Business

Nifty ends below 18,000, Sensex falls 435 points

BSE Midcap and Smallcap indices were the outperformers,
ending with stellar gains of over 1.3% each.

 

MUMBAI: Sensex and Nifty declined on Tuesday due to profit booking in heavyweights like HDFC twins. After a sharp rally on Monday, Sensex ended 435 points lower at 60,176.50, while Nifty lost over 0.5% to end below the 18,000 mark. The markets started the day on a positive note but slipped into red soon after opening in volatile trade.

 

While banks and financials were the biggest laggards among sectors, auto and FMCG were the outperformers.

 

HDFC Ltd and HDFC Bank that had led the stock market’s rally on Monday, declined on profit booking and were the biggest laggards on the indices. NTPC, Power Grid and Adani were among the major gainers in trade on Tuesday.

 

BSE Midcap and Smallcap indices were the outperformers, ending with stellar gains of over 1.3% each.

The Gulf Indians

Recent Posts

The 1975 Emergency: 21 months of Nightmare in Delhi

By Joseph Maliakan Three terrible things that were inflicted especially on the poor and marginalized people…

3 days ago

Received the Angola Leaders Award “Excellence in International Business Cooperation & Angola – UAE Integration”

Mr. Sajith Kumar P K : Along with Mr. Sajith Kumar, four other prominent leaders…

7 days ago

kerala budget

Sajith Kumar P.K : The Budget is touched to the Structural Reforms especially in Maritime…

1 week ago

ILBS : Public funded Hospitals fostering VIP Culture

By Joseph Maliakan The Institute of Liver and Biliary Sciences (ILBS) is a mono-super specialty…

4 weeks ago

Denial of Bail to Umar Khalid and Sharjeel Imam Unjust : The Supreme Court once again upholds the principle ‘ Bail is the Rule , Jail the Exception ‘

By Joseph Maliakan In a judgment that will have far-reaching consequences for the protection of…

1 month ago

The proposed School Management Committees (SMCs) are Unconstitutional, an attack on Autonomy and will spread utter Chaos in School Education across the country.

By Joseph Maliakan Education according to the Indian Constitution, is in the concurrent list and…

2 months ago

This website uses cookies.