Sensex sheds 220 points amid profit booking; midcap, smallcap stocks hit

Updated: May 28th, 2024

Source: IANS

Indian equity benchmarks closed in the red today as investors took to profit booking before the Lok Sabha election results to be announced next week. 

The Sensex was down 220 points or 0.29% at 75,170, while the Nifty shed 44 points or 0.19% to close at 22,888 today.

The midcap and smallcap stocks were the worst hit, as the Nifty midcap 100 index closed at 52,294, down 466 points or 0.89%, while the Nifty smallcap 100 index was down 144 points or 0.85%, at 16,875.

The India volatility index (VIX) was down 4.31% at 24.19.

Sector-wise, auto, IT, PSU bank, metal, realty, and energy stocks were the major losers, while pharma and media shares were the major gainers.

Nineteen out of the 30 Sensex stocks closed in the red.

Power Grid, Tech Mahindra, NTPC, Bharti Airtel, Tata Motors, and Reliance were the top losers, while Asian Paints, Wipro, HUL, JSW Steel, Bajaj Finserv, and M&M were the top gainers.

(This story was taken from a syndicated feed, and edited only for style by Gujarat Samachar Digital staff)

Also read:

Sensex, Nifty trade flat; Pharma stocks shine


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