Equity benchmark indices swung between gains and losses to close 0.4 per cent lower on April 23 as traders seemed reluctant to carry gains into the weekend amid rising COVID-19 cases.
Investors said the surging infections triggered fears about stricter restrictions which may dent business activity in near-term.
The BSE SandP Sensex closed 202 points or 0.42 per cent lower at 47,878 while the Nifty 50 slipped by 65 points or 0.45 per cent to 14,341.
Except for Nifty PSU bank, all sectoral indices at the National Stock Exchange were in the negative terrain with Nifty realty dipping by 1.1 per cent, FMCG by 0.9 per cent IT by 0.8 per cent and auto by 0.5 per cent.
Among stocks, FMCG major Britannia dropped by 2.6 per cent to Rs 3,651.80 per share while Hindustan Unilever fell by 1.7 per cent to Rs 2,309.
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
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Today Nirmala Sitharaman tabled the Budget 2024 in the parliament. After budget presentation Industrailists and CEO's of different companies hailed the Modi 3.0 Budget. On Union Budget 2024, Ashish Chauhan, CEO of NSE and ex-CEO of BSE says, "I would give 10/10 to this Budget. It is a very focused Budget for employment generation and with a focus on infrastructure development..."
#BudgetWithOneindia #UnionBudget2024 #NirmalaSitharaman #BahiKhaata #IndianEconomy #BudgetSpeech #PMModi #EconomicSurvey #FinanceMinister #ParliamentSession #HistoricBudget #nseceoreactsonbudget #oneindia #oneindianews
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Equity benchmark indices cracked by 2 per cent on April 30 due to unabated rise in COVID cases and hiccups in vaccination drive amid unfavourable global cues. The BSE SandP Sensex closed 984 points or..
Key equity indices slipped during early hours on Friday due to an unabated rise in COVID cases and unfavourable global cues. At 10:15 am, the BSE SandP Sensex was down by 396 points or 0.8 per cent at..
Equity benchmark indices showed resilience on April 22 despite a record single-day spike of over three lakh Covid-19 cases across the country and closed 0.8 per cent higher. The volatile session,..
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