The two key equity benchmarks, Sensex and Nifty, on Thursday again settled in the red after Wednesday’s gains. The domestic indices on Thursday weighed by losses in index heavy weights such as Tata Consultancy Services, Bharti Airtel, Infosys, Axis Bank, Hindustan Unilever, among many others.
The BSE Sensex plunged 502 points to 58,909. On the other hand, the NSE Nifty closed trade at 17,322, down 129 points.
On the 30-share Sensex platform, Maruti, Axis Bank, TCS, Nestle, Infosys, M&M were the prime laggards. On the flip side, PowerGrid, Sun Pharma, HCL, L&T, UltraCemco emerged winners.
Among individual stocks, shares of RVNL soared 10 per cent after it emerged as the lowest bidder to manufacture 200 Vande Bharat trains. Besides, shares of Sonata Software rallied 5 per cent to hit a new high of Rs 809 on strong dollar revenue growth outlook.
In the broader markets, the BSE Midcap and Smallcap indices slipped into red, and were down around 0.2 per cent each.
Sectorwise, Nifty Realty index gained the most, nearly 1 per cent, whereas Nifty IT index was the worst hit as it dropped over 1 per cent.
In the previous session on Wednesday, the S&P BSE Sensex closed with a gain of 449 points at 59,411, while the NSE Nifty ended 147 points higher at 17,451.