Closing Bell: Sensex Falls 172 Points, Nifty Near 24,220

Indian benchmark indices closed lower on August 24, with the Nifty settling around the 24,200 mark. The Sensex declined 172 points to 77,369, while the Nifty slipped nearly 33 points to 24,219. Market breadth remained weak, with 1,970 shares advancing against 2,278 declines, while 199 stocks ended unchanged. Sectorally, PSU Banks emerged as the biggest drag, falling around 1%, while private banks, media and consumer durables also ended lower. In contrast, IT, energy, metal and realty indices closed in positive territory, limiting the overall decline. Among broader markets, the Nifty Midcap index gained 0.13%, whereas the Nifty Smallcap index declined 0.26%. Investment in securities market are subject to market risks. Read all the related documents carefully before investing,