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Nifty tanks below 21,300 amid rout in banks, realty & metals| Zee cracks over 30% | Closing Bell

Nifty plunges below 21,300, dragging Sensex down by 1,000 points. Mid and smallcap indices take a hit with over 3% cuts. The NSE sees an advance-decline ratio at 1:6. Banks, realty, and metals are major sectoral losers. Pharma holds strong, thanks to Cipla. HDFC Bank lags on the index, while Zee tumbles over 30% post the merger fallout. Railway and PSU stocks break their winning streak. FIIs have been consistent sellers for 4 days. Check out the Nifty losers and gainers, including IndusInd, Coal India, ONGC, SBI Life, Cipla, Sun, Airtel, ICICI Bank, Hero Moto, and Apollo Hosp. Catch Nandita Khemka in conversation with Jay Patel-Research Head at InvestMentor Securities Limited

first published: Jan 23, 2024 03:34 pm

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