Market closes lower due to losses in consumer stocks amid weak earnings
The stock market closed lower on Wednesday due to losses in consumer stocks amid weak earnings.
The stock market closed lower on Wednesday due to losses in consumer stocks amid weak earnings.
The benchmark indices surged 1.8 per cent on the back of strong gains in capital goods, banking, energy, and auto stocks on Tuesday.
Stock market fell on Monday amid losses in global markets as the US President Donald Trump announced new tariffs on key trading partners, including Canada, Mexico, and China.
Stock market closed higher on Friday, a day before the announcement of Budget, for the fourth consecutive session.
At close, Sensex was up 654 points or 0.9 per cent at 76,555 and Nifty was up 206 points or 0.9 per cent at 23,163.
The top gainers on the Sensex were HCL Technologies, Axis Bank and ITC, while the major losers so far were Bharti Airtel, Hindustan Unilever and UltraTech Cement
BSE Sensex hit a record high of 58,553.07 points, and the Nifty50 on the National Stock Exchange recorded a fresh high of 17,436.50 points.
The top gainers on the Sensex were Tata Steel, Bharti Airtel and Larsen & Toubro, while the only losers were Tech Mahindra and Nestle India
The top gainers on the Sensex were Reliance Industries, HCL Technologies, and Bajaj Finserv, while the major losers were Bharti Airtel, Power Grid, and Maruti Suzuki India.
The top gainers on the Sensex were TCS, HCL Technologies, and Nestle India, while the major losers were Titan Company, Bajaj Finserv, and Sun Pharmaceuticals.
