Mumbai Benchmarks Close Below Psychological Support Levels

Mumbai's stock market benchmarks closed the day down, dragged by weakness in global cues that affected sentiment. The Realty, metals, and banks sectors led the decline, while the healthcare sector bucked the trend. The National Stock Exchange's Nifty 50 index closed at 5,497.70, down 47.05 points or 0.85% from the previous close. The Bombay Stock Exchange's Sensex also fell, closing at 18,338.69, down 192.59 points or 1.04% from the previous close.

Key Takeaways:

• The Nifty 50 index closed at 5,497.70, down 47.05 points or 0.85% from the previous close.
• The Bombay Stock Exchange's Sensex closed at 18,338.69, down 192.59 points or 1.04% from the previous close.
• The BSE Realty Index fell 1.60%, the BSE Metal Index declined 1.46%, and the BSE Bankex slipped 1.19%.
• Jaiprakash Associates led the decline, down 3.37%, followed by DLF, Siemens, Bajaj Auto, and Tata Steel.
• Ranbaxy Laboratories, Hero Honda, Sun Pharma, Ambuja Cement, and Bharti Airtel were among the top gainers.
• Market breadth was negative, with 1,730 losers against 1,064 gainers.

Statistics:

• Nifty 50 index closed at 5,497.70, down 47.05 points or 0.85% from the previous close.
• Sensex closed at 18,338.69, down 192.59 points or 1.04% from the previous close.
• BSE Realty Index fell 1.60% to reference.
• BSE Metal Index declined 1.46% to reference.
• BSE Bankex slipped 1.19% to reference.

Sources:

• "MUMBAI: Benchmarks closed below psychological support levels as weak cues global cues hurt sentiments" by [no author mentioned], Times of India, [no date mentioned].