Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: On Tuesday, March 5, weak global cues caused the domestic equities market benchmarks, the Nifty 50 and the Sensex, to end their four-day winning streak.
The BSE Sensex dropped around 200 points, or 0.26%, to close at 73,677.13, while the NSE Nifty 50 closed nearly 50 points, or 0.22%, lower at 22,356.30. Small- and mid-cap equities had the most losses as the larger indices closed lower. The Bank Nifty defied the trend, closing at 47,581.00 after gaining 124.90 points, or 0.26%.
Tata Motors, Bharti Airtel, M&M, SBI, and Bajaj Auto were the top gainers in the Nifty 50. While, Bajaj Finance, Infosys, LTIMindtree, Wipro, and Nestle India were the major losers in the Nifty 50 on March 05.
On Tuesday morning, most indices in the Asia-Pacific region are experiencing negative trading. The Asia Dow is currently down by 0.18%, with Japan’s Nikkei 225 showing a decline of 0.42%. Hong Kong’s Hang Seng index is trading lower by 2.30%, while the benchmark Chinese index, the Shanghai Composite, has a marginal increase of 0.05%.
The US Dollar Index (DXY), gauging the dollar’s value against a basket of six foreign currencies, experienced a marginal uptick of 0.02%, reaching 103.85.
On Monday, the relentless surge in U.S. stocks took a pause as traders looked forward to this week’s job data and awaited comments from Federal Reserve officials to gain insights into the interest-rate outlook, according to Bloomberg. The Nasdaq Composite, dominated by tech stocks, closed down 0.41% or 67.43 points at 16,207.51. The S&P 500 saw a decline of 0.12% or 6.13 points, finishing at 5,137.23, while the Dow Jones Industrial Average concluded the day lower by 0.25% or 97.55 points at 38,989.83.
Source:FE
