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 Nifty50 on the National Stock Exchange was trading at 15,777.10, higher by 67.70 points or 0.43 per cent from its previous close.
The Nifty50 was trading at 15,622.85, lower by 123.60 points or 0.78 per cent from its previous close
Bajaj Finserv, UltraTech Cement, Sun Pharma, Titan, Tata Steel and Kotak Bank were among the gainers.
The top gainers on the Sensex were Titan Company, Sun Pharmaceutical Industries and Infosys
On the Sensex, Bajaj Finance, Tata Steel and Titan Company were the top gainers so far
