Sensex Falls 170 pts, But End 2023 With Up To 20% Gains; Nifty Ends At 21,731
Sensex Falls 170 pts, But End 2023 With Up To 20% Gains; Nifty Ends At 21,731
Amid subdued global trend, benchmark indices started the last trading session of 2023 on a negative note

Investors booked profit on the last trading session of 2023 with an aim to avoid any potential global risks over the weekend. The S&P BSE Sensex slipped 170 points, or 0.23 per cent, to end at 72,240. The Nifty50, on the other hand settled at 21,731, down 47 points or 0.22 per cent.

Nonetheless, the BSE Sensex is ending calendar year 2023 with a solid gain of 18.8 per cent, and the Nifty50 with 20.1 per cent.

Among individual stocks, shares of Tata Motors hit a new peak at Rs 801 as they rallied 6 per cent on the BSE in Friday’s intraday trade backed by heavy volumes. Thus far in the calendar year 2023 (CY23), Tata Motors has seen its market price more-than-double, zooming 107 per cent on thr bourses.

Overall, 48 of 50 Nifty stocks gave positive returns to investors in CY-2023.

Meanwhile, on Friday, Tata Motors (up 3.3 per cent), Tata Steel, Bajaj Finance, HUL, Nestle India, Wipro, Ultratech Cement, and Maruti Suzuki ended as the top gainers on the BSE Sensex.

SBI, Infosys, Titan Company, Tech M, IndusInd Bank, ICICI Bank, NTPC, HCL Tech, Axis Bank, Reliance Industries, Power Grid, and Kotak Bank were the top laggards, down up to 1.4 per cent.

The broader markets, on the contrary, ended in the green with the BSE MidCap and Smallcap indices advancing 0.85 per cent and 0.69 per cent, respectively.

For the outgoing calendar year, the BSE MidCap index has zoomed 45.15 per cent, and the BSE SmallCap index has soared 47.2 per cent.

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