Closing Bell on May 7, 2024: Profit booking continued at the bourses on Tuesday as investors sold stocks across sectors. The S&P BSE Sensex fell 384 points, or 0.52 per cent, to end at 73,512 levels. It hit an intraday low of 73,259.
The Nifty50, on the other hand, ended near the 22,300 at 22,303, down 140 points or 0.62 per cent. The index slipped to a low of 22,232 during the day.
Power Grid, IndusInd Bank, Tata Motors, JSW Steel, HCL Tech, NTPC, Tata Steel, ICICI Bank, M&M, Axis Bank, Reliance Industries, HDFC Bank, and Ultratech Cement were the top laggards on the 30-stock index, sliding between 1 per cent and 4 per cent.
HUL, Tech M, Nestle India, TCS, ITC, Kotak Bank, and Infosys, on the other hand, lent some support with up to 5.6 per cent gain.
The broader markets, too, bled heavily with the BSE MidCap, and SmallCap indices dipping up to 3 per cent intraday. They ended 1.9 per cent, and 1.65 per cent lower, respectively.
Among sectors, the Nifty FMCG index advanced 2 per cent, while the Nifty IT added around 1 per cent. All other sectoral indices ended in the negative zone led by the Nifty Realty index (down around 3.5 per cent).
 "Stock Market Highlights, May 7: Sensex declines 384 pts, Nifty nears 22,300; FMCG, IT buck trend")
