Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed in negative territory on March 19 amid a sell-off in IT and FMCG. The BSE Sensex retreated more than 700 points, or 1.01%, to close at 72,012.05. The NSE Nifty 50 closed 238 points, or 1.08% lower, at 21,817.45. But the larger indices ended the day lower, with pressure on midcap and smallcap companies. Nifty Midcap 100 closed at 45,926.30, down over 600 points, or 1.24%.
Bajaj Auto, Bajaj Finance, Bharti Airtel, Kotak Bank, and Eicher Motors were the top gainers in the Nifty 50. While BPCL, TCS, Cipla, Tata Consumer Products, and Dr Reddy’s Laboratories were the key laggards in the Nifty 50 on March 19.
Courtesy: NSE
The NSE Nifty 50 opens down by 0.50% at 21,946.45, while the BSE Sensex drops 0.39% to 72,462.94 in the opening trade.
Stocks in the Asia-Pacific region are seeing declines in trading on Tuesday morning. The Asia Dow is showing a modest increase of 0.83%, but Japan’s Nikkei 225 is down by 0.70%. Similarly, Hong Kong’s Hang Seng index is experiencing a decline of 1.39%, while the Shanghai Composite, China’s benchmark index, is trading lower by 0.31%.
On Tuesday morning, WTI crude prices are trading at $82.82, reflecting a 0.12% increase, while Brent crude prices are at $86.97, showing a 0.09% rise.
The US Dollar Index (DXY), gauging the dollar’s worth against a selection of six major foreign currencies, edged higher by 0.15% to reach 103.58.
According to Bloomberg, American technology behemoths spearheaded the surge in stock prices as the week commenced, amidst anticipation of significant central bank decisions spanning from the United States to England and Japan. The Nasdaq Composite, heavily weighted with tech stocks, closed the session up by 130.28 points, marking a 0.82% increase to reach 16,103.45. Meanwhile, the S&P 500 saw a gain of 32.33 points, representing a 0.63% rise to settle at 5,149.42, and the Dow Jones Industrial Average concluded the day with an increase of 75.66 points or 0.20%, reaching 38,790.43.
Source:FE
