Sensex tumbles 341 factors, Nifty closes at 14,850; at present’s high gainers and losers-Enterprise Information , Novi Reporter
The 30-share BSE index ended 340.60 factors or 0.69 % decrease at 49,161.81. Equally, the broader NSE Nifty slumped 91.60 factors or 0.61 % to 14,850.75
Halting a four-day surge, market indices in India opened decrease on Tuesday, 11 Could, led by losses in index-heavyweights HDFC twins, Kotak Financial institution and TCS amid detrimental cues from world markets. On the closing bell, BSE Sensex stood at 49,161.81, down by 340.60 factors. Equally, the NSE Nifty ended with a decline of 91.60 factors at 14,850.75.
The market indices had been dragged decrease by promoting in metals, pharma, and IT shares.
Bombay Inventory Alternate (BSE)
BSE Sensex was down by 340.60 factors or 0.69 % and closed the day at 49,161.81. Kotak Financial institution was the highest loser within the Sensex pack, shedding 3 per cent, adopted by HDFC, Bajaj Finance, Bajaj Finserv, Tech Mahindra, HUL and Titan. However, NTPC, ONGC, PowerGrid, Solar Pharma, UltraTech Cement and SBI had been among the many gainers.
High BSE Sensex gainers:
NTPC: The corporate was the highest gainer of the day with a hike of 4.60 % and closed at Rs 112.65.
ONGC: The shares of the corporate rose 3.69 % to shut at Rs 118.05.
Energy Grid: It witnessed a soar of 1.66 % to settle the day at Rs 223.45
Solar Pharma: 1.39 % enhance was noticed within the share worth of the corporate which closed at Rs 707.85.
Ultracem Co: It jumped 1.27 % to settle the day at Rs 568.50. 6,487.
High BSE Sensex Losers:
Kotak Financial institution: The shares ended at Rs 1,755.85 down by 3 %.
HDFC: Shares of the corporate fell by 2.68 % to shut at Rs 2,463.05.
Tech Mahindra: The corporate ended the day decrease at Rs 976.25 after witnessing a fall of 1.53 %.
Bajaj Finance: A decline of 1.28 % has been noticed within the share which settled at Rs 5,426.55.
Titan: A decline of 1.27 % has been noticed within the share which settled at Rs 1,435.95.
Nationwide Inventory Alternate (NSE)
On the closing bell, NSE Nifty 50 was at 14,850.75 with a lower of 91.60 factors or 0.61 %. Other than Nifty Auto, Nifty Media, Nifty PSU Financial institution, and Nifty Realty, all the opposite sectoral indices of NSE had been buying and selling within the purple.
Nifty PSU Financial institution gained by 1.12 % at present whereas Nifty Media gained 0.79 % on 11 Could.
High gainers on NSE Nifty:
Coal India: 5.85 % hike has been noticed by the corporate to shut at Rs 155.65.
NTPC: The shares of the corporate surged 4.87 % to finish at Rs 112.95.
IOC: It closed at Rs 103.50 with a soar of 4.39 %.
ONGC: The corporate gained 3.60 % to settle the day at Rs 118.
BPCL: A soar of 1.93 % has been witnessed within the shares of the corporate which closed at Rs 462.45.
High losers on NSE Nifty:
JSW Metal: Shares of the corporate fell by 3.38 % to shut at Rs 733.
Hindal Co: The shares ended at Rs 413 down by 2.99 %.
Kotak Financial institution: A decline of two.97 % has been noticed within the share which settled at Rs 1,755.65.
HDFC: 2.82 % decline has been famous within the share worth which settled at Rs 2,460.
Divis Lab: The corporate ended the day decrease at Rs 4,073 after witnessing a fall of 1.60 %.
In accordance with Binod Modi, Head Technique at Reliance Securities, weak cues from world markets and promoting strain throughout the counters dragged benchmark indices.
“Rising issues over inflation globally on account of sharp rise in commodity costs dragged Asian markets. Additional, China inflation information additionally weighed on sentiments. Nonetheless, home benchmark indices outperformed its Asian friends,” he mentioned.
Elsewhere in Asia, bourses in Hong Kong, Tokyo and Seoul ended on a detrimental observe, whereas Shanghai completed with positive factors.
Inventory exchanges in Europe had been buying and selling with important losses in mid-session offers.
In the meantime, worldwide oil benchmark Brent crude was buying and selling 0.66 per cent decrease at $67.87 per barrel.
With inputs from PTI
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