Volatile Wednesday: Nifty closes above 22,900, Sensex down 95 points

It was a volatile session on D-Street yet again on Wednesday. The domestic key equity indices ended on a lower note after recouping from the early trading hours low. The NSE Nifty 50 closed the session 28 points or 0.12% at 22,917.15, while the BSE Sensex declined 95 points or 0.12% to end the day at 75,873.15.

The Nifty IT, Pharma, and Healthcare end the session in the red. The Nifty IT closed 1.30% lower while the Nifty Pharma and Healthcare ended 0.78% lower. 

Bucking the trend, the banking stocks and the broader market closed the day higher. The Nifty Bank rose 448 points or 0.91% to close at 49,534.85. The Nifty Midcap 100 finished 755.10 points, or 1.52%, higher at 50,506.55.  

Sectoral Index

In the broader markets, small- and mid-cap stocks closed the day on a positive note. The volatility index India VIX cooled down 1.56% to 15.42 level. 

This is a developing story, more details are being added. Please watch the space for updates

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