Indian equity indices ended lower for the second consecutive session amid heightened volatility on September 15, with selling seen across sectors barring IT.

More than 160 stocks touched 52-week low, including HEG, Havells India, Ircon International, Motherson Sumi Wiring India, Jupiter Wagons, India Cements, Shree Cement, SBI Life Insurance, ICICI Lombard General Insurance, Ambuja Cements, Rail Vikas Nigam, IRFC, ACC, Bank of Baroda, Cello World, Indian Energy Exchange (IEX), Bikaji Foods, Reliance Industries, IRCTC and P&G Hygiene and Health Care., among others.

nvestor sentiment remained cautious ahead of the US Federal Reserve’s policy decision, while elevated crude oil prices and rising US bond yields added to the pressure.

Despite mixed global cues, the market opened on a firm note but failed to sustain the gains, turning negative in the initial hours as selling intensified through the session. The Nifty slipped to a low of 23,118.60, hitting a fresh five-month low.

At close, the Sensex was down 777.94 points or 1.04 percent at 74,003.82, and the Nifty was down 279.50 points or 1.19 percent at 23,118.60.

Broader indices underperformed the main indices, with Nifty Midcap and Smallcap indices shedding more than 2% each.

Biggest Nifty losers were Bharat Electronics, Shriram Finance, Adani Enterprises, Interglobe Aviation, Grasim Industries, while gainers included HCL Technologies, Infosys, TCS, Tech Mahindra and Wipro.

Except IT, all other sectoral indices ended in the red with Realty index down 4%, while auto, consumer durables, energy, metal, media and PSU Bank down 2% each.

Among individual stocks, Indiabulls shares gained 5% after the company executed a definitive agreement with Fintech Cloud, ACME Solar gained 3.7% after HSBC maintained its ‘buy’ rating and raised the target price to ?450 per share.

Coforge fell 4% after its non-executive independent director and chairperson of the Nomination and Remuneration Committee resigned. Diamond Power share price added 5% on Letter of Award from Adani Electricity Mumbai Limited (AEML) for the supply of additional voltage and low voltage underground power cables.

HDFC Bank gained more than 1% after its board submitted two CEO candidates to the RBI, while Solar Industries declined 13.7% after its subsidiary announced plans to acquire a stake in Omnia Holdings.