India  

Equity indices erase early gains, banking stocks suffer

Video Credit: ANI - Duration: 01:27s - Published
Equity indices erase early gains, banking stocks suffer

Equity indices erase early gains, banking stocks suffer

Equity benchmark indices erased early gains and closed marginally lower on Tuesday with Nifty PSU bank slipping by 1.3 per cent.

The BSE S-P Sensex closed 31 points or 0.06 per cent lower at 50,364 while the Nifty 50 skidded by 19 points or 0.13 per cent to 14,910.

Most of the sectoral indices at the National Stock Exchange were in the negative terrain except from Nifty IT which was up by 1.3 per cent, FMCG by 1 per cent and auto stocks by 0.1 per cent.

The banking sector traded with a negative bias as Nifty PSU bank slipped by 1.3 per cent, private bank by 1 per cent and financial service skidded by 0.8 per cent.

Among stocks, Asian Paints surged by 4.7 per cent to Rs 2,466 per share, Dr Reddy was up by 2.6 per cent and Hindustan Unilever, HCL Tech gained by 1.6 per cent each.

ITC edged higher by 1.4 per cent to Rs 208 per share.

Among other gainers were Bharti Airtel, UltraTech Cement, TCS, Britannia and Maruti Suzuki.

However, Cipla skidded by 1.6 per cent to Rs 793 per share and Tata Steel by 1.5 per cent to Rs 725 per share.

Banking scrips also suffered with ICICI Bank, State Bank of India, Axis Bank and HDFC Bank closing with a negative bias.

Among the other major losers were BPCL, Shree Cements, Divi's Laboratories and NTPC.

In Asian markets, Hong Kong's Hang Seng and South Korea's Kopsi gained by 0.7 per cent each while Japan's Nikkei 225 skidded by 0.2 per cent.


You Might Like


💡 newsR Knowledge: Other News Mentions

South Korea South Korea Country in East Asia

Thousands of N Korean troops at Ukraine border will enter war 'within days' - US

Thousands of North Korean soldiers are now positioned near Ukraine's border and likely to enter combat in the coming days, the US says.
Sky News
Meet Choi Soon-hwa: The 80-year-old Miss Universe contestant proving beauty has no age limit [Video]

Meet Choi Soon-hwa: The 80-year-old Miss Universe contestant proving beauty has no age limit

Choi Soon-hwa, an 80-year-old South Korean, has made history as the oldest-ever contestant in the Miss Universe competition.

Credit: euronews (in English)    Duration: 01:32Published

Hong Kong Hong Kong Special administrative region of China

Boulter beaten by Shnaider in Hong Kong final

British number one Katie Boulter is comfortably beaten in straight sets by top seed Diana Shnaider in the final of the Hong Kong Open.
BBC Sport

Boulter loses Hong Kong final but moves into top 25

British number one Katie Boulter is comfortably beaten in straight sets by top seed Diana Shnaider in the final of the Hong Kong Open.
BBC Sport

Boulter battles past Yuan to reach Hong Kong final

Great Britain's Katie Boulter reaches her third WTA final of the year with a 6-2 5-7 6-2 victory over China's Yue Yuan at the Hong Kong Open.
BBC Sport

Related videos from verified sources

Closing bell: Sensex cracks by 627 points amid selloff across sectors [Video]

Closing bell: Sensex cracks by 627 points amid selloff across sectors

Equity benchmark indices plunged by over 1 per cent on Wednesday amid profit booking by traders across counters on the last trading day of FY21.The BSE SandP Sensex closed 627 points or 1.25 per cent..

Credit: ANI     Duration: 01:13Published
Equity gauges dip, HDFC Bank top loser [Video]

Equity gauges dip, HDFC Bank top loser

Equity benchmark indices dipped by over half a per cent during early hours on Wednesday amid mixed global cues with banking and financial stocks taking a hit. At 10:15 am, the BSE SandP Sensex was down..

Credit: ANI     Duration: 01:19Published
Closing bell: Sensex zooms 1,128 points, IT and metals join bull bandwagon [Video]

Closing bell: Sensex zooms 1,128 points, IT and metals join bull bandwagon

Equity benchmark indices were on upswing through the trading session on March 30 and closed nearly 2.5 per cent higher with IT, metals, pharma and FMCG stocks witnessing substantial gains. The BSE S-P..

Credit: ANI     Duration: 01:15Published