On Thursday, the top gainers in the share market were Adani Ports and Special Economic Zone Ltd., Infosys Ltd., Axis Bank Ltd., HCL Technologies Ltd., and Tech Mahindra Ltd. On the other hand, the top losers included Bharti Airtel Ltd., Titan Company Ltd., NTPC Ltd., State Bank of India Ltd., and ITC Ltd.
The BSE Sensex closed 213.12 points or 0.27% lower at 78,058.16, while the NSE Nifty ended 92.95 points or 0.39% down at 23,603.35.
Adani Ports was the biggest gainer with a 1.72% increase, closing at ₹1,163.95. Infosys also showed positive momentum, gaining 0.94% to ₹1,915.00. Axis Bank, HCL Technologies, and Tech Mahindra also ended in the green, with gains of 0.71%, 0.60%, and 0.58% respectively.
On the other hand, Bharti Airtel witnessed the biggest decline, dropping 2.47% to ₹1,619.55. Titan Company, NTPC, State Bank of India, and ITC also ended lower by 2.28%, 2.13%, 1.79%, and 1.53% respectively.
The market sentiment was cautious ahead of the Reserve Bank of India’s monetary policy decision. Profit booking at higher levels, along with disappointing quarterly numbers from retail major Trent, further added downward pressure on the indices. Despite opening higher tracking strong global cues, the market failed to hold onto gains.