Stock Market: Sensex Down 100 Points, Nifty Around 19,800 Amid Volatility. IT, Auto Drag

Stock Market: Sensex Down 100 Points, Nifty Around 19,800 Amid Volatility. IT, Auto Drag

[ad_1]

The two key equity benchmarks, Sensex and Nifty, on Thursday were trading in the red amid volatility. At 10 am, the BSE Sensex was down 113 points to 66,983. On the other hand, the NSE Nifty was trading at 19,799, down 34 points.

On the30-share Sensex platform, Infosys, HCL, UltracCemco, Bajaj Finance, Titan, Bajaj Finserv were among early losers. On the flipside, Reliance, Sun Pharma, SBI, IndusInd Bank, Tata Steel, HDFC Bank emerged gainers.

In the broader markets, the BSE Midcap and Smallcap indices were up between 0.08 per cent and 0.3 per cent.

Sectorwise, the Nifty IT index fell 0.8 per cent, followed by the Nifty FMCG index (down 0.3 per cent). On the upside, the Nifty PSU bank index was up 0.47 per cent.

The special pre-open session of Reliance Industries is underway to discover the price of Jio Financial Services and RIL (ex-JFS). Shares of Reliance Industries settled at Rs 2,840 apiece on Wednesday. Early trends suggest Jio Financial Services may list around Rs 280 apiece.

In the previous session on Wednesday, the Sensex settled 302 points higher at 67,097 levels, while the Nifty50 closed at 19,833, up 84 points.

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *