ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Indices close in the red as last trading hour wipes out early gains

Mumbai (Maharashtra) [India], Feb 19 (ANI): Equity benchmark indices erased morning and afternoon gains on Tuesday and slipped into negative zone amid heavy selling pressure in select high-profile stocks.

ANI Feb 19, 2019 16:38 IST googleads

Market closed in the red on Tuesday

Mumbai (Maharashtra) [India], Feb 19 (ANI): Equity benchmark indices erased morning and afternoon gains on Tuesday and slipped into negative zone amid heavy selling pressure in select high-profile stocks.
The BSE S&P Sensex and the Nifty 50 rose in early trading, bolstered by gains in broader Asian markets amid optimism over on-going US-China trade talks in Washington.
Market experts said the Reserve Bank of India’s decision to hand the government an interim dividend may also have spurred optimism.
But the last hour was crushing. The Sensex closed 146 points down at 35,352 while the Nifty closed 37 points down at 10,604.
IT space was a major drag among the sectors followed by pharma and energy. Buying was seen in FMCG, metal and PSU bank scrips.
TCS, Infosys, Wipro and IndusInd Bank were the top losers while Vedanta, Grasim Industries and BPCL were the top gainers. (ANI)

Get the App

What to Read Next

Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Business

Finkurve Financial Services Limited (Arvog)

Finkurve Financial Services Limited (Arvog)

Mumbai (Maharashtra) [India], March 12: Finkurve Financial Services Limited (BSE: 508954), among leading Tech-first Gold Loan NBFC, announced that the Company has crossed Rs. 1,035 crore+ in Assets Under Management (AUM) surged by nearly 10x compared to FY23, marking a significant milestone in the company's growth trajectory within India's secured lending ecosystem.

Read More
Business

West Asia conflict continues to weigh down India's stock indices

West Asia conflict continues to weigh down India's stock indices

Indian stock markets settled in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.

Read More
Business

Bridging the Tech Divide: How SSGSERV is Redefining White-Label

Bridging the Tech Divide: How SSGSERV is Redefining White-Label

New Delhi [India], March 12: In today's digital economy, enterprises depend heavily on uninterrupted technology infrastructure. As global SaaS platforms and OEM technology providers expand across markets, maintaining reliable customer and technical support has become a growing challenge. Companies are no longer looking for basic call center services but for specialized partners who can manage complex IT environments while maintaining speed, quality and brand consistency.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.