Market Close Highlights: Sensex ends down 450pts, Nifty at 21,995; Major sectoral indices red, broader markets end mixed

Sensex Today Live : Indian benchmark indices ended the fourth stratight session in the red as lingering risks in West Asia and fading hopes of an early rate cut from the US Federal Reserve weighed on investor sentiment in India.

Sensex, which had opened higher at 73,183.10, climbed to an intraday high of 73,473.05. But unable to keep the momentum going, the 30-stock benchmark index shed its gains to touch a low of 72,365.67 in the later hours of the trading session. At close, the BSE Sensex had shed 454.25 points, or 0.62%, to close at 72,488.99.

Meanwhile, the Nifty 50, which had opened higher at 22,212.35, also climbed to an intraday high of 22,326.50. But weighed down by risk sentiment, the benchmark index fell to a low of 21,981.90. At close, the Nifty 50 was at 21,995.85, down 152.05 points, or 0.69%.

Only seven of the 30 stocks on the Sensex ended the day in the green, with gains led by Bharti Airtel, Power Grid Corp., Infosys, Tata Steel, and Larsen & Toubro, while Nestle India, Titan, Axis Bank, NTPC, and Tata Motors, were the top drags for the day.

Meanwhile, only fourteen of the 50 stocks on the Nifty 50 ended the day in the green, with gains led by Bharti Airtel, Power Grid Corp., Bajaj Auto, Hindalco, and Infosys, while Apollo Hospital Enterprise, Nestle India, Titan, ONGC, and Axis Bank, were the top losers for the day.

The broader market ended on a mixed…