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Market Highlights: Sensex crashes 503 points, Nifty ends below 17,400-mark - The Indian Express

Bombay Stock Exchange building. (Express archive photo)

Share/Stock Highlights: The benchmark indices on the BSE and National Stock Exchange (NSE) erased their day’s gains and ended nearly 1 per cent lower on Monday.

The SP BSE Sensex crashed 503.25 points (0.86 per cent) to end at 58,283.42 while the Nifty 50 fell 143.05 points (0.82 per cent) to settle at 17,368.25. Both the indices had opened around 0.5 per cent higher and traded positive through most of the morning before giving up their gains and turning negative in the afternoon session.

On the Sensex pack, Bajaj twins comprising of Bajaj Finance and Bajaj Finserv were the top laggards on Monday, followed by Reliance Industries (RIL), Mahindra Mahindra, Nestle India and State Bank of India (SBI). On the other hand, Axis Bank, Tech Mahindra, Maruti Suzuki India, Power Grid Corporation of India, Titan Company and Dr Reddy’s Laboratories were among the top gainers.

Among sectoral indices, the Nifty Realty index fell 1.35 per cent weighed by Brigade Enterprises and Sobha. The Nifty PSU Bank slipped 1.34 per cent dragged by Union Bank of India and Canara Bank. The Nifty FMCG index too dipped 0.96 per cent due to a fall in Radico Khaitan and Tata Consumer Products.

(with inputs from agencies)

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The equity indices on the BSE and National Stock Exchange (NSE) snapped their three-session winning streak and ended on a flat note with marginal losses on Friday weighed by HDFC twins and Kotak Mahindra Bank.

The SP BSE Sensex slipped by 20.46 points (0.03 per cent) to end at 58,786.67, while the broader Nifty 50 dipped 5.55 points (0.03 per cent) to 17,511.30.

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