Closing Bell: Nifty Below 25,000, Sensex Down 502 Pts; Metals Shine
5 Articles
5 Articles
Sensex tanks 501 pts on selling in bank stocks, foreign fund outflows
MUMBAI, July 18: Benchmark stock indices Sensex and Nifty tumbled on Friday, marking their second straight day of losses due to foreign fund outflows and selling in banking shares after a muted start to the quarterly earnings season. The 30-share BSE Sensex tanked 501.51 points or 0.61 per cent to settle at 81,757.73. During the day, it shed 651.11 points or 0.79 per cent to hit a low of 81,608.13. The 50-share NSE Nifty dropped 143.05 points…
Top 5 Stocks And Sectors Dragging Sensex, Nifty Today—Defence, FMCG To Axis Bank, Shriram Finance
The Indian benchmark indices witnessed a dip in levels on Friday, with the Nifty 50 slipping below the 25,000 mark and the Sensex shedding over 500 points. The Nifty 50 fell as much as 0.76% at Rs 24,920.45 intraday on Friday, dragged by share prices of Bank Ltd., Shriram Finance Ltd., and SBI Life Ltd.The Nifty 50 was trading down 0.68% at 24,933.65, while the Sensex was down 0.78% at 81,630.51 at the time of publishing this story.On the sector…
Stock Market Live Update: Despite good global cues, the market is worried due to heavy selling in cash and futures by FIIs. Yesterday, US markets closed with gains. Positive signs are also coming from Asia and Nifty, but yesterday, FII's net shortfall reached close to 1.5 lakh contracts. Meanwhile, after three days of decline, crude returned to its rally. Brent again reached close to $70.
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