The key domestic indices closed on a weak note. Nifty IT, Nifty Realty and Nifty Financial Services shares declined, while Nifty Metal shares advanced.

As per provisional closing data, the barometer index, the S&P BSE Sensex, fell 813.35 points or 1.08% to 74,764.23. The Nifty 50 index retreated 203.60 points or 0.86% to 23,431.50. In the past three trading sessions, the Nifty and Sensex fell by 1.95% and 2.29%, respectively.

The broader market performed better than frontline indices. The BSE 150 MidCap Index posted modest losses of 0.33% and the BSE 250 SmallCap Index edged lower by 0.50%.

The market breadth was fragile. On the BSE, 2197 shares rose and 2955 shares declined. A total of 215 shares were unchanged.

Tata Steel Ltd was the top traded stock in NIFTY50 index today, recording a quantity of 459.85 lakh shares and recorded a sharp increase of 59.86% compared to last one-week’s average daily volume. The stock has fallen sharply by around 3.20% in last one-month and has spiked 9.08% over last one year.

HDFC Bank Ltd was the second highest traded stock in NIFTY50 index today, recording a quantity of 391.74 lakh shares and recorded a sharp spurt of 50.97% compared to last one-week’s average daily volume. The stock has dropped sharply 3.83% in last one-month and has fallen sharply 27.23% over last one year.

Index action

The Nifty Metal index climbed by 1.79% to 13391.4 today. The index has eased by 0.26% in last one week and has slipped by 0.53% over last one month. It is sharply higher by around 35.38% in last one year. Jindal Stainless Ltd (up 6.03%), Adani Enterprises Ltd (up 5.13%), Tata Steel Ltd (up 2.50%), Hindalco Industries Ltd (up 1.77%) and National Aluminium Company Ltd (up 1.77%) jumped.

The Nifty IT index plunged 3.24% to 28914.0 today. The index has dropped sharply by 5.12% in last one week and has shed 5.53% over last one month. It has weakened by 12.90% in last one year. Coforge Ltd (down 5.38%), Infosys Ltd (down 4.34%), HCL Technologies Ltd (down 3.70%), Tech Mahindra Ltd (down 3.27%) and Wipro Ltd (down 2.62%) retreated.

The Nifty Realty index shed 2.23% to 872.2 today. The index is modestly higher by 0.08% in last one week and has inched lower by 0.66% over last one month. It is up 1.77% in last one year. Lodha Developers Ltd (down 3.80%), Brigade Enterprises Ltd (down 3.51%), DLF Ltd (down 2.96%), Godrej Properties Ltd (down 2.60%) and Aditya Birla Real Estate Ltd (down 2.49%) traded lower.