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Stock Market Update: Nifty Closes Below 17,100, And Sensex Is Down By 289 Points.

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On March 23, the stock market witnessed a volatile session with the benchmark indices closing in the negative. At 3:00 pm, the Nifty fell below 17,100, while the Sensex dropped by 289.31 points or 0.50% to 57,925.28. There were 1428 shares that advanced, 1983 shares that declined, and 127 shares that remained unchanged out of the total shares traded.

Losers and Gainers: SBI, Asian Paints, and HCL Tech are among the major losers; Hindalco, Nestle India, and Bharti Airtel are among the gainers.

On the Nifty, major losers included State Bank of India, Asian Paints, HCL Technologies, Kotak Mahindra Bank, and Bajaj Auto, while Hindalco Industries, Nestle India, Bharti Airtel, Maruti Suzuki, and JSW Steel were among the gainers.

Sectoral Trend: Realty, bank, and IT sectors are down; metal, FMCG, and power names see buying. On the sectoral front, there was a mixed trend with the realty, bank, information technology, and PSU bank falling by 0.5-1 percent while buying was seen in the metal, FMCG, and power sectors.

Midcap and Smallcap Index: BSE midcap index sheds 0.4%, smallcap index ends flat. The BSE midcap index fell by 0.4 percent, while the smallcap index ended on a flat note.

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