Business

Sensex Slides 45 Points In A Very Erratic Trading Day

Benchmark Sensex tumbled over 45 points in very turbulent trade on Wednesday, reflecting weak Asian markets and continuous foreign fund outflows.

The 30-share BSE Sensex slid 45.46 points or 0.06 percent to 73,466.39. During the day, it plunged 437.93 points or 0.59 percent to 73,073.92.

The NSE Nifty index remained unchanged at 22,302.50.

Pidilite Industries, Canara Bank, Cholamandalam Invest, SRF, Dr Reddy’s Labs, Asian Paints, Berger Paints, Grasim Industries, UltraTech Cement, SBI Life Insurance, Hindustan Unilever, and HDFC Bank were the top laggards.

Among the gainers were RECL, Power Finance Corp, GAIL (India), ABB India, Varun Beverages, HAL, Siemens, Interglobe Aviation, and Avenue Supermarts.

In Asian markets, South Korea, and Taiwan ended in green, while Gift Nifty, Shanghai, Tokyo, Malaysia, and Hong Kong concluded in red.

European stocks were trading higher.

On Tuesday, US markets ended on a mixed note.

Brent crude lost 1.65 percent to USD 82.91 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 3,668.84 crore on Tuesday.

On Tuesday, the Sensex dipped 383.69 points or 0.52 percent to 73,511.85, while the Nifty sank 140.20 points or 0.62 percent to 22,302.50.

Also read: Pakistan Court Rules Imran Khan’s Wife To Shift To Jail From House Arrest

Spriha Rai

Recent Posts

ITC’s Non-Cigarette FMCG Business Sees ₹34,000 Crore Consumer Spend In FY25

Consumers spent over ₹34,000 crore on ITC’s non-cigarette fast-moving consumer goods (FMCG) products in the…

9 mins ago

Montana Delegation Praises ‘Magical’ Experience During Study Visit To India

A ten-member delegation from the US state of Montana, comprising seven high school students and…

19 mins ago

India Poised To Outpace G7 Peers, Says PHDCCI Study On G7‑India Collaboration

India will continue to expand faster than any G7 economy over the rest of this…

52 mins ago

Morgan Stanley Maintains Bullish Outlook On Indian Equities For Q3 FY26

Global brokerage firm Morgan Stanley has expressed continued optimism about Indian equity markets heading into…

1 hour ago

Karimnagar’s 6-Year-Old Kid Crafts PM Modi’s Portrait With Rubik’s Cubes

In a remarkable display of creativity, six-year-old kid, a resident of Karimnagar, captured national attention…

1 hour ago

Corporate India Reports 7.2% Sales Growth In FY25, RBI Data Shows

Corporate India saw a sales growth of 7.2% in FY25, up from 4.7% the previous…

1 hour ago