Benchmark indices swung in trade on Thursday as investors digested a 75-basis point interest rate hike by the US Federal Reserve. Besides, the weekly F&O derivatives expiry added to the volatility.
The 30-share benchmark index ended at 59119.72 down by -337.06 points or by -0.57 % and then NSE Nifty was at 17629.8 down by -88.55 points or by -0.5 %.
Sensex touched intraday high of 59457.58 and intraday low of 58832.78 The NSE Nifty touched intraday high of 17722.75 and intraday low of 17532.45
The top gainers of the BSE Sensex pack were Titan Company Ltd. (Rs. 2737.90,+2.73%), Hindustan Unilever Ltd. (Rs. 2693.05,+2.64%), Asian Paints Ltd. (Rs. 3439.00,+2.51%), Maruti Suzuki India Ltd. (Rs. 9403.85,+1.68%), ITC Ltd. (Rs. 345.10,+1.19%), among others.
The top losers of the BSE Sensex pack were Power Grid Corporation of India Ltd. (Rs. 220.05,-2.80%), HDFC Bank Ltd. (Rs. 1485.70,-2.18%), Axis Bank Ltd. (Rs. 789.10,-2.09%), Housing Development Finance Corporation Ltd. (Rs. 2418.55,-1.69%), Bajaj Finserv Ltd. (Rs. 1771.85,-1.67%), among others.
FMCG index was at 16465.88 up by 215.16 points or by 1.32%. LT Foods Ltd. (Rs. 115.20,+6.32%), Shree Renuka Sugars Ltd. (Rs. 60.20,+5.99%), Kokuyo Camlin Ltd. (Rs. 75.15,+5.47%), McLeod Russel (India) Ltd. (Rs. 36.70,+4.26%), Varun Beverages Ltd. (Rs. 1171.10,+4.13%),.
Bankex index was at 46440.06 down by -679.85 points or by -1.44%. HDFC Bank Ltd. (Rs. 1485.70,-2.18%), Axis Bank Ltd. (Rs. 789.10,-2.09%), Bank of Baroda (Rs. 138.40,-2.05%), ICICI Bank Ltd. (Rs. 902.85,-1.37%), Kotak Mahindra Bank Ltd. (Rs. 1897.60,-1.07%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3830 , shares advanced were 1918 while 1729 shares declined and 183 were unchanged.