Equities fall in early trade; Sensex slides 530 points
Business | Sep 14, 2022, 11:11 AM ISTThe 30-share Sensex plunged 530.36 points or 0.88 percent to 60,040.72 points while the Nifty declined 150.75 points or 0.83 percent to 17,919.30 points.
The 30-share Sensex plunged 530.36 points or 0.88 percent to 60,040.72 points while the Nifty declined 150.75 points or 0.83 percent to 17,919.30 points.
Asian markets, including South Korea and Hong Kong, were trading higher, and the US and European markets closed in the green territory.
The 30-share BSE Sensex climbed 104.92 points or 0.18 per cent to settle at 59,793.14. During the day, it jumped 431.58 points or 0.72 per cent to 60,119.80. On similar lines, the broader NSE Nifty ended higher by 34.60 points or 0.19 per cent to 17,833.35.
From the Sensex pack of firms, IndusInd Bank, State Bank of India, Tata Steel, Hindustan Unilever, NTPC, Infosys, Dr. Reddy's, Sun Pharma, and ICICI Bank emerged as the biggest gainers.
At the interbank foreign exchange market, the rupee opened at 79.93 against the greenback, registering a decline of 11 paise over its last close.
Power Grid, NTPC, Bharti Airtel, Reliance Industries, Titan, Maruti, HDFC Bank, Hindustan Unilever and Bajaj Finance were among the major gainers in initial trade.
At the interbank foreign exchange market, the rupee opened at 79.80 against the greenback, then fell further to 79.90, registering a decline of 12 paise over its last close.
The rupee opened at 79.84 against the dollar and touched 79.82 in initial deals, registering a gain of 5 paise over the last close.
ICICI Bank, Tech Mahindra, ITC, HCL Technologies, Tata Steel, Axis Bank, Reliance Industries, IndusInd Bank, and HDFC Bank were the major gainers in early trade.
The BSE Sensex oscillated between gains and losses throughout the session after finally settling 36.74 points or 0.06 per cent higher at 58,803.33 while Nifty dropped 3.35 points or 0.02 per cent ending at 17,539.45.
NTPC, ITC, Bajaj Finance, Kotak Mahindra Bank, Larsen & Toubro, Titan, Mahindra & Mahindra, and Asian Paints were among the gainers in early trade.
The BSE Sensex fell 770.48 points or 1.29 percent to settle at 58,766.59. During the day, it tanked 1,014.5 points or 1.70 percent to 58,522.57. Similarly, the NSE Nifty declined 216.50 points or 1.22 percent to close at 17,542.80.
Mumbai: At the interbank foreign exchange, the rupee opened at 79.92 against the American dollar and touched 79.84 in initial deals, registering a gain of 7 paise over the last close.
Mumbai: Sensex pack Bajaj Finserv, Maruti, Tata Steel, NTPC, State Bank of India, and Axis Bank were among the major winners. Bharti Airtel and Dr. Reddy's were the only laggards.
Mumbai: The rupee appreciated by 6 paise to close at 79.86 (provisional) against the US dollar on Friday, supported by foreign fund inflows and a positive trend in domestic equities. However, higher crude prices in the international markets restricted the rupee's gain, forex dealers said.
The BSE Sensex opened firm and soared over 500 points to an intra-day high of 59,321.65, but succumbed to profit-booking towards the end of the session.
The 30-share BSE Sensex suddenly came under selling pressure towards the fag-end, tumbling 310.71 points or 0.53 percent to settle at 58,774.72. Similarly, the broader NSE Nifty dropped 82.50 points or 0.47 percent to 17,522.45.
Market news: The 30-share BSE Sensex climbed 54.13 points to settle at 59,085.43. Similarly, the broader NSE Nifty went up by 27.45 points or 0.16 percent to 17,604.95.
Both the benchmark indices were trading lower, with the Sensex falling 146.56 points to 58,884.74 and the Nifty declining by 43.95 points to 17,533.55.
The 30-share BSE Sensex climbed 257.43 points or 0.44 percent to settle at 59,031.30. During the day, it hit a high of 59,199.11 and a low of 58,172.48. The broader NSE Nifty advanced 86.80 points or 0.50 percent to 17,577.50.
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