The Indian stock market benchmarks- the Sensex and the Nifty 50- ended flat with negative biases on Thursday, December 18, due to a lack of fresh triggers. The Sensex closed 78 points, or 0.09%, lower at 84,481.81, while the Nifty 50 settled at 25,815.55, down 3 points, or 0.01%. The BSE Midcap index ended with modest gains of 0.05%, while the Smallcap index fell 0.28%. IT stocks, including Infosys, TCS, and Tech Mahindra, were key support for the Sensex. On the other hand, select heavyweights such as HDFC Bank, Sun Pharma, and Bharti Airtel remained the top drags on the index.
Indian stock market: 10 key highlights from the day
1. Why did the Indian stock market fall?
The domestic market remained in the consolidation mode for the fourth consecutive session. In these four sessions, the Sensex has declined by 786 points, or 0.92%, while the Nifty 50 has retreated by 0.89%.
(This is a developing story. Please check back for fresh updates.)
