Market Today
Indian benchmark indices ended lower for the second consecutive session amid volatile trade on August 18, with the Nifty closing a tad above 19,300.
At close, the Sensex was down 202.36 points or 0.31 percent at 64,948.66, and the Nifty was down 55.10 points or 0.28 percent at 19,310.15.
For the week, Sensex and Nifty fell 0.5 percent each.
Amid weak global cues the market started on a negative note and remained in red terrain for most of the session. However, it witnessed some recovery in last hour but closed the session with marginal losses.
Major losers on the Nifty included Hero MotoCorp, TCS, Coal India, Hindalco Industries and Tech Mahindra, while gainers were Adani Enterprises, Adani Ports, Eicher Motors, Maruti Suzuki and Nestle India.
Except FMCG and Power, all other sectoral indices ended in the red with Information Technology index shed 1.5 percent and Metal index down nearly 1 percent.
The BSE midcap and smallcap indices ended on a negative note.
(This is a developing story and will be updated shortly)
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- Source: https://www.moneycontrol.com/news/local-markets/taking-stock-sensex-nifty-end-lower-amid-volatility-it-stocks-major-hit_17211111.html
