Market update 1st Aug 23

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Sensex, Nifty end marginally lower amid volatility; realty worst hit

A mixed trend was witnessed on the sectoral front with the Realty index falling nearly 2 percent and the PSU Bank index down 0.5 percent. The Information Technology index rose 1 percent and the Metal index added 0.75 percent.

After showing smart recovery in the previous session, the Indian equity indices remained in a consolidation mood on August 1. At close, the Sensex was down 68.36 points or 0.10 percent at 66,459.31, and the Nifty was down 20.30 points or 0.10 percent at 19,733.50.

The market started the day with marginal gains but witnessed profit booking in the initial hours and remained rangebound during the day and settled with marginal losses.

Coal India, NTPC, Tech Mahindra, HCL Technologies and LTIMindtree were among the top gainers on the Nifty, while losers included Power Grid Corp, Hero MotoCorp, Apollo Hospitals, Bajaj Finserv and IndusInd Bank.

A mixed trend was witnessed on the sectoral front with the Realty index falling nearly 2 percent and the PSU Bank index down 0.5 percent. The Information Technology index rose 1 percent and the Metal index added 0.75 percent.

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