Share/Stock Highlights: The topline equity indices on the National Stock Exchange (NSE) and BSE marginally lower after recovering from their intraday lows on Wednesday amid the weakness in global markets.
The S&P BSE Sensex fell 254.33 points (0.43 per cent) to settle at 59,413.27 while the Nifty 50 slipped 37.30 points (0.21 per cent) to end at 17,711.30. Earlier in the day, the BSE benchmark had crashed 556.19 points (0.93 per cent) to hit an intraday low of 59,111.41, while the broader Nifty had touched a low of 17,608.15, down 140.45 points (0.79 per cent).
Housing Development Finance Corporation (HDFC) was the biggest laggard of the day on the Sensex pack. It was followed by Kotak Mahindra Bank, Asian Paints, Ultratech Cement, Hindustan Unilever (HUL) and HDFC Bank. On the other hand, NTPC, Power Grid Corporation of India, Sun Pharmaceutical Industries, State Bank of India (SBI), Titan Company and Tata Steel were the top gainers of the day.
Among sectoral indices, the Nifty Financial Services index fell 0.88 per cent weighed by HDFC Asset Management Company, HDFC and Piramal Enterprises. The Bank Nifty too slipped 0.53 per cent lower dragged by Kotak Mahindra Bank HDFC Bank and Axis Bank.
In the broader market, the S&P BSE MidCap index gained 154.20 points (0.62 per cent) to end at 25,169.93, while the S&P BSE SmallCap settled at 27,926.54, up 111.56 points (0.40 per cent).
(with inputs from agencies)