Stock indices in India fell for the second consecutive session tracking weak cues from the overnight US markets. Also, the US central bank signalling that further hikes in interest rates may be needed to bring inflation to comfortable levels also hurt the market sentiment.
Benchmark stock indices extended their losses from the previous session as market sentiments remain subdued over global inflation and subsequent monetary policy actions by various central banks.
Key indices of the domestic market Sensex lost 120.88 points to 60,542.91 while Nifty declined 52 points to 17,817.65. Gainers on Sensex were Bajaj Finance, Larsen and Toubro, Infosys, TCS and Power Grid while Tata Motors, UltraTech Cement, Bharti Airtel and Maruti were some of the laggards.
The BSE Sensex went down 115 points to 60,811.52 while NSE Nifty 50 declined 45 points to 18,086.75. Some of the most active stocks that gained in morning trade were Tata Teleservices, RVNL and Adani Wilmar while Dhampur Sugar, Nava, Kitex, Coromadel and Indian Overseas Bank were some of
Mumbai (Maharashtra) [India], October 13 (ANI): The Indian stock market's benchmark Sensex slumped 390 points on Thursday as a surge in inflation and poor industrial output amid weak global cues dampened investors' sentiments.
Mumbai (Maharashtra) [India], October 13 (ANI): The Indian stock market's benchmark Sensex was trading 472 points down in the afternoon session on Thursday as a surge in inflation and poor industrial output dampened investors' sentiments.
Mumbai (Maharashtra) [India], October 7 (ANI): The Indian markets on Friday were trading flat during morning trade amid weak global cues and rising crude prices. The S&P BSE Sensex index was down 196 points to 58,025.17 level whereas Nifty50 dipped 51 points to 17,280 at 9.51 IST on Frid
Mumbai (Maharashtra) [India], October 3 (ANI): Indian markets traded flat and were in negative territory during morning trade on Monday, tracking weak global cues. The 30-share index was down 194 points to 57,231 whereas Nifty50 dipped 52 points to 17,042 at 9.30 IST on Monday.