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Stock Market: Sensex, Nifty settle lower for third day in a row

Mumbai: The domestic benchmark indices edged lower for the third day in a row. As per market experts, investors is waiting for the  Reserve Bank of India’s (RBI’s) bi-monthly policy outcome due on Friday.

BSE Sensex slipped 575 points or 0.97% to close at 59,035.  NSE Nifty moved 168 points or 0.94% lower to settle at 17,640. Nifty Midcap 100 index fell 1.02% and small-cap shed 0.31%.12 out of the 15 sector gauges – compiled by the National Stock Exchange ended lower. The overall market breadth of BSE was positive as 1,708 shares advanced and 1,703 declined.

Also Read: Agricultural exports from India touch all-time high in 2021-22 

The top gainers in the market were  Axis Bank, Hindustan Unilever, ICICI Bank, M&M, DR Reddy’s and Tech Mahindra. The top losers in the market were Adani Ports, Titan, HDFC,  HDFC Bank, ONGC, Wipro, Reliance Industries, PowerGrid, Bharti Airtel, L&T and TCS.

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