Last updated: Nov 7, 2023 4:21 PM IST
Sensex today: Lukewarm global sentiment weighed on benchmark indices on Tuesday, halting their three-day rally. The S&P BSE Sensex closed at 64,942 levels, down 16 points, while the Nifty50 ended at 19,407 points, down 5 points.
However, the frontline indices were sharply below intraday lows of 64,638 for the Sensex and 19,329 for the Nifty50.
Sun Pharma, BPCL, Dr Reddy’s Labs, LTIMindtree, NTPC, Axis Bank, SBI, ONGC, Cipla, Hindalco, SBI, Tech M and IndusInd Bank were the key gainers helping the indices recover from their lows. The share rose to 2 percent.
In contrast, broader markets posted steady gains throughout the session, closing 0.53 percent and 0.38 percent higher, respectively.
Sector-wise, the Nifty Pharma index rose 1.4 percent, followed by the Nifty PSU Bank index (+0.54 percent). On the other hand, the Nifty Realty index fell 1.4 percent.
Shares of Bajaj Finance rose 0.2 per cent after it set Rs 7,250 per share as base price for its Rs 8,800 crore qualified institutional placement (QIP).
Nykaa shares rose 3.5 per cent after the e-retailer reported a 50 per cent year-on-year rise in net profit at Rs 7.8 crore for Q2FY24. Consolidated revenue grew 22 percent to Rs 1,507 crore.