New Delhi, 16 December (H.S.): Domestic stock benchmarks closed lower on Tuesday for the second consecutive session amid persistent selling pressure, erasing over ₹3.33 lakh crore from investor wealth as the BSE Sensex shed 533.50 points or 0.63% to settle at 84,679.86, while the Nifty 50 declined 167.20 points or 0.64% to end at 25,860.10.
Selling Dominates Key Sectors Amid Volatile Trade
Trading opened weakly, with brief buying spurts quickly overwhelmed by heavy offloading in oil & gas, metals, banking, IT, and realty stocks, dragging broader indices like midcap (-0.78%) and smallcap (-0.69%) lower; consumer durables and telecom bucked the trend with gains. Of 4,328 BSE stocks traded, 2,520 fell against 1,651 advances, while NSE saw 1,936 decliners out of 2,827 active scrips, with Sensex's 23 of 30 components and Nifty's 39 of 50 ending in red.
Market Cap Shrinks, Top Gainers and Losers Emerge
BSE-listed firms' market capitalization plummeted to ₹467.70 lakh crore (provisional) from Monday's ₹471.03 lakh crore, reflecting the sharp downturn; standout gainers included Titan Company (+1.64%), Bharti Airtel (+1.56%), Tata Consumer Products (+1.08%), Bajaj Auto (+0.76%), and Asian Paints (+0.38%), while Axis Bank (-5.07%), Eternal (-4.69%), JSW Steel (-2.89%), HCL Tech (-1.92%), and Tata Steel (-1.76%) led the losers.
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Hindusthan Samachar / Jun Sarkar
