All the sectoral indices ended in the green, with metal, PSU Bank, realty, power, telecom, capital goods up 1-2 percent.
At closing, the benchmark Sensex dropped 0.7 percent, or 548 points, settling at 77,311.80, while the Nifty50 index declined by 0.76 percent, or 178.35 points, to 23,381.60
The Nifty 50 shed 0.39% to 23,603.35, while the BSE Sensex slipped 0.27% to 78,058.16, dragged down by rate-sensitive auto and consumer stocks as caution prevailed a day ahead of RBI rate decision
In today's gain, investors' wealth rose by Rs 3.25 lakh crore, as the market capitalization of BSE-listed companies rose to Rs 449.72 lakh cr
Indian markets rebounded from a three-day slump, driven by gains in consumer staples and banking shares. The NSE Nifty 50 Index edged up 0.34 percent to 24,936.40, while the BSE Sensex rose 0.46 percent to 81,559.54.
Titan Company, Tata Consumer, ITC, NTPC and Adani Ports were among the top gainers on the Nifty, while losers included L&T, ONGC, Hindalco, Shriram Finance and Bajaj Finance.
NTPC, HDFC Life, PowerGrid Corp, ONGC and Bharat Petroleum Corp were among the top Nifty gainers. The big losers were Eicher Motors Ltd, JSW Steel, SBI Life, Mahindra & Mahindra, and Britannia Industries
Bank Nifty tumbled more than 4 percent, recording its biggest fall since February 2022 with all the 12 index stocks closing in the red
Broader market indices fared better and closed with gains. However some stocks were negatively affected by changes in GST tax rates.
BSE midcap and smallcap indices underperformed the benchmarks and ended on a flat note
Metal stocks shone during the day while cement stocks buzzed due to likely review of taxes during the upcoming GST Council meeting.
Among sectors, the Nifty PSU bank index added 1.5 percent, IT a percent and the energy index closed 0.6 percent higher.
Adani Enterprises, Tata Steel, IndusInd Bank, Eicher Motors and Infosys were among the top Nifty gainers, losers included Titan Company, Apollo Hospitals, Nestle India, Larsen & Toubro and ITC
M&M, TCS, HCL Technologies, Tech Mahindra and IndusInd Bank were among the top Nifty gainers. The big losers were Titan Company, Bajaj Finserv, Grasim Industries, Bajaj Auto and HDFC Life
On the sectoral front, oil & gas and power indices gained 1 percent each, while selling was seen in the pharma, metal and PSU banks.
All the sectoral indices ended in the red.
The BSE midcap and smallcap indices lost 0.6-1 percent.
Among sectors, Nifty information technology index shed 3 percent, PSU bank, metal and energy indices were down 1 percent each. However, FMCG index gained nearly 1 percent.
On the sectoral front, the Nifty PSU Bank index rose nearly 4 percent while the Nifty Bank index gained 1 percent, touching a fresh high of 43,640.90, intraday.
NTPC, Bajaj Finserv, Tata Motors, SBI Life Insurance and IndusInd Bank were among the top Nifty losers. The gainers included Asian Paints, BPCL, HUL, Larsen and Toubro
BPCL, Tata Steel, Hindalco Industries, Dr Reddy's Laboratories and UPL were among the top Nifty losers
The BSE midcap and smallcap indices performed in line with the main indices and ended on a flat note.
On the BSE, auto and metal indices shed 1 percent each, while metal and realty indices added 0.5 percent each.
Except PSU bank, all other Nifty sectoral indices ended in the green. auto, energy, FMCG, infra and metal indices were up 1-1.8 percent
Except PSU bank, all other sectoral indices ended in the green.