Nifty 50: How the benchmark index performed yesterday
Indian equities ended lower on 30 April, with the Nifty 50 declining 0.74% (–180 points) to close at 23,997.55, slipping below the key 24,000 mark after a volatile session. The Sensex mirrored the trend, as broad-based selling pressure weighed on sentiment. Market breadth remained weak, with 1,295 stocks advancing and 1,976 stocks declining, reflecting a clear negative bias. On the sectoral front, Nifty Metals, PSU Banks, FMCG, and Realty led the losses, while the Nifty IT provided marginal support, and pharma remained largely flat. Financials also underperformed, contributing significantly to the index drag. Intraday recovery attempts in the afternoon failed to sustain, indicating continued selling at higher levels.
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