Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices continued closing on a lower note for the fourth consecutive session on October 17. The BSE Sensex lost 478 points, or 0.59%, to end at 81,023. The NSE Nifty 50 finished 221 points, or 0.89% lower, at 24,750. The Bank Nifty ended the day’s trading 1.02% lower at 51,274. The Nifty Midcap 100 ended the session 992 points, or 1.67% lower, at 58,460.
Market Updates:
The NSE Nifty 50 closed 0.89% lower at 24,750, while the BSE Sensex closed 0.59% lower at 81,022.91.
Tech Mahindra, Infosys, Power Grid, L&T, and SBI were the top gainers in the Nifty 50. Meanwhile, Bajaj Auto, Shriram Finance, M&M, Nestle India, and Hero MotoCorp were the major losers in the Nifty 50 on October 17.
14:54 (IST) 17 Oct 2024
Nifty IT was the only sector to trade in green on October 17. The sectoral index was pulled by Infosys, Tech Mahindra, Mphasis, TCS, and Wipro majorly.
Courtesy: NSE
Except for SBI every stock of Bank Nifty was trading in the red on October 17. HDFC Bank along with ICICI Bank and Axis Bank saw deep cuts.
Courtesy: NSE
The Nifty 50 was down 191 points or 0.77% at 24,780 while the Sensex was down 462 points or 0.57% at 81,040.
The NSE Nifty 50 opened 0.22% higher at 25,027.40, while the BSE Sensex opened 0.31% higher at 81,758.07.
The US Dollar Index (DXY), which measures the value of the dollar against a basket of six foreign currencies, traded down by 0.02% at 103.52.
The Dow Jones Industrial Average rose on Wednesday and closed at a record high, and Wall Street’s two other benchmark indexes also ended higher, weathering declines in megacap tech shares thanks to small-caps gains and financial shares buoyed by strong earnings, reported Reuters. The tech-heavy Nasdaq Composite ended up by 51.49 points or 0.28% at 18,367.08 The S&P 500 ended higher by 27.21 points or 0.47% at 5,842.47, while the Dow Jones Industrial Average is trading down by 44.87 point or 0.10% at 43,033.83.
Source:FE
