Sensex sinks 470 points on profit booking, metals dip
Video Credit: ANI - Duration: 01:10s - Published
Sensex sinks 470 points on profit booking, metals dip
Equity benchmark indices closed one per cent lower on Monday as traders booked profits during second half of the session across all sectors.
The BSE SandP Sensex was down by 470 points or 0.96 per cent at 48,564 while the Nifty 50 slipped by 152 points or 1.06 per cent to 14,281.
All sectoral indices at the National Stock Exchange were in the red zone with Nifty metal dipping by 4 per cent, pharma by 2.7 per cent, PSU bank by 2.4 per cent and realty by 2 per cent.
Among stocks, Tata Motors was the top loser with a fall of 6 per cent to close at Rs 244.50 per share.
Tata Steel dropped by 5.8 per cent to Rs 665 per share while Hindalco and JSW Steel cracked by 4.2 per cent each.
The Finance Minister Nirmala Sitharaman is all set to present the Union Budget on July 23, marking the first full budget post the 2024 elections. With the economy showing robust growth and stock market indices like the Sensex and Nifty reaching record highs, thereβs a lot at stake.
#budget 2024, #market, #financeminister
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Let's take a moment to appreciate the incredible journey of the Sensex, which breached the 80,000 mark for the first time on July 3, 2024. This remarkable rally saw the Sensex crossing the 80,000 mark on July 3 in the shortest span of just 138 sessions, a journey from 70,000 points completed within six months.
#market #sensex #nifty #Stockmarket #IndiaStockExchange #NationalStocks #Nifty #Sensexnews #Oneindia #Oneindianews
~HT.178~PR.320~ED.155~GR.125~
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