Sensex dips 184 pts as RIL, HDFC twins weigh; Avalon Tech tanks 9% on debut

CLOSING BELL: The broader markets outperformed; Midcap and SmaIlcap indices were up 0.5 per cent and 0.2 per cent, respectively.

Image SI Reporter New Delhi
BSE, stock market, sensex

Stock Market Highlights: The key benchmark remained under selling pressure for the second straight day as investors preferred to book some gains following the recent steep rally. Broader indices, however, outperformed and managed to end higher in trades on Tuesday.

Among the frontline indices, the S&P BSE Sensex declined 534 points in intra-day deals, from a high of 60,113 to a low of 59,579. The BSE benchmark finally ended 184 points lower at 59,727. The NSE Nifty 50 slipped 47 points to 17,660.

PowerGrid Corporation dropped 2.3 per cent and was the top loser among the Sensex 30 shares. UltraTech Cement, Reliance Industries and Titan declined 1-2 per cent each. On the other hand, IndusInd Bank and HCL Technologies rallied over 2 per cent each. Nestle India and Wipro were the other major gainers.

The broader indices outperformed, with BSE Midcap index up 0.5 per cent, and the Smallcap index adding 0.2 per cent.
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First Published: Apr 18 2023 | 7:42 AM IST

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