marginal losses.
Hindalco Industries, HDFC Bank, M&M, HCL Technologies, Shriram Finance were among top losers on the Nifty, while gainers are Kotak Mahindra Bank, Adani Enterprises, Bharat Electronics, Cipla and Adani Ports.
Among sectors, Consumer Durables and Pharma up nearly 1% each, while media, metal, oil & gas, PSU Bank, auto, FMCG down 0.4-0.9%