At close, Sensex was up a little over 50 points at 82,276. This marks a fall of around 682 points from its intraday high of 82,958, which it had hit in the morning amid strong buying in IT stocks. Nifty 50 ended the session around 58 points higher at 25,482, after falling over 170 points from its day’s high of 25,653.
Today’s gains were led by metals, with the Nifty Metal index rising 2.7%. IT stocks, which had surged sharply in the morning, also pared partial gains by the end of the session.
The Nifty IT index closed 1.57% higher, while the auto and pharma indices gained 1.85% each. FMCG, PSU Banks, realty, along with oil & gas indices however, closed in the red.
Top gainers and losers
HCLTech shares were the top gainers on Sensex, rising nearly 3%. Tata Steel, Tata Consultancy Services (TCS), IndiGo, Sun Pharma and Mahindra & Mahindra (M&M) followed, rising around 2% each.
Heavyweight Reliance Industries (RIL) led losses, falling more than 2% and dragging down the index sharply. State Bank of India (SBI), Adani Ports, Zomato-parent Eternal and others followed.