Explorer

In Volatile Trade, Sensex Sinks 89 Points, Nifty Settles Below 17,250

Kotak Bank, HDFC Bank, Titan, ICICI Bank, HDFC, Maruti Suzuki, Divis Labs, BPCL, Tata Consumer Products, BPCL, and M&M sank between 1 per cent and 3 per cent

New Delhi: The domestic equity benchmarks, Sensex and Nifty, on Thursday extended losses to the second straight session due to rising crude price and unabated geopolitical conflict between Russia and Ukraine.

The 30-share BSE Sensex ended day’s trade at 57,596, down 89 points, while the NSE Nifty moved 23 points lower to settle at 17,223.

Dr Reddy's Labs (up nearly 5 per cent) was the top Nifty gainer today, followed by Coal India, Hindalco, Cipla, NTPC, JSW Steel, TechM, and RIL.

On the flipside, Kotak Bank, HDFC Bank, Titan, ICICI Bank, HDFC, Maruti Suzuki, Divis Labs, BPCL, Tata Consumer Products, BPCL, and M&M sank between 1 per cent and 3 per cent, keeping a lid on the upside.

The broader markets, on the contrary, held their ground and outperformed the headline indices.

The BSE Midcap and Smallcap indices added up to 0.3 per cent amid gains in Zee Entertainment, Mindtree, Jindal Steel, Mphasis, Glenmark Pharma, Suven Pharma, Ganesh Housing, Future Retail, and Dish TV.

Seven out of the 15 sector gauges, compiled by the National Stock Exchange, ended in the red. Nifty Bank, Nifty Consumer Durables and Nifty Financial Services underperformed the index by falling as much as 1.72 per cent, 1.62 per cent and 1.56 per cent, respectively. Nifty IT, Nifty Metal and Nifty Pharma surged.

Among the stocks, Zee Entertainment Enterprises (Zee) surged 20 per cent to Rs 307 on the BSE in Thursday's trade after the company's largest shareholder, Invesco, decided to withdraw its EGM requisition notice, which sought removal of Managing Director and Chief Executive Officer (MD & CEO) Punit Goenka from the board of ZEE.

On the previous day, Sensex had slipped 304 points (0.53 per cent) to close at 57,685 on Wednesday, while Nifty had moved 70 points (0.40 per cent) lower to settle at 17,246.

Earlier in Asia, indices ended mixed with Japan's Nikkei up 0.25 per cent and South Korea's Kospi down 0.2 per cent. Hong Kong's Hang Seng also dipped about 1 per cent today.

Stock exchanges in the US ended on a negative note in the overnight session.

Foreign institutional investors (FIIs) were net buyers as they bought shares worth Rs 481.33 crore on Wednesday, according to stock exchange data.

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

One Dead, 20 Rescued After Tourist Boat Capsizes In Goa
One Dead, 20 Rescued After Tourist Boat Capsizes In Goa
At Least 42 Passengers Killed As Azerbaijan Airlines Plane Crashes in Kazakhstan, Video Of Crash Surfaces
At Least 42 Passengers Killed As Azerbaijan Airlines Plane Crashes in Kazakhstan
ABP News Checks AAP's Claim Of 'Cash-For-Vote Scam' Against BJP, Revelations Will Shock You. VIDEO
ABP News Checks AAP's Claim Of 'Cash-For-Vote Scam' Against BJP, Revelations Will Shock You. VIDEO
Delhi: Man Sets Himself On Fire Near Parliament, Rushed To Hospital
Delhi: Man Sets Himself On Fire Near Parliament, Rushed To Hospital
Advertisement
ABP Premium

Videos

Anya Polytech IPO: Must Watch Exclusive Interview Before Investing | Paisa LiveWhy Payas Pandit Struggled to Gain Recognition Despite Her Bhojpuri Debut with Pawan Singh?Sambhal News: ASI Team to Inspect Stepwell Today, Exclusive Pictures from the SiteBJP Accuses AAP of Deceiving Public with New Schemes Ahead of Delhi Elections

Photo Gallery

Embed widget