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

Supreme Court Rejects Medha Patkar’s Plea In Defamation Case

The Supreme Court upheld Medha Patkar’s defamation conviction in a case filed by Delhi’s Lieutenant…

26 mins ago

Supreme Court To Review Waqf Bill Amid Rising Opposition

The Supreme Court will hear challenges to Waqf Act amendments limiting the Board’s authority over…

37 mins ago

Supreme Court Transfers Bihar Bridge Collapse Petition To Patna HC

The Supreme Court has transferred a plea seeking an inquiry into Bihar’s frequent bridge collapses…

50 mins ago

Modi Government Introduce Waqf Amendment Bill In Parliament: A Numbers Game

The second phase of budget session is underway in Parliament, and amidst ongoing protests, the…

59 mins ago

How Your Skin Changes When You Stop Eating Sugar For 30 Days

Cutting sugar from your diet for 30 days can lead to noticeable improvements in your…

1 hour ago

Waqf (Amendment) Bill Will Benefit Muslims, Says All India Muslim Jamaat Chief

On Wednesday, All India Muslim Jamaat chief Maulana Shahabuddin Razvi affirmed the Waqf (Amendment) Bill…

2 hours ago