Business

Sensex Below 65,300, While Nifty Closes At 19,396

Sensex and Nifty ended nearly flat on Tuesday as investors booked profits on fears about possible rate hikes in the United States and persistent foreign investment outflows.

The BSE index advanced 3.94 points or 0.01 percent to close at 65,220.03. It rose 146.82 points or 0.22 percent throughout the day to 65,362.91.

The NSE Nifty rose 2.85 points or 0.01 percent to settle at 19,396.45.

ITC, Mahindra & Mahindra, Wipro, Larsen & Toubro, Axis Bank, Tata Steel, Maruti, and Bharti Airtel were the top gainers on the Sensex.

Among the laggards were Jio Financial Services, Bajaj Finserv, State Bank of India, ICICI Bank, Tata Consultancy Services, HDFC Bank, Tech Mahindra, and UltraTech Cement.

Jio Financial Services, Reliance Industries’ demerged financial services unit, debuted on the stock exchanges on Monday.

Seoul, Tokyo, Shanghai, and Hong Kong all closed in the green in Asian markets.

The European markets were trading higher.

On Monday, the US market finished mostly in the green.

Brent crude fell 0.18 percent to $84.31 a barrel.

According to the exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 1,901.10 crore on Monday.

On Monday, the BSE benchmark rose 267.43 points or 0.41 percent to 65,216.09. The Nifty climbed 83.45 points or 0.43 percent to 19,393.60.

Also read: Historic India Club In London With Roots In Independence Movement Announces Closure

Spriha Rai

Recent Posts

Foxconn’s Bengaluru Facility Set To Launch; iPhone Shipments Expected In June

Foxconn’s new electronics manufacturing facility in Bengaluru is on the brink of commencement, with commercial…

1 hour ago

Acharya Pramod Backs Shashi Tharoor While Criticising Opposition

Acharya Pramod Krishnam, the Peethadheeshwar of Kalki Dham in Sambhal, has lauded Congress MP Shashi…

6 hours ago

Stress & Weight Gain: Strategies To Stay Calm & Fit

Explore how stress contributes to weight gain and discover effective strategies to stay calm, manage…

10 hours ago

Tom Cruise Wants To Make A Bollywood Film; Says Indian Cinema Is ‘So Beautiful’

Hollywood star Tom Cruise, promoting Mission: Impossible – The Final Reckoning, expressed his admiration for…

10 hours ago

Amit Shah Hails Neeraj Chopra’s New National Record At Doha Diamond League

Union Home Minister Amit Shah congratulated javelin star Neeraj Chopra for his record-breaking performance at…

10 hours ago

Synthetic Truth: How AI Deepfakes Are Reshaping Reality

Deepfakes powered by AI are blurring the line between truth & fabrication, raising concerns over…

10 hours ago