MUMBAI: Benchmark equity indices Sensex and Nifty fell for the second day on Thursday dragged down by losses in IT stocks and relentless foreign fund outflows.
Falling for the second day in a row, the BSE Sensex tumbled 553.12 points or 0.69 per cent to settle at 79,389.06.During the day, it slumped 654.25 points or 0.81 per cent to 79,287.93. The NSE Nifty fell by 135.50 points or 0.56 per cent to 24,205.35.
From the 30-share Sensex pack, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Asian Paints, Infosys and Maruti Suzuki were the biggest laggards.
In contrast, Larsen & Toubro jumped over 6 per cent after the infrastructure major posted a 5 per cent rise in consolidated profit after tax to Rs 3,395 crore in the September 2024 quarter on account of higher income.
Mahindra & Mahindra, Power Grid, JSW Steel, Kotak Mahindra Bank, HDFC Bank and Sun Pharma were also among the gainers.
Foreign institutional investors (FIIs) were net sellers in the capital markets on Thursday, as they offloaded shares worth Rs 5,813.30 crore, according to exchange data.
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