Home Business Stock Market Falls For 5th Day: Sensex Slips 139 Points, Nifty Holds 17,500 Amid Volatility

Stock Market Falls For 5th Day: Sensex Slips 139 Points, Nifty Holds 17,500 Amid Volatility

by admin

The important thing fairness benchmarks, Sensex and Nifty, ended within the crimson because the equities confirmed wild strikes on the month-to-month expiry day for the February derivatives sequence amid volatility.

The S&P BSE Sensex closed at 59,605, down 139 factors (0.23 per cent). It hit a excessive of 59,960, and a low of 59,406 through the day. Then again, the Nifty50 index hit a excessive of 17,620 and a low of 17,455 through the day, earlier than closing at 17,511, down 43 factors (0.25 per cent).

On the 30-share Sensex platform, Asian Paints, L&T, IndusInd Financial institution, Airtel, Titan, Bajaj Finserv closed within the adverse territory. On the flip aspect, Axis Financial institution, ITC, Tata Motors, SBI, Tata Metal, Solar Pharma emerged winners.

Within the broader markets, the BSE MidCap index dipped 0.4 per cent, whereas the BSE SmallCap index added 0.06 per cent.

Sectorwise, the Nifty Media index shed 2 per cent amid decline in Zee Leisure shares. The inventory tanked 14 per cent to hit a brand new 52-week low of Rs 176.60 per share on the BSE in Thursday’s early commerce after the Nationwide Firm Regulation Tribunal (NCLT) accepted IndusInd Financial institution’s insolvency petition in opposition to the corporate and admitted it into the company insolvency decision course of. On the upside, the Nifty FMCG index ended 0.26 per cent increased. Individually, shares of ITC hit a brand new summit at Rs 393.35 on the BSE amid heavy volumes.

Within the earlier session on Wednesday, the Sensex closed at 59,745, down 928 factors (1.53 per cent). Then again, NSE Nifty50 ended at 17,554, down 272 factors (1.53 per cent).

In Asian markets, China and Hong Kong settled decrease, whereas South Korea ended increased. Japanese markets have been closed for a vacation. European equities have been buying and selling largely within the inexperienced throughout afternoon commerce. The US markets ended on a combined observe on Wednesday.

Worldwide oil benchmark Brent crude climbed 0.32 per cent to $80.86 per barrel.

International Portfolio Traders (FPIs) offloaded shares value Rs 579.82 crore on Wednesday, in accordance with alternate information.

In the meantime, the rupee appreciated by 15 paise to shut at 82.73 (provisional) in opposition to the US greenback on Thursday, monitoring its regional friends and decrease crude oil costs. Foreign exchange merchants mentioned a muted development in home equities and overseas fund outflows weighed on investor sentiments and restricted the appreciation bias.

On the interbank overseas alternate market, the native unit opened at 82.78 in opposition to the American foreign money and at last settled at 82.73 (provisional) in opposition to the dollar, registering a achieve of 15 paise over its earlier shut of 82.88. Throughout the buying and selling session, the rupee touched a excessive of 82.71 and a low of 82.79 in opposition to the greenback.

Source link

You may also like

Leave a Comment