Indian equity benchmarks traded lower in afternoon deals on December 17, as profit booking in select heavyweights weighed on sentiment even as PSU bank stocks outperformed.
At around midday, the Sensex slipped nearly 150 points, while the Nifty hovered around the 25,800 mark. Broader markets remained under pressure, with the BSE Midcap index down 0.2 percent and the Smallcap index declining 0.4 percent.
Top Gainers and Losers on Nifty
Among Nifty gainers, Shriram Finance, SBI, Eicher Motors, Hindalco Industries and Tata Consumer Products were trading higher, supported by stock-specific buying.
On the downside, Max Healthcare, SBI Life Insurance, HDFC Life, ICICI Bank and Apollo Hospitals were among the top losers, dragging the benchmark indices lower.
Sectoral Performance
Sector-wise, PSU Bank stocks gained around 1 percent, emerging as the top-performing sector of the day. In contrast, media stocks fell nearly 1 percent, while realty shares also remained under pressure, contributing to the marketтАЩs weakness.
Overall, markets continued to consolidate amid mixed sectoral cues and subdued broader market sentiment.
Keywords: Stock market live updates, Sensex today, Nifty today, PSU bank stocks, Indian stock market news, Nifty gainers and losers, market midday update
