Sensex, Nifty ends lower amid weak global cues; financial stocks tumble
HDFC, ICICI Bank, HDFC Bank were among the top losers Axis Bank contributed the most as it plunged over 3 per cent on the BSE charts.
HDFC, ICICI Bank, HDFC Bank were among the top losers Axis Bank contributed the most as it plunged over 3 per cent on the BSE charts.
The 30-share index, however, pared some early gains and was trading 103.90 points, or 0.29 per cent, higher at 35,617.61. Similarly, the NSE Nifty rose 37.15 points,or 0.35 per cent, to 10,709.40.
The Sensex gained 331.50 points to settle at 35,144.49. It had opened at 34,846.19, touching an intra-day high of 35,187.75 and a low of 34,672.20.
Mixed global cues and a recovery in the domestic currency helped the S&P BSE Sensex eke out meagre gains, ending…
Profit-booking in recent gainers coupled with disappointing results from SBI also took a toll on trading sentiment, brokers said.
The benchmark BSE Sensex got off to a lower start today, tracking a sell-off in global markets amid escalating trade war worries.
The rupee recovered from its nearly one-month low by strengthening 32 paise to 68.06 against the US dollar in early trade.
The 30-share index, which had gained 95.61 points in yesterday's session, was quoting lower by 79.95 points, or 0.23 per cent, at 34,347.34, with metal, banking, realty, FMCG, power and PSU stocks leading the fall.
Ahead of the Economic Survey 2017-18 which will be released in the Parliament on Monday, the key Indian equity indices…
After five consecutive sessions of gains, the key Indian equity indices on Wednesday traded on a flat note with marginal…