3.41 PM: Closing Bell: Nifty ends below 14,350, Sensex tumbles 740 pts; PSU bank, energy, auto worst hit

Market Close: Benchmark indices ended lower for the second day in row with Nifty below 14,350 dragged by the PSU Bank, FMCG, auto and energy stocks.

At close, the Sensex was down 740.19 points or 1.51% at 48,440.12, and the Nifty was down 224.50 points or 1.54% at 14,324.90. About 748 shares have advanced, 2147 shares declined, and 170 shares are unchanged.

IOC, Maruti Suzuki, HUL, Bharti Airtel and Coal India were among the major losers on Nifty, while gainers were Tata Steel, Dr Reddy’s Laboratories, ICICI Bank, HDFC and JSW Steel.

Nifty PSU Bank, FMCG, auto, infra, IT and energy indices slipped 2-3 percent. BSE Midcap and Smallcap indices fell 1.8-2.2 percent.

News Source:- Moneycontrol

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