15.43 PM: Closing Bell: Nifty ends below 14,600, Sensex falls 585 pts amid spike in US bond yields

Market Close: Benchmark indices ended lower in the fifth straight session on March 18 amid spiking US bond yields.

At close, the Sensex was down 585.10 points or 1.17% at 49,216.52, while Nifty was down 163.40 points or 1.11% at 14,557.90. About 819 shares have advanced, 2114 shares declined, and 131 shares are unchanged.

HCL Technologies, Infosys, Dr Reddy’s Laboratories, Divis Labs and Hero MotoCorp were among the major losers, while gainers included ITC, Bajaj Auto, Hindalco, Grasim and M&M.

Among sectors, IT index shed 3 percent, while pharma index fell over 2 percent. BSE Midcap and Smallcap indices shed over 1 percent each.

News Source:- Moneycontrol

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