At the close, the Sensex was down 825.74 points or 1.26 percent at 64,571.88, and the Nifty was down 260.90 points or 1.34 percent at 19,281.80. About 606 shares advanced, 3101 shares declined, and 144 shares were unchanged.
2/8
Mahindra and Mahindra Ltd: Shares of the automobile major rose a marginal 0.4 percent to Rs 1,565, becoming the top gainer on the Nifty in an otherwise dull market.
3/8
Bajaj Finance Ltd: Shares of the company rose 0.4 percent to Rs 7,798. The surge in the share price comes after three consecutive sessions of decline. Recently, brokerage firm Macquarie upgraded the stock to outperform from underperform.
4/8
Adani Ports and Special Economic Zones Ltd: Shares of the port major fell 3 percent to Rs 771 on October 23. Volumes were also low as 12 lakh shares changed hands as against the 1-week average of 26 lakh shares.
LTIMindtree Ltd: Shares of the IT major fell 4 percent to Rs 5,201 extending gains for the second day in a row. In Q2, the company posted in-line revenue growth in the September quarter on strong deal wins despite a challenging demand environment. The positive commentary from the management buoyed the counter.
6/8
Hindalco Ltd: Shares of the aluminum and copper major tumbled 3.2 percent to Rs 456, extending losses for the third day in a row on October 23.
7/8
UPL Ltd: Shares of the company fell over 2.5 percent to Rs 588 on October 23, extending losses for the fifth day in a row.