Indian equity market ended on Friday amid weak global cues as rising bond yields spooked investors. The Sensex ended 440.76 points, or 0.87 percent lower at 50,405.32, while the Nifty settled at 14,938.10, down 142.65 points, or 0.95 percent. All the sectoral indices ended in the red with banks, financials, and metal indices leading the losses. Broader markets also succumbed to selling pressure. On the Nifty50, IndusInd Bank, UPL, Tata Motors, Wipro, and Hindalco Industries were the top losers, while ONGC, GAIL India, Maruti Suzuki, Kotak Mahindra Bank, and Hero MotoCorp were the top gainers. The BSE Sensex on Thursday plunged by around 599 points to crack below the key 51,000-level amid a meltdown in global shares triggered by a surge in US bond yields. The broader NSE Nifty too closed with a loss of 164.85 points or 1.08 percent at 15,080.75. On the Sensex chart, HDFC, L&T, SBI, Axis Bank, Bajaj FinServ, and HDFC Bank were major laggards dropping up to 2.62 ... » Learn More about Sensex plunges 400 points, Nifty settles below 15,000 dragged by banks
Sensex
Sensex closes at 50,846, Nifty ends at 15,080 points
Mumbai: Snapping its three-session winning run, the BSE Sensex plunged by around 599 points to crack below the key 51,000-level on Thursday (March 4) amid a meltdown in global shares triggered by a surge in US bond yields. Intra-day, the 30-share BSE index fell as much as 905 points before ending the session at 50,846.08, showing a decline of 598.57 points or 1.16 per cent. The broader NSE Nifty too closed with a loss of 164.85 points or 1.08 per cent at 15,080.75. On the Sensex chart, HDFC, L&T, SBI, Axis Bank, Bajaj FinServ and HDFC Bank were major laggards dropping up to 2.62 per cent. Of 30 Sensex shares, 25 closed with losses. "Domestic equities traded lower today mainly on weak global cues Financials and Metals indices were keg drags today, while FMCG, Pharma and IT indices were resilient. A sharp 6 bps rise in 10-Year USA treasury yield made investors jittery today," said Binod Modi, Head - Strategy at Reliance Securities. Over the previous three ... » Learn More about Sensex closes at 50,846, Nifty ends at 15,080 points
Sensex tumbles 726.29 points in opening trade, Nifty at 15,048.55
New Delhi: The domestic indices opened with a fall on Thursday (March 4). The US markets ended lower on Wednesday and this is reflected in the Indian markets. The Sensex tumbles 726.29 points to 50,718.36 in opening trade; Nifty drops 197.05 points to 15,048.55. The BSE Sensex slumped over 726 points to slip below the key 51,000-level in early trade on Thursday (March 4), tracking meltdown in global shares due to a surge in bond yields overseas. The 30-share Sensex was trading at 50,718.36, showing a fall of 726.29 points or 1.41 per cent. While the broader NSE Nifty was trading down 197.05 points or 1.29 per cent at 15,048.55. On the Sensex chart, HDFC duo fell as much as 2.48 per cent, followed by Bajaj FinServ, Kotak Bank and Bajaj Finance dropping up to 2.23 per cent. Of Sensex shares, 27 traded in the red. Over the previous three sessions, the Sensex had risen by 2,344.66 points or 4.77 per cent, while the Nifty had added 716.45 points or 4.93 per ... » Learn More about Sensex tumbles 726.29 points in opening trade, Nifty at 15,048.55
Sensex tumbles 440.09 points to 50,405 in opening trade; Nifty drops 124.75 points to 14,956
The domestic indices opened with a fall on Friday (March 5). The Sensex tumbles 440.09 points to 50,405.99 in opening trade; Nifty drops 124.75 points to 14,956. Wall Street slumped on Thursday (March 4) and global stock markets declined after U.S. Federal Reserve Chair Jerome Powell repeated his pledge to keep credit flowing until Americans are back to work, rebutting investors who have openly doubted he can stick to that promise once the pandemic passes. This downfall has been reflected in the Indian indices. HDFC Bank, ICICI Bank, Housing Development Finance Corporation, Axis Bank, State Bank of India, Bajaj Finance were some of the major contributors to the fall in Sensex. ONGC, NTPC, Maruti Suzuki, Tech Mahindra, HCL Tech, Titan Company were the major gainer in the Sensex. The domestic Equity market went lower on Thursday (March 4) as the rising bond's yield slipped din the global markets. SGX Nifty was in red falling 180 points on Friday (March 5) morning. ... » Learn More about Sensex tumbles 440.09 points to 50,405 in opening trade; Nifty drops 124.75 points to 14,956