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 losers on the Sensex were IndusInd Bank, Bajaj Finance and SBI, while the only gainers were Sun Pharmaceutical Industries and Infosys.
During the week, the Sensex declined 438.51 points or 0.87 per cent, while the Nifty shed 32.50 points or 0.21 per cent.
The key Indian equity indices fell on Monday morning with heavy selling in banking, finance and auto stocks. The night…
The S&P BSE Sensex ended 1,128.08 points or 2.30 per cent higher at 50,136.58 with HCL Tech being the top gainer as it rose over 4 per cent.
Nazara Technologies listed an 84 per cent premium over the issue price of Rs 1,101 on the NSE.
