Sensex closes 346 points lower, Nifty below 25,400; Airtel down 3%
Bharti Airtel crashed 2.62%, Asian Paints fell 1.92%, Infosys dropped 1.05%, Bharti Airtel declined 1.03%, and Tech Mahindra was down 0.94%.The broader market indices closed with losses as Nifty Midcap 100 fell 0.30%, Nifty Smallcap 100 dropped 0.27%, and India VIX declined 2.24%. Among the sectoral indices, the gainers were Nifty Metal up 0.42%, Nifty Pharma rising 0.59%, Nifty Realty up 0.72%, Nifty Consumer Durables gaining 0.11%, and Nifty Oil & Gas up 0.03%.The losing sectors included Nifty Auto down 0.12%, Nifty Financial Services falling 0.20%, Nifty FMCG declining 0.57%, Nifty IT down 0.79%, Nifty Media falling 0.15%, Nifty PSU Bank dropping 0.80%, Nifty Private Bank down 0.48%, and Nifty Healthcare declining 0.56%.The market close showed selective strength in metal, pharma, and realty stocks while IT, banking, and FMCG stocks faced selling pressure.- Ends
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