Market wrap: Bajaj Finance, Cipla, Nestle India, Eternal top gainers and losers on Nifty and Sensex on Thursday
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Indian equity benchmarks extended their losing streak to a third consecutive session on Thursday.
- ✓The Nifty 50 fell 124 points to close at 22,688, while the Sensex shed 460 points to settle at 73,249.
- ✓Many stocks fell as selling pressure and weak global cues showed that investors got very cautious.
Story at a Glance
- Category
- MARKET
- Reported By
- The Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Indian equity benchmarks extended their losing streak to a third consecutive session on Thursday, as persistent selling pressure and weak global cues weighed on investor sentiment. Markets opened lower and extended losses in early trade, with the Nifty 50 falling more than 1% intraday, before late-session buying helped trim losses.
The Nifty 50 declined 124 points, or 0.54%, to close at 22,688, while the BSE Sensex shed 460 points, or 0.62%, to settle at 73,249.
Broader markets underperformed the benchmarks, with the Nifty Smallcap 100 and Nifty Midcap 100 indices falling around 1% each. Meanwhile, the India VIX, a gauge of expected market volatility, edged up to 15.82, signalling heightened caution among investors.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
The Economic Times
Read the full, original unfiltered story directly on the publisher's portal.