Business

Stock Market Features, Sept 04: Sensex drops 203 places, Nifty ends below 25,200 Financial institutions, IT pull Headlines on Markets

.Stock Exchange Features on Wednesday, September 4, 2024: Criteria equity indices finished in reddish, along with Nifty50 losing hope its 14-day winning streak, on Wednesday, examined through bad global sentiments.The BSE Sensex dropped 202.80 spots or 0.25 percent to clear up at 82,352.64, while the NSE Nifty50 fell 81.15 places or 0.33 per cent to end at 25,198.70 on Wednesday.31 away from 50 component supplies of Nifty50 ended lower, tugged by Wipro, Charcoal India, ONGC, Hindalco, and LTIMindtree with losses of up to 3.05 per cent. In The Meantime, Oriental Coatings, Grasim Industries, Hindustan Unilever, UltraTech Cement, and Sunlight Pharma led the gains of approximately 2.50 per-cent among the other element sells on the mark.Likewise, on the BSE, 19 away from 30 noted sells of Sensex finished at a loss, dragged by Mahindra &amp Mahindra, ICICI Bank, State Financial Institution of India, as well as Center Banking company along with a fall of up to 1.29 percent. In The Meantime, Oriental Paints, Hindustan Unilever, and also Ultratech Cement were among 11 supplies that finished with gains of around 2.39 per-cent.Broader indices likewise worked out lower with the exception of select Midcap, and Smallcap supplies. The Nifty Smallcap index hit a record high in the course of intra-day offers nonetheless, it retreated to upright a level keep in mind.Amongst the market indices, IT, PSU Banking Company, Automobile, Financial Services, and also Steel led the losses along with a loss of approximately 1.69 per-cent, while FMCG, Pharma, Media, Realty, and also Healthcare eked out gains of approximately 1.09 percent. The Banking company Nifty mark snapped its four-session obtaining streak, debased by Federal Financial Institution, and also Bank of Baroda, which led the losses..The Nifty IT mark dropped for the second session, generally dragged down through Wipro. At the same time, the Nifty PSU Banking company index additionally decreased for the second session, along with Bank of India, as well as Punjab Sind Bank being the leading sectoral loss.

Articles You Can Be Interested In