Market on Monday | Nifty ends below 26,000, Sensex dips 331 points; IT outperforms
A volatile trading session on November 24 saw the benchmark indices end lower amid selling across sectors barring the IT pack ahead of monthly expiry, with the Nifty 50 index closing below the 26,000 mark.
The market failed to build on to early gains, and following a last-hour selling, Sensex ended down 331.21 points or 0.39 percent at 84,900.71, while the Nifty 50 closed down 108.65 points or 0.42 percent at 25,959.50. Broader market indices underperformed the key indices, with BSE midcap down 0.3 percent while smallcap index shed 0.8 percent.
Tech Mahindra, Eicher Motors, Bajaj Auto, Wipro, Infosys are among major gainers on the Nifty, while losers are JSW Steel, Bharat Electronics, Max Healthcare, Grasim Industries, Dr Reddys Labs.
Among sectors, except IT, all other indices ended in the red with media, metal, realty, pharma, oil & gas, FMCG down 0.4-1 percent.