Business Economy


Stock market ends lower, Nifty slips below 25,750

New Delhi, Jan 13 (UNI) The Indian Stock Market today ended lower in another volatile session with the Nifty slipping below 25,750 due tobrisk sell-off in auto, consumer durables, pharma and realty stocks.
At close, the Sensex crashed by 250.48 points or 0.30 percent to 83,627.69, and the Nifty shed by 57.95 points or 0.22 pc to 25,732.30.
The BSE Midcap index slipped 0.16 pc, but the Smallcap index strongly outperformed, rising 0.46 pc.
On the sectoral front, IT, media, PSU Bank, metal ended in the green. On the other hand, FMCG, capital goods, consumer durables, pharma, realty fell between 0.3-0.5 pc.
On Nifty, Eternal, ICICI Bank, and Tech Mahindra ended as the top gainers while Trent, Larsen and Toubro, and Reliance ended as the top laggards.
The rupee settled at 90.19 per US dollar, marginally weaker than its close at 90.1625 in the previous session.
Over 220 stocks hit 52-week low on the BSE. This included Dixon Technologies, Cohance Life, Trent, Godrej Properties, BASF, Whirlpool, ITC, Happiest Minds, IRCTC, Cera Sanitaryware, SignatureGlobal India among others.
Among the auto stocks, Maruti Suzuki, Mahindra & Mahindra (M&M) and TVS Motor Company shares fell over 1 pc each. Tata Motors Passenger Vehicles and Hero MotoCorp shares also fell nearly 1 pc.
Notably, the Foreign Institutional Investors (FIIs) have sold off Indian stocks worth over Rs 15,000 crore so far in January.
UNI VK SS
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