Closing Bell: Sensex Falls 300 Points, Nifty Rallies Above 12,100

The Indian Equity Benchmarks traded in red during the closing bell on Thursday, 26 December.

BSE Sensex fell 308 points and ended at 41,152, while Nifty 50 dropped 90 points and closed at 12,124 as of 3:25 pm on Thursday.

Meanwhile, the Indian rupee ended at 71.12 a dollar, down 9 paise compared to Thursday's close of 71.03 a dollar.

In the opening trade, the Indian equity benchmarks fluctuated between gains and losses. Sensex and the NSE Nifty 50 traded little changed at 41,442 and 12,207.80 respectively. The broader markets represented by the NSE Nifty 500 Index, too, traded flat.

The market breadth was tilted in favour of buyers. About 857 stocks advanced and 578 shares declined on National Stock Exchange.

Earlier, seven out of 11 sectoral gauges compiled by NSE traded lower, led by the NSE Nifty PSU Pharma Index’s 0.1 percent fall. On the flipside, the NSE Nifty Metal Index was the top sectoral gainer, up 0.14 percent.

(With inputs from moneycontrol)