Market On Friday | Sensex closes below 80,000, Nifty near 24,400
The Indian equity market ended lower in the rangebound session on August 29 with Nifty at around 24,400 and Sensex settled below 80,000 mark. Despite a negative start, the market traded in a positive territory for the most part of the session but amid final hour selling pressure, the indices ended near day’s low.
At close, the Sensex was down 270.92 points or 0.34 percent at 79,809.65, and the Nifty was down 74.05 points or 0.30 percent at 24,426.85. BSE Midcap index shed 0.4 percent and smallcap index down 0.3 percent.
Shriram Finance, ITC, Bharat Electronics, Trent, Asian Paints were among top gainers on the Nifty, while losers were M&M, Infosys, Apollo Hospitals, Adani Enterprises, Reliance Industries.
On the sectoral front, metal, IT, realty, auto shed 0.5-1%, while Capital Goods, Consumer Durables, media, FMCG index rose 0.2-1%.