After posting stellar gains for the past seven sessions, the benchmark indices took some breather on December 7 with Nifty falling below 20,900 amid selling in the capital goods, FMCG, Information Technology and metal stocks.
Amid weak global cues, the benchmark indices started on a negative note with Nifty below 20,900 and witnessed consolidation throughout the session, ahead of the RBI monetary policy meeting scheduled on December 8. However, the final-hour buying helped Nifty to close at 20,900.
The 30-share benchmark index ended at 69521.69 down by -132.04 points or by -0.19 % and then NSE Nifty was at 20901.15 down by -36.55 points or by -0.17 %.
Sensex touched intraday high of 69695.33 and intraday low of 69320.53 The NSE Nifty touched intraday high of 20941.25 and intraday low of 20850.8
The top gainers of the BSE Sensex pack were Power Grid Corporation of India Ltd. (Rs. 229.85,+2.43%), UltraTech Cement Ltd. (Rs. 9359.65,+1.62%), Titan Company Ltd. (Rs. 3585.65,+1.10%), NTPC Ltd. (Rs. 284.05,+1.03%), State Bank of India (Rs. 611.85,+0.62%), among others.
The top losers of the BSE Sensex pack were Bharti Airtel Ltd. (Rs. 998.75,-2.46%), Hindustan Unilever Ltd. (Rs. 2520.00,-1.80%), Tata Steel Ltd. (Rs. 130.00,-1.37%), ITC Ltd. (Rs. 458.10,-1.06%), Larsen & Toubro Ltd. (Rs. 3360.75,-0.91%), among others.
Power index was at 5741.92 up by 149.26 points or by 2.67%. Tata Power Company Ltd. (Rs. 325.75,+10.76%), NHPC Ltd. (Rs. 64.28,+6.71%), JSW Energy Ltd. (Rs. 458.20,+4.37%), Adani Green Energy Ltd. (Rs. 1624.40,+3.79%), Adani Energy Solutions Ltd. (Rs. 1197.60,+3.04%),.
_FMCG index was at 19603.44 down by -167.51 points or by -0.85%. Uttam Sugar Mills Ltd. (Rs. 409.05,-8.20%), Dalmia Bharat Sugar and Industries Ltd. (Rs. 408.60,-5.69%), Balrampur Chini Mills Ltd. (Rs. 408.40,-5.31%), Triveni Engineering & Industries Ltd. (Rs. 345.25,-4.97%), DCM Shriram Industries Ltd. (Rs. 158.65,-4.69%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4147 , shares advanced were 2311 while 1684 shares declined and 152 were unchanged.