Sensex, Nifty closed marginally lower. Uncertainty over the results of the ongoing general elections put volatility at a high with VIX surging almost 90% in the last one month, including climbing 6.8% on the day. The broader NSE Nifty dropped 25 points or 0.11% to end at 22,932. Wipro, NTPC, Sun Pharma, M&M, ITC, and Reliance Industries were the top Sensex laggards, falling up to 2.3%.
Get latest articles and stories on Business at LatestLY. The PSU (Public Sector Undertaking) stocks have become favorites among the stock market investors in recent months, with many delivering substantial returns. The confidence of the investors in the PSU stocks is high as the markets rallied on the hopes of Prime Minister Narendra Modi's comfortable return to office Business News | PSU Stocks Continue to Outperform, Investors See PM Modi Coming Back.
These vessels will be deployed at the Scottish Power Renewables East Anglia THREE offshore wind farm, situated off the Suffolk coast, an official release said here.
The confidence of the investors in the PSU stocks is high as the markets rallied on the hopes of Prime Minister Narendra Modi's comfortable return to office.
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