Top Gainers and Losers on December 20; Dr Reddy's Laboratories, ICICI Bank in Green

The Indian equity indices ended on a negative note in today’s trading session on account of high FII outflows and US Fed’s cautionary note on interest rate cuts. While Nifty ended at 23,951.7, down 1.6%, Sensex slipped by 1,065.59 points to clock at 79,218.05.

Nifty Midcap 50 closed 2.75% lower as compared to Nifty 50. Nifty Small Cap 100 were down by 429.4 points to conclude the day at 19,133.1.

Top gainers & losers in Nifty Index

Shares of Dr. Reddy's Laboratories and ICICI Bank gained by 1.36% and 0.47% respectively. Among the laggards, Tech Mahindra (down 4.05%), Trent (down 3.98%), Mahindra & Mahindra (down 3.67%), Indusind Bank (down 3.58%), and Axis Bank (down 3.36%) came under heavy pressure. Though Bank Nifty jumped to intraday high of 51,629.0, it concluded the session at 51,575.7.

Here’s the overview of Bank Nifty

* Last 1 Week: -5.32%

* Last 1 Month: 0.72%

* Last 3 Months: -5.68%

* Last 6 Months: -2.02%

* Last 1 Year: 6.93%

Sensex

While Nestle India (up 0.30%), ICICI Bank (up 0.06%) were the top gainers, shares of Tech Mahindra (down 3.96%), Indusind Bank (down 3.53%), Axis Bank (down 3.36%), Mahindra & Mahindra (down 3.28%), Tata Motors (down 2.71%) faced downward pressure.

Nifty

Shares of Dr. Reddy's Laboratories (up 1.36%), ICICI Bank (up 0.47%) ended in green. Meanwhile, Tech Mahindra (down 4.05%), Trent (down 3.98%), Mahindra & Mahindra (down 3.67%), Indusind Bank (down 3.58%), Axis Bank (down 3.36%) had a tough day.