Stock markets at close: Nifty Smallcap 100 index enters bear phase; tanks 22% from peak

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The Nifty continues to reel under a bear attack, closing below 23,000 after spending a few days floating above this level. Sentiment remains weak, even though the index managed to close 155 points off its low, as it continues to trade below a critical short-term moving average. A decisive fall from 22,800 could trigger further panic in the market. On the higher end, 23,100 appears to be the immediate resistance, above which the market may see some respite.

Stock Market LIVE Updates: Here’s a look at Nifty gainers and loser at close

Stock Market LIVE Updates: Britannia, Nestle India, ICICI Bank were the top gainers on Nifty50. Adani Ports, BEL, Adani Enterprises were among the top losers on the index. 

Stock Market LIVE Updates: Here’s a look at Sensex gainers and loser at close

Stock Market LIVE Updates: Adani Ports, Sun Pharma, UltraTech Cement were among the top losers on Sensex. Conversely, Nestle India, ICICI Bank, Infosys were the top winners. 

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices cracked. BSE Midcap was down over 2 per cent and Smallcap was down over 3 per cent. 

Stock Market LIVE Updates: Nifty50 closes at 22,929.25, down 102.15 pts

Stock Market LIVE Updates: National Stock Exchange (NSE) Nifty50 closed at 22,929.25, down 102.15 points or 0.44 per cent. In the day, the index recorded a high at 23,133.7 and low at 22,774.85. 

Stock Market LIVE Updates: Sensex closes 199.76 pts lower at 75,939.21

Stock Market LIVE Updates: BSE Sensex closed at 75,939.21, down 199.76 points or 0.26 per cent. In the day the index made an intraday high of 76,138.97 and day’s low at 75,439.64.

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