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Sensex closes lower, India VIX spikes over 6 pc ahead of Fed decision

September 18, 2024

Mumbai, Sep 18

Indian equity indices closed in the red on Wednesday as investors were cautious ahead of the US Federal Reserve monetary policy decision later in the day on Wednesday.

At closing, Sensex was down 131 points or 0.16 per cent at 82,948 and Nifty was down 41 points or 0.16 per cent at 25,377.

Intraday, Sensex and Nifty made a new all-time high of 83,326 and 25,482 respectively.

Nifty Bank was the only major index that closed in the green, up 561 points or 1.08 per cent at 52,750.

Selling was seen in the midcap and smallcap stocks.

Nifty smallcap 100 index was down 75 points or 0.39 per cent at 19,389 and Nifty midcap 100 index was down 427 points or 0.71 per cent at 59,752.

India VIX was up by 6.20 per cent at 13.37.

Among the sectoral indices, PSU banks, fin service and private banks were major gainers.

IT, auto, pharma, FMCG, metal, energy and infra were major laggards.

In the Sensex pack, Bajaj Finance, Bajaj Finserv, Nestle, HDFC Bank, ICICI Bank, SBI, L&T, M&M, IndusInd Bank and Axis Bank were the top gainers.

TCS, Infosys, Tech Mahindra, HCL Tech, Wipro, Sun Pharma, Tata Motors, Tata Steel and Titan were the top losers.

 

 

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