The domestic equity barometers ended with modest losses after a volatile trade on Tuesday. A record surge in Covid-19 cases and FII outflows from the capital market dented investors sentiment. IT shares saw major selling while banks shares extended recent losses. Auto and pharma stocks bucked the trend.
The barometer index, the S&P BSE Sensex, fell 243.62 points or 0.51% to 47,705.80. The Nifty 50 index lost 63.05 points or 0.44% to 14,296.40. Both these indices have fallen over 2.2% in two straight sessions.
HCL Technologies (down 3.56%), HDFC (down 3.16%), HDFC Bank (down 1.50%) and Infosys (down 0.87%) were major drags.
The broader market settled with gains. The BSE Mid-Cap index and the BSE Small-Cap index rose by 0.49% each.
Read more about Sensex jumps 660 pts, Nifty tops 14,500; banks, autos soar on Business Standard. Key equity indices ended with strong gains on Tuesday, recovering from yesterday s steep selloff. The Nifty managed to close above the 14,500 mark at the day s high. Barring IT and pharma, all the sectoral indices on the NSE ended in the green.
Read more about Sensex slumps 1700 pts, Nifty holds 14,300; VIX spurts to 23 mark on Business Standard. Domestic equity indices ended with sharp losses on Monday, as surging COVID-19 cases in the country triggered fears of fresh lockdowns. The Nifty managed to close above the 14,300 mark after hitting the day s low of 14,248.70 in late trade. All the
The domestic equity benchmarks ended with small losses after a volatile day on Friday. Pharma, IT, FMCG and PSU banks shares advanced. The barometer index, the S&P BSE Sensex, declined 154.89 points or 0.31% to 49,591.32. The Nifty 50 index lost 38.95 points or 0.26% to 14,834.85.
Bajaj Finance (down 3.12%), ICICI Bank (down 1.79%), Reliance Industries (down 1.11%) and HDFC Bank (down 0.83%) were major drags.
In the broader market, the S&P BSE Mid-Cap index slipped 0.08% while the S&P BSE Small-Cap index added 0.69%.
Buyers outnumbered sellers. On the BSE, 1,656 shares rose and 1,249 shares fell. A total of 173 shares were unchanged.
Investors locked profits after a three-day streak. The Sensex rose 1.19% and the Nifty climbed 1.61% in the past three sessions. Rising Covid-19 cases in India also worried investors.
Sensex tumbles 740 pts; Nifty ends below 14,350 as Covid-19 cases surge business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.