Stocks

Sensex drops 300 points, Nifty ends below 11,200; IT, Pharma stocks stem losses

Our Bureau/Agencies | Updated on September 22, 2020 Published on September 22, 2020

Equity indices ended Tuesday in red after witnessing seesaw trade throughout the session.

The BSE Sensex ended 0.8 per cent lower at 37,734 while the Nifty 50 index fell 0.9 per cent to 11,153.

IT and Pharma stocks cushioned the losses. The Nifty IT index ended 0.9 per cent higher while the Pharma index gained 1.1 per cent. The top sectoral laggard in today's trading was Media index, ending lower by 2.6 per cent, followed by Nifty Realty and Nifty Auto index ending lower 1.5 per cent each.

The midcap and smallcap indices ended with a loss of 1.5 per cent and 1.7 per cent respectively. India Volatility Index ended 4.87 per cent lower at 21.10.

Market breadth was negative with 1,382 stocks on the NSE ended in red while 458 managed to close in green.

 

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Published on September 22, 2020
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