Taking Stock: Sensex pares gains, falls 98 points; small, midcaps outperform
Episode 2876, Sep 14, 2020, 10:51 AM
The Indian market witnessed profit-taking at higher levels on September 14, pushing the Sensex below the crucial 39,000 level while the Nifty50 closed below 11,450.
The S&P BSE Sensex ended 98 points lower to 38,756 while the Nifty50 was down 24 points to 11,440.
Sectorally, action was seen in IT, realty, consumer durable and consumer discretionary stocks. Profit-taking was visible in telecom, banks, finance, and energy stocks.
The broader markets outperformed benchmark indices. The S&P BSE midcap index rose 1.5 percent while the S&P BSE smallcap index was up 4 percent.
The S&P BSE Sensex ended 98 points lower to 38,756 while the Nifty50 was down 24 points to 11,440.
Sectorally, action was seen in IT, realty, consumer durable and consumer discretionary stocks. Profit-taking was visible in telecom, banks, finance, and energy stocks.
The broader markets outperformed benchmark indices. The S&P BSE midcap index rose 1.5 percent while the S&P BSE smallcap index was up 4 percent.