Market Highlights: Nifty ends at 11,100, Sensex closes 335 points lower; HDFC twins drag indices lower

Volatility spiked yet again as Sensex and Nifty dived from the day’s high. India Vix gained 3.5%.

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmark indices saw a volatile trading session as they gave up all gains and ended deep in the red. Sensex closed down 335 points or 0.88% while the Nifty 50 ended just above the 11,100 mark. Sun Pharma was the top gainer, up 3.44%. It was followed by Maruti and Infosys. Down in the red, IndusInd Bank was the worst performing stock, followed by HDFC and Axis Bank. Volatility was up 3.28%. All sectoral indices ended with loses, except Nifty IT and Nifty Pharma.

The US Federal Reserve did not change its benchmark interest rates but vowed to help the economy with all tools at its disposal. “The Committee will continue to monitor the implications of incoming information for the economic outlook, including information related to public health, as well as global developments and muted inflation pressures, and will use its tools and act as appropriate to support the economy,” it said in a statement. The Federal Reserve said that it will increase its holdings of Treasury securities and agency residential and commercial mortgage-backed securities, in an effort to sustain smooth market functioning.

Read More