Benchmark indices Sensex and Nifty closed sharply lower on March 11 amid investor caution triggered by uncertain developments surrounding the US-Israel conflict involving Iran and its potential implications for inflation and economic growth.
The 30-share benhmark index ended at 76863.71 down by -1342.27 points or by -1.72 % and then NSE Nifty was at 23866.85 down by -394.75 points or by -1.63 %.
Sensex touched intraday high of 78324.37 and intraday low of 76759.26 The NSE Nifty touched intraday high of 24299 and intraday low of 23834.3
The top gainers of the BSE Sensex pack were NTPC Ltd. (Rs. 380.00,+0.72%), Sun Pharmaceutical Industries Ltd. (Rs. 1824.90,+0.66%), among others.
The top losers of the BSE Sensex pack were Bajaj Finance Ltd. (Rs. 893.15,-5.01%), Axis Bank Ltd. (Rs. 1259.05,-4.26%), Bajaj Finserv Ltd. (Rs. 1794.25,-3.95%), Mahindra & Mahindra Ltd. (Rs. 3166.80,-3.81%), Maruti Suzuki India Ltd. (Rs. 13502.40,-2.65%), among others.
Oil&Gas index was at 27355.02 up by 125.4 points or by 0.46%. Adani Total Gas Ltd. (Rs. 569.20,+20.00%), Indraprastha Gas Ltd. (Rs. 162.70,+3.20%), Oil India Ltd. (Rs. 482.70,+2.57%), Indian Oil Corporation Ltd. (Rs. 160.70,+0.53%), Oil And Natural Gas Corporation Ltd. (Rs. 270.75,+0.39%),.
Auto index was at 57374.17 down by -1812.61 points or by -3.06%. TVS Motor Company Ltd. (Rs. 3600.05,-4.89%), Ashok Leyland Ltd. (Rs. 184.85,-4.49%), Mahindra & Mahindra Ltd. (Rs. 3166.80,-3.81%), Eicher Motors Ltd. (Rs. 7250.00,-3.77%), Tube Investments of India Ltd. (Rs. 2555.50,-3.55%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4601 , shares advanced were 1979 while 2452 shares declined and 170 were unchanged.