Breaking News

Stock Market Early Pares Gains: Sensex Slips 180 Points; Nifty Around 21,700

Stock Market Early Pares Gains: Sensex Slips 180 Points; Nifty Around 21,700

The two key equity benchmarks, Sensex and Nifty, on Monday erase their opening gains and were trading in the red, tracking muted Asian cues. At 10 am, the BSE Sensex dropped 178 points to 71, 417. On the other hand, the NSE Nifty50 was trading at 21,718, down 65 points.

On the 30-share Sensex platform, PowerGrid, NTPC, SBI, Reliance, Bajaj Finance, ITC emerged prime losers. On the flip side, Wipro, HCLTech, Infosys, TechM, Axis Bank, Nestle were among the gainers. Among specific stocks, Mamaearth’s parent firm Honasa Consumer’s share surged 9 per cent after its Q3 profit jumped 265 per cent YoY to Rs 26 crore.

In the broader markets, the BSE Midcap and Smallcap indices advanced up to 0.27 per cent. 

Sectorally, IT and Healthcare stocks rose nearly 1 per cent each. On the other hand, oil & gas, power, PSU Bank, and realty stocks fell 0.7-1 per cent.

In the previous session on Friday, the S&P BSE Sensex gained 167 points to end at 71,595, while the NSE Nifty50 closed at 21,783, up 65 points.

Doonited Affiliated: Syndicate News Hunt

Source link

Related posts

Leave a Reply