Final Trade: Sensex drops more than 200 points, Nifty slips below 24,600; IT lone gainer as other sectors slide

The BSE Sensex ended 213 points lower (0.14%) at 81,291.52 on Thursday, December 12, while the Nifty50 declined 87 points (0.35%) to close at 24,554.85.

The Nifty IT index was the sole sectoral gainer, rising 0.82% as stocks like Tech Mahindra, Persistent Systems, Coforge, and Mphasis advanced between one and 2 per cent.

In contrast, broader indices faced selling pressure, with Nifty Bank, Nifty Financial Services, Auto, PSU Bank, Consumer Durables, and Oil & Gas all closing in the red.

Investors remained cautious ahead of the release of India's inflation and industrial production data, expected to offer cues on the market's near-term trajectory.