Mumbai, Dec 29 (FN Agency) The BSE Sensex on Wednesday slipped by 90.99 points to settle at 57,806.49 as selling was seen in metal, materials, power and utilities stocks. The Nifty of the National Stock Exchange (NSE) too eased 19.65 points at 17,213.60. The market witnessed high volatility as the Sensex fell by 5 points at 57,892.31 in the opening session. It was dropped 213 points at 57,684.58, the day’s low, before closing at 57,806.49, down 90.99 points from its previous close. Meanwhile, it jumped 200 points at 58,097.07, the day’s high. The sensex registered the day’s high and low at 58,097.07 and 57,684.58 respectively. The Nifty recorded the day’s high and low at 17,285.95 and 17,176.65 respectively. Sectoral indices like metal, materials, utilities and power dragged the market. In scrips, SBI was a major loser, down 1.45 per cent to Rs 454.25.
Other losers were ITC by 1.43 per cent to Rs 216.80, Tech Mahindra by 1.09 per cent to Rs 1786.65, Tata Steel by 1 per cent to Rs 1116.10 and NTPC by 0.89 per cent to Rs 123.05. The gainers were Sun Pharma by 2.86 per cent to Rs 838.30, IndusInd Bank 1.99 per cent to Rs 869.65, Dr Reddy’s Lab by 1.66 per cent to Rs 4,822 and Titan by 0.89 per cent to Rs 2,401.55. The Mid Cap rose by 0.13 per cent and Small Cap by 0.49 per cenbt. In 30 scrips, 11 advanced, 19 declined while one was unchanged. A mixed trend was seen in Asian Market as investors assessed the impact of the Omicron Covid variant. The Nikkei 225 in Japan slipped 0.67 per cent and the Topix index too dropped 0.42 per cent. Even, South Korea’s Kospi fell 0.92 per cent. Hong Kong’s Hang Seng index fell 0.88 per cent.