Explorer

Stock Market Today: Sensex, Nifty End Flat After Record Fresh Highs. Titan, RIL Slip

Stock Market Today: On the 30-share Sensex platform, Titan, Reliance, Asian Paints, TechM, IndusInd Bank, UltraCemco emerged losers

The two key equity benchmarks, Sensex and Nifty, on Tuesday closed in the red after erasing all gains following profit booking in index heavy weights. The S&P BSE Sensex, which hit the 75,000-mark for the first time, closed 59 points lower at 74,684. On the other hand, the NSE Nifty50, after reaching an all-time high of 22,768, settled 24 points lower at 22,643.

Stock update

On the 30-share Sensex platform, Titan, Reliance, Asian Paints, TechM, IndusInd Bank, UltraCemco emerged losers. On the flip side, ICICI Bank, Infosys, Bajaj Finserv, M&M, Tata Steel, Axis Bank were among gainers.

In the broader markets, the BSE Midcap and Smallcap indices dipped up to 0.4 per cent.

India VIX, which measures near-term volatility, eased by over 2 per cent to close around 11.3.

Sectoral update

Sectorwise, Nifty Media and PSU Bank dropped up to 1 per cent, while the Nifty Metal index advanced 1.1 per cent.

In the previous session on Monday, the BSE Sensex went up 494 points higher to close at 74,743, while the NSE Nifty50 soared to 163 points to 22,666.

"The Indian market reached a fresh intra-day peak before seeing profit-booking at higher levels in anticipation of tomorrow's key US inflation data, which carries weight in determining future rate cuts by the US Fed. Concerns have emerged amidst recent better-than-anticipated US employment and manufacturing data, suggesting a potential shift in expectations regarding rate cuts this year," said Vinod Nair, head of research at Geojit Financial Services.

Global markets

In Asian markets, Tokyo, Shanghai and Hong Kong settled in the positive territory while Seoul ended lower. European markets were trading mostly lower. Wall Street ended on a mixed note on Monday.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 684.68 crore on Monday, according to exchange data.

Global oil benchmark Brent crude climbed 0.18 per cent to $90.54 a barrel.

Rupee

Forex and money markets will remain closed on Tuesday on account of 'Gudhipadwa'.

View More
Advertisement
IOI
Don't Miss Out
16
Hours
52
Minutes
01
Seconds
Advertisement
Thu Feb 20, 4:37 pm
connaught place
18.4°
Precipitation: 0 mm    Humidity: 74%   Wind: ESE 8.5 km/h
See Today's Weather
Powered By:
Accu Weather
Advertisement

Top Headlines

India Make Winning Start To ICC Champions Trophy 2025 Campaign With Defeat Of Bangladesh
India Make Winning Start To ICC Champions Trophy 2025 Campaign With Defeat Of Bangladesh
UP Police Vow Action Against Buying, Selling Of 'Women's Bathing' Videos At Maha Kumbh
UP Police Vow Action Against Buying, Selling Of 'Women's Bathing' Videos At Maha Kumbh
'Part Of The Game': Axar Patel Reacts To Rohit Sharma's Dropped Catch Off His Hat-Trick Ball
'Part Of The Game': Axar Patel Reacts To Rohit Sharma's Dropped Catch Off His Hat-Trick Ball
Maharashtra Youth Injures 3 In Knife Attack Following Argument On Mumbai Local Train, Arrested
Maharashtra Youth Injures 3 In Knife Attack Following Argument On Mumbai Local Train, Arrested
Advertisement
ABP Premium

Videos

Delhi CM Oath: Rekha Gupta Takes Oath as Delhi CM, BJP Highlights Women LeadershipDelhi CM Oath Ceremony: BJP MLAs Head to Ramlila Maidan for Swearing-in EventDelhi CM Oath Ceremony: Rekha Gupta Embarks on Historic Journey to Delhi's CM Oath at Ramlila MaidanDelhi CM Oath Ceremony: Grand Roadshow by Rekha Gupta Ahead of Swearing-in

Photo Gallery

Embed widget