Share Market Highlights 26 October 2023: Nifty settled at 18,857, Sensex falls 900 pts; M&M, Bajaj Finance drag, Axis Bank, HCL gain
The Nifty dived 264.90 points or 1.39 per cent to 18,857.25.
Besides sluggish trends in global markets, deep losses in auto, financial and energy stocks as well as fresh selling by foreign investors added to the gloom, analysts said.
The 30-share BSE Sensex slumped 900.91 points or 1.41 per cent to settle below the 64,000 mark at 63,148.15. During the day, it plummeted 956.08 points or 1.49 per cent to 63,092.98.
Mahindra & Mahindra was the biggest loser in the Sensex pack, falling 4.06 per cent, followed by Bajaj Finserv, Asian Paints, Nestle, Bajaj Finserv, JSW Steel, Titan, HDFC Bank, Tech Mahindra, Tata Motors and Larsen & Toubro.
In contrast, Axis Bank, ITC, HCL Technologies, NTPC and IndusInd Bank were the gainers.