Closing Bell: Nifty below 25,500, Sensex down 300 pts; realty, financials drag

Indian equity indices ended lower on July 2 with Nifty below 25,500.

At close, the Sensex was down 287.60 points or 0.34 percent at 83,409.69, and the Nifty was down 88.40 points or 0.35 percent at 25,453.40. About 1716 shares advanced, 2125 shares declined, and 167 shares unchanged.

Biggest Nifty losers were Shriram Finance, Bajaj Finserv, IndusInd Bank, HDFC Life, L&T, while gainers were Tata Steel, JSW Steel, UltraTech Cement, Maruti Suzuki, Asian Paints.

Among sectors, metal index up 1.4 percent, Consumer Durables added 1 percent, while PSU bank, capital goods, realty, media, power down 0.4-1.4 percent.

The BSE midcap and smallcap index shed 0.2 percent each.