The 30-scrip Sensex closed at 57,064, as it declined 195 points and the Nifty50 index fell 70 points to end at 16,983. The broader markets outperformed the benchmarks, as both midcap and smallcaps surged over 0.5 percent and 1.5 percent, respectively. Here are key stocks that moved the most in today's trade:
Reliance Capital | The stock ended 5 percent lower as the Reserve Bank of India has superseded the board of directors of the Anil Ambani-owned company.
Devyani International | The scrip closed 5 percent higher after Jefferies initiated a 'buy' rating with a target price of Rs 240 per share. The brokerage house said Devyani International is among the top quick-service restaurant players in India.
Coal India | The stock had risen about 3 percent earlier today as the state-owned coal major announced an interim dividend of Rs 9 per share for the financial year 2021-2022. However, shares were unable to sustain gains and ended 1.6 percent lower.
Tata Consultancy Services | Shares of the technology major ended almost a percent higher after TCS bagged an order from Australian multiproduct energy retailer, AGL.
ITI | The stock rose about 5 percent earlier today after ITI said it has inaugurated a 100 KW capacity captive rooftop solar power plant in Lucknow, Uttar Pradesh. But the stock came off its intraday highs and closed 0.78 percent higher.
Sonata Software | Shares of the company closed almost 15 percent higher and were the best performers on the Nifty 500.