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Sensex tumbles 465 pts, Nifty slides below 14,500; PSU banks rally

The domestic equity indices ended with steep losses on Tuesday as mixed global cues and rising COVID-19 cases weighed on investors sentiment. The Nifty closed below the 14,500 mark after hitting a high of 14,723.40 in early trade. Strength in public sector banks was offset by weakness in pharma and auto stocks.
The barometer index, the S&P BSE Sensex, fell 465.01 points or 0.95% at 48,253.51. The Nifty 50 index declined 137.65 points or 0.94% at 14,496.50.
Reliance Industries (down 2.18%), HDFC bank (down 1.74%), HDFC (down 1.73%) and Infosys (down 1.65%) were major drags.
The market breadth was negative. The BSE Mid-Cap index lost 0.50% and the BSE Small-Cap index slipped 0.57%.
Among the sectoral indices on the BSE, the S&P BSE Oil & Gas index (up 0.72%), the S&P BSE Utilities index (up 0.19%) and the S&P BSE Capital Goods index (up 0.06%) outperformed the S&P BSE Sensex. The S&P BSE Healthcare index (down 1.50%), the S&P BSE Energy index (down 1.36%) and the S ....

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Sensex drops 465 pts amid rising COVID cases

Equity indices ended with steep losses on Tuesday as rising COVID-19 cases dented investors sentiment. The Nifty closed below the 14,500 mark. Pharma and FMCG stocks tumbled while banks stocks gained.
As per the provisional closing data, the barometer index, the S&P BSE Sensex, fell 465 points or 0.95% at 48,253.44. The Nifty 50 index declined 137.65 points or 0.94% at 14,496.10.
In the broader market, the S&P BSE Mid-Cap index fell 0.5% while the S&P BSE Small-Cap index declined 0.57%.
The market breadth was negative. On the BSE, 1,402 shares rose and 1,563 shares fell. A total of 176 shares were unchanged.
Coronavirus Update:
Total COVID-19 confirmed cases worldwide stood at 15,35,53,270 with 32,13,573 deaths. India reported 34,47,133 active cases of COVID-19 infection and 2,22,408 deaths while 1,66,13,292 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India. ....

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Home First Finance Company India standalone net profit rises 150.92% in the March 2021 quarter

Home First Finance Company India standalone net profit rises 150.92% in the March 2021 quarter
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Market LIVE: Nifty tops 15,100, Sensex trades above 50,800 in pre-open; MTAR Tech shares to list today

Market HIGHLIGHTS: Sensex falls 398 points, Nifty ends at 3-day low, below 15,000; RIL drags indices lower
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Nifty Pharma and Nifty Financial Services were the top sectoral losers. Image: Reuters
Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: Domestic equity market benchmarks BSE Sensex and Nifty 50 have ended in the negative territory for the second straight trading session on Monday, due to rising COVID-19 cases and bond yields. BSE Sensex ended 398 points or 0.78 per cent lower at 50,395.08, while the broader Nifty 50 index fell 101.45 points or 0.67 per cent to end at 14,929.50. Top BSE Sensex losers were Bajaj Finsv, Bajaj Auto, Bajaj Finance, Larsen & Toubro (L&T), Asian Paints, Dr Reddy’s, ICICI Bank, HDFC Bank among others. On the contrary, Tech Mahindra, Power Grid Corporation of India, IndusInd Bank, HCL Technologies, NTPC, State Bank of India (SBI) and Titan Company shar ....

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Share Market LIVE: Nifty gives up 14,500, Sensex falls below 50,400; RIL, HDFC Bank, Kotak Bank top drags

Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: Domestic equity market benchmarks BSE Sensex and Nifty 50 ended nearly one per cent lower on Monday. ....

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