April 15, 2024 / 07:21 AM IST
Market On Friday:
Benchmark indices Sensex and Nifty faced a significant one percent decline on April 12 due to a broad-based selloff. Investor sentiment was dampened by US CPI inflation data, which dashed hopes of a June rate cut and led to a surge in treasury bond yields.
At close, the Sensex was down 793.25 points or 1.06 percent at 74,244.90, and the Nifty 50 was down 234.40 points or 1.03 percent at 22,519.40. About 1,280 shares advanced, 2,017 shares declined, and 64 shares were unchanged.
Top Nifty gainers were Divis Laboratories, Tata Consumer Products, Nestle, and TCS while Sun Pharmaceutical Industries, Maruti Suzuki, Power Grid Corp, and Titan Co were the biggest laggards.
All sectoral indices closed in the red. Nifty Pharma and Nifty Healthcare were the worst hit as they were down 1.8 percent and 1.5 percent, respectively. Nifty Media, Nifty PSU Bank, and Nifty FMCG closed over 1 percent lower each.
The BSE midcap index also slipped 0.4 percent and the smallcap index shed 0.5 percent.
