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Taking Stock | Market snaps 2-day winning streak; Sensex falls 765 points, Nifty below 17,200

Over 150 stocks, including Tech Mahindra, Vodafone Idea, HBL Power, hit a 52-week high on the BSE.

December 03, 2021 / 04:42 PM IST

Benchmark indices broke their two-day winning streak, with the Sensex closing below the 58,000 mark and Nifty below 17,200.

After a flat to positive start, the market gave up the gains and remained volatile in the first half. Indices then closed near the day's low amid selling in heavyweights, FMCG, and financials in the second half.

Sensex closed 764.83 points or 1.31 percent lower at 57,696.46, and the Nifty was down 205 points or 1.18 percent at 17,196.70.

"Following a positive opening, benchmark indices gave up all gains led by losses in heavyweights in anticipation of the RBI meet next week. Meanwhile, investors were also cautious after India reported Omicron cases," said Vinod Nair, Head of Research at Geojit Financial Services.

IndexPricesChangeChange%
Sensex59,932.24224.16 +0.38%
Nifty 5017,610.40-5.90 -0.03%
Nifty Bank40,669.30156.30 +0.39%
Nifty 50 17,610.40 -5.90 (-0.03%)
Thu, Feb 02, 2023
Biggest GainerPricesChangeChange%
ITC378.6017.20 +4.76%
Biggest LoserPricesChangeChange%
Adani Enterpris1,565.25-570.10 -26.70%
Best SectorPricesChangeChange%
Nifty FMCG45981.601023.30 +2.28%
Worst SectorPricesChangeChange%
Nifty Metal5908.20-268.85 -4.35%