Business

Stock Markets Remain Flat Amid Very Tumultuous Trading

On Wednesday, the equity benchmark indexes Sensex and Nifty opened optimistically but subsequently closed flat in a highly turbulent trade amidst conflicting global market indications.

The 30-share BSE Sensex surged 83.06 points to 73,178.28 in early trading. The Nifty jumped by 27.95 points to 22,226.30. However, later both benchmark indices oscillated between highs and lows.

Bharti Airtel, Tata Motors, State Bank of India, Tata Steel, Reliance Industries, and Kotak Mahindra Bank were among the Sensex’s top gainers.

The laggards were Asian Paints, UltraTech Cement, Wipro, and Larsen & Toubro.

In Asian markets, Seoul rose while Tokyo, Shanghai, and Hong Kong fell.

On Tuesday, the majority of US stock markets closed higher.

Global oil benchmark Brent crude lost 0.40 percent to $83.30 a barrel.

According to exchange data, foreign institutional investors (FIIs) sold securities worth Rs 1,509.16 crore on Tuesday.

On Tuesday, the BSE benchmark went up 305.09 points, or 0.42 percent, to 73,095.22. The Nifty closed 76.30 points, or 0.34 percent higher, at 22,198.35.

Also read: Saudi Arabia Executes 7 For Terrorism, Highest Execution In A Single Day Since 2022

Spriha Rai

Recent Posts

Five Districts In Manipur Face Internet Shutdown Following Unrest

Manipur suspended internet in five districts for five days after protests over arrest of a…

11 mins ago

Shashi Tharoor Criticises Pakistan: “In Pakistan You Get Rewarded For Promoting Terrorism”

Shashi Tharoor condemns Pakistan’s treatment of Dr Shakil Afridi, who helped the US locate Osama…

25 mins ago

How To Read Food Labels & Make Smarter Grocery Choices

Reading food labels helps you make informed, healthier choices by understanding nutrition facts & picking…

48 mins ago

JP Nadda Slams Rahul Gandhi’s ‘Match-Fixing’ Claims As ‘Desperation Of Losing’ Polls

Rahul Gandhi's opinion piece appeared in a national daily and sparked political uproar. Opposition parties…

13 hours ago

Poverty In India Reduced Via Tangible Boost In Household Living Standards, Incomes

In 2022–23, poverty under the revised $3.00 line stood at just 5.25 per cent in…

13 hours ago

Chhattisgarh: Seven Maoists Killed In Indravati National Park Operation

Five Maoists were killed in two separate encounters with security forces in Chhattisgarh’s Bijapur district,…

14 hours ago