Benchmark indices Sensex and Nifty closed in the red on Tuesday as investors booked profits following Monday's sharp rally. Market sentiment turned cautious amid the ongoing conflict between Israel and Iran.
According to experts, rising global crude oil prices and uncertainty surrounding the upcoming US Federal Reserve interest rate decision also prompted investors to adopt a wait-and-watch approach, leading to subdued market activity.
The 30-share benchmark index ended at 81583.3 down by -212.85 points or by -0.26 % and then NSE Nifty was at 24853.4 down by -93.1 points or by -0.37 %.
Sensex touched intraday high of 81890.15 and intraday low of 81427.01 The NSE Nifty touched intraday high of 24982.05 and intraday low of 24813.7
The top gainers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 1716.60,+1.33%), Infosys Ltd. (Rs. 1640.15,+1.01%), Asian Paints Ltd. (Rs. 2264.50,+0.93%), Tata Consultancy Services Ltd. (Rs. 3515.25,+0.57%), Maruti Suzuki India Ltd. (Rs. 12595.35,+0.48%), among others.
The top losers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 1648.85,-2.18%), Eternal Ltd. (Rs. 247.30,-1.92%), Tata Motors Ltd. (Rs. 675.00,-1.70%), Bajaj Finance Ltd. (Rs. 922.90,-1.58%), IndusInd Bank Ltd. (Rs. 809.60,-1.40%), among others.
IT index was at 38654.35 up by 247 points or by 0.64%. Happiest Minds Technologies Ltd. (Rs. 667.65,+10.96%), AXISCADES Technologies Ltd. (Rs. 1282.70,+5.00%), Tanla Platforms Ltd. (Rs. 676.40,+2.97%), Control Print Ltd. (Rs. 818.90,+2.75%), Intellect Design Arena Ltd. (Rs. 1228.35,+1.52%),.
HCS index was at 43373.62 down by -803.57 points or by -1.82%. Sigachi Industries Ltd. (Rs. 54.82,-6.88%), Dishman Carbogen Amcis Ltd. (Rs. 260.55,-5.00%), Syncom Formulation (India) Ltd. (Rs. 20.26,-4.93%), Shilpa Medicare Ltd. (Rs. 932.45,-4.92%), Bliss GVS Pharma Ltd. (Rs. 141.15,-4.18%)
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4333 , shares advanced were 1590 while 2584 shares declined and 159 were unchanged.