Business

Markets Close Marginally Lower Owing To Negative Asian Trends

The equity benchmark indices Sensex and Nifty closed marginally lower on Monday owing to negative Asain trends, dragged down by selling in banking and auto stocks.

The 30-share BSE Sensex sank 36.22 points, or 0.04 percent to 79,960.38. The Nifty marginally dropped 3.30 points, or 0.01 percent to 24,320.55.

Bank of Baroda, Divi’s Labs, Titan, Canara Bank, Jindal Steel & Power, BPCL, Shriram Finance, Interglobe Aviation, Bosch, Samvardhana Motherson, Adani Ports, Cholamandalam Invest, Siemens, Adani Power, JSW Steel, and Vedanta were the top laggards.

Among the gainers were IRFC, RECL, Marico, ONGC, Godrej Consumer, GAIL (India), Bharat Electronics, Dabur India, Power Finance Corp, Bajaj Holdings, ITC, HDFC Life Insurance, SBI Cards,  IRCTC, United Spirits, Hindustan Unilever, and Tata Consumer.

In Asian markets, Thailand, and Taiwan concluded in positive territory, while Tokyo, Hong Kong, Indonesia, Malaysia, Shanghai, South Korea, and Singapore ended in negative territory.

US markets closed higher on Thursday.

European stocks were trading higher.

Brent crude lost 0.89 percent to USD 85.77 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs 1,241.33 crore on Friday.

On Friday, the Sensex slipped 53.07, or 0.06 percent to 79,996.60, while the Nifty advanced 21.70 points, or 0.08 percent to 24,323.85.

Also read: 10 Senior Citizens Die In Fire At Uruguay Nursing Home

Spriha Rai

Recent Posts

Supreme Court Seeks Gyanvapi Masjid Committee’s Response On ASI Survey Request

The SC directed the Gyanvapi Masjid Committee to respond to a plea for an ASI…

28 seconds ago

Supreme Court Extends Relief To Udhayanidhi Stalin In Sanatan Dharma Remarks Case

The court extended his exemption from appearing in lower courts until February and granted four…

19 minutes ago

Supreme Court Issues Notices To CBI & ED On Manish Sisodia’s Bail Request

On Friday, the SC issued notices to the CBI and ED regarding Manish Sisodia's request…

40 minutes ago

AI & Surveillance Systems To Revolutionize Maha Kumbh 2025 Experience

The UP government is using AI, social media, and surveillance to ensure safety for 45…

1 hour ago

Maha Kumbh 2025: Ultra-Modern Cruises To Become A Key Attraction For Devotees

The Yogi Adityanath-led UP government will introduce luxury cruises to transport devotees from Kashi to…

2 hours ago

Aam Aadmi Party Kicks Off ‘Revdi Par Charcha’ Campaign Ahead Of Delhi Elections

On Friday, AAP launched its 'Revdi Par Charcha' campaign to engage Delhi residents in the…

3 hours ago