CLOSING BELL
Stock market highlights: Equity markets swung in trade amid lack of fresh triggers for a decisive move. The S&P BSE Sensex see-sawed between 54,524 and 53,886 -- a range of 638 points -- before settling the day at 54,053, down 236 points or 0.43 per cent.
On the NSE, the Nifty50 shut shop at 16,138, down 77 points or 0.47 per cent. The index had hit a high of 16,263 and a low of 16,079 during the choppy session.
IT, metal, and pharma stocks weighed on the benchmarks with Divis Labs, Grasim, Tech M, Hindalco, ONGC, HUL, HCL Tech, and Tata Consumer, and Infosys sliding in the range of 2 to 6 per cent. On the upside, Dr Reddy's Labs, Kotak Bank, HDFC twins, and Tata Motors helped trim the losses. These shares rallied between 1 and 1.5 per cent.
The BSE MidCap and SmallCap indices, meanwhile, slipped 0.85 per cent and 1.14 per cent, respectively. Among sectors, the Nifty IT and Pharma indices shed 1.4 per cent and 2 per cent, respectively, on the National Stock Exchange, while the Nifty Financial Services index added 0.4 per cent.
New listing
Logistics giant Delhivery closed at Rs 538 as against its issue price of Rs 487 a share.
Venus Pipes and Tubes, on the other hand, ended at Rs 352 relative to its issue price of Rs 326 on the BSE.