ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
Business

Sensex slips 222 points to 38,165, Nifty below 11,500 mark

Mumbai (Maharashtra) [India], Mar 22 (ANI): Equity benchmark indices edged lower on Friday as traders booked profits from recent gains.

ANI Mar 22, 2019 16:43 IST googleads

Reliance, HDFC and Kotak Mahindra came under selling pressure on Friday

Mumbai (Maharashtra) [India], Mar 22 (ANI): Equity benchmark indices edged lower on Friday as traders booked profits from recent gains.
The BSE S&P Sensex closed 222 points lower at 38,165 while the NSE Nifty 50 was slipped 64 points at 11,457.
The selling pressure was more pronounced in Reliance Industries, HDFC Bank, Kotak Mahindra Bank and Tata Consultancy Services.
However, the gainers were led by Spicejet, Larsen & Toubro, NTPC, Infosys and Axis Bank.
In fact, shares of SpiceJet closed with a gain of over 7 per cent while InterGlobe Aviation -- the parent company of IndiGo -- ruled firm to close 4 per cent higher amid reports that disruption in Jet Airways flight schedules could increase their market share.
But even Jet Airways closed with a gain of 3.6 per cent amid hopes related to its resolution plan.
The most active stocks on National Stock Exchange were HDFC Bank, Reliance Industries and Maruti.
Meanwhile, Asian shares were mostly in the green after upbeat US data and optimism in the tech sector lifted Wall Street stocks.
The International Energy Agency said that the United States has become the world's biggest producer of crude oil ahead of Russia and Saudi Arabia, and could become a net oil exporter by 2021.
Brexit worries, however, continued to hang, leading investors to adopt a cautious approach.
(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

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

New Delhi [India], March 12: There is something quietly powerful about a window... It neither confines nor escapes. It simply allows us to look, to pause, to breathe between inner and outer worlds. In The Painted Window, multi-award-winning contemporary artist Nandita Desai turns this everyday architectural element into the soul of her fifth solo exhibition, transforming vintage and handcrafted windows into luminous works of art. Running from 16th to 21st March 2026 at the Kamalnayan Bajaj Art Gallery, Nariman Point, Mumbai, the exhibition brings together 50 artworks - windows that look outward at the world, and inward at memory and quiet reflection.

Read More
Business

India: CPI inflation rises to 3.21% in February 2026

India: CPI inflation rises to 3.21% in February 2026

India's Consumer Price Index or retail inflation in February was recorded at 3.21 per cent, official data showed on Thursday.

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

Wizz Financial Completes First Stablecoin-Powered Cross-Border

Wizz Financial Completes First Stablecoin-Powered Cross-Border

Dubai [UAE], March 12: Wizz Financial, the global fintech company specializing in cross-border payments and digital wallets, today announced the completion of its first stablecoin-powered cross-border remittance and treasury transaction originating from the United States, with capabilities into 80 countries, in partnership with BitGo Bank & Trust, N.A. ("BitGo"), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO). Through the partnership, Wizz Financial is utilizing BitGo's institutional-grade wallet infrastructure and e-trade services to facilitate the conversion of fiat currency into stablecoins, enabling near-real-time settlement, enhanced liquidity management, and compliant, scalable cross-border remittance flows across its global network as new corridors are progressively launched.

Read More
Business

DataArt Partners with CHRIST University on IT Museum – India

DataArt Partners with CHRIST University on IT Museum – India

Bangalore (Karnataka) [India], March 12: DataArt, a global software engineering firm that delivers breakthrough data, analytics, and AI platforms, has partnered with CHRIST (Deemed to be University), Bangalore Yeshwanthpur Campus, to launch IT Museum - India, a new digital platform dedicated to preserving India's rich information technology heritage. Officially inaugurated in February at the KEC Auditorium in the presence of His Grace Archbishop Raphy Manjaly of the Archdiocese of Agra, the initiative emphasizes both its academic and cultural significance.

Read More
Business

LTM Recognized as Innovator in Avasant's GenAI Services 2025

LTM Recognized as Innovator in Avasant's GenAI Services 2025

Warren (New Jersey) [US] / Mumbai (Maharashtra) [India], March 12: LTM, the Business Creativity partner to the world's largest enterprises, has been recognized as an Innovator in Avasant's Generative AI Services 2025 RadarView™. The recognition highlights LTM's strong capabilities in generative AI (Gen AI) and agentic AI, underpinned by robust governance, enterprise-scale platforms, and sustained investments in innovation.

Read More
Business

Nifty down 250 pts, Sensex lost 800 pts in opening as crude surge

Nifty down 250 pts, Sensex lost 800 pts in opening as crude surge

Indian stock markets opened 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

Comviva Launches NGAGE for Enterprises to Power Secure

Comviva Launches NGAGE for Enterprises to Power Secure

Las Vegas (Nevada) [US] / New Delhi [India], March 11: Comviva, a global leader in digital transformation solutions across customer experience management, data monetization, and digital financial services, today announced the launch of NGAGE for Enterprises, a next-generation CPaaS platform designed to help enterprises deliver seamless, secure, and intelligent customer experiences at scale.

Read More
Business

Data Recovery Experts Highlight Top 5 Hard Drive Failures

Data Recovery Experts Highlight Top 5 Hard Drive Failures

New Delhi [India], March 11: Hard Disk Drives (HDDs) continue to power critical storage infrastructure across enterprises, government systems, surveillance networks, and IT environments. While known for their reliability and high storage capacity, HDDs remain vulnerable to several technical failures that can result in serious data loss.

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

Copyright © aninews.in | All Rights Reserved.