Wednesday's losers and gainers in Sensex pack

May 12, 2021 17:22

The BSE Sensex spiralled lower for the second straight session on Wednesday, weighed by heavy selling in banking and finance stocks, as global equities extended their losses on concerns that soaring commodity prices will trigger earlier-than-expected rate hikes.

The 30-share BSE benchmark slumped 471.01 points or 0.96 per cent to finish at 48,690.80.

Similarly, the broader NSE Nifty tumbled 154.25 points or 1.04 per cent to 14,696.50.

IndusInd Bank was the top laggard on the Sensex chart, shedding 3.35 per cent, followed by HUL, ONGC, ICICI Bank, Axis Bank, Kotak Bank, M&M, UltraTech Cement and Tech Mahindra.

On the other hand, Titan, Maruti, PowerGrid, SBI, NTPC, Dr Reddy's and L&T managed to close in the green, climbing up to 1.31 per cent.

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