Market ends low amid IT selloff; mid, small-caps underperform
At close, Sensex declined 0.1%, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12%, or 27.4 points, to 22,470.5.
At close, Sensex declined 0.1%, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12%, or 27.4 points, to 22,470.5.
At close, the Sensex was down 12.85 points or 0.02% at 74,102.32, and the Nifty was up 37.60 points or 0.17% at 22,497.90.
Analysts at Morgan Stanley expect the Sensex to hit the 105,000 mark by December 2025 as their bull-case scenario for the index.
At close, the Sensex was down 7.51 points or 0.01% at 74,332.58, and the Nifty was up 7.80 points or 0.03% at 22,552.50. For the week, BSE Sensex added 1.5% and Nifty jumped 2%.
Benchmark indices on Wednesday bounced back sharply with Nifty finishing above 22,300, breaking a 10-day losing streak.
The top gainers on the Sensex were UltraTech Cement, HDFC Bank, and Bajaj Finance, while the only losers were ICICI Bank, Titan Company, Kotak Mahindra Bank, and ITC.
All the sectors faced profit booking decline except IT, FMCG and Pharma counters. At around 2.00 p.m., the S&P BSE Sensex trade on a flat note at 55,617.55.
The top gainers on the Sensex were Mahindra & Mahindra, Tata Steel and Bajaj Finserv
The NSE Nifty50 ended the session at 16,483.90, higher by 119.50 points or 0.73 per cent from its previous close.
It opened at 54,071.22 and has touched an intraday high of 54,274.40 and a low of 54,034.31 points.
