Indian Stock Market Closing Live Update : Sensex & Nifty fall 1%, midcap slips 3%; Bharti, ITC shine

Stock Market Closing News:

The market fell more than a percent weighed down oil & gas, banks, capital goods, power and metals stocks. The Sensex tumbled 284.07 points to 26532.49 and the Nifty lost 94.90 points to 7947.10.

About 780 shares have advanced, 2158 shares declined, and 110 shares are unchanged. The BSE Midcap and Smallcap indices crashed 3-3.5 percent.

Tata Power topped the selling list, falling more than 6 percent followed by Reliance Industries, Tata Motors, ONGC, State Bank of India, Axis Bank, Tata Steel, NTPC and Gail India with 2-3 percent.

Shares of L&T, HDFC Bank, HDFC, ICICI Bank, Cipla, Maruti, Coal India, Bajaj Auto, Hindalco Industries and BHEL declined 1-1.8 percent.
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