The two key equity benchmarks, Sensex and Nifty, on Thursday began with modest gains tracking mixed global sentiment. The domestic indices, however, turned flat and sharply declined after a positive start. At 10 am, the BSE Sensex dropped 207 points to 66,694. On the other hand, the NSE Nifty50 was trading at 20,048, down 48 points.
On the 30-share Sensex platform, Asian Paints, HDFC Bank, Tata Steel, NTPC, IndusInd Bank, ICICI Bank emerged losers. On the flip side, UltraCemco, M&M, Axis Bank, Sun Pharma, HUL, Wipro were among gainers. A total of 1,548 shares advanced, 502 declined, while 143 shares remain unchanged.
In the broader markets, the BSE Midcap and Smallcap indices advanced 0.13 per cent and 0.34 per cent, respectively.
Sectorally, the Nifty Bank, Auto, Financial Services, FMCG, Pharma, and Private Bank indices gained 0.2 per cent each, while Nifty IT fell 0.23 per cent.
Among new listing, shares of Tata Technologies made an impressive debut on the bourses today, listing at 140 per cent premium to the IPO price. The stock started trading at Rs 1,200 on the NSE and at Rs 1,199.95 on the BSE, while its issue price was Rs 500. Gandhar Oil Refinery and Fedbank Financial Services will also debut today.
In the previous session on Wednesday, the S&P BSE Sensex surged 728 points to close at 66,902, the NSE Nifty50 closed above the 20,000-mark for the first time after more than two months at 20,097, up 207 points.