Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices experienced a negative closing value. The BSE Sensex shed 313.90 points, or 0.44%, to close at 71,186.86, while the NSE Nifty 50 closed 109.70 points, or 0.51%, lower at 21,462.25. Large- and mid-cap equities led the losses as the wider indices ended the day down. The Bank Nifty index ended the day at 45,713.55, down 350.90 points, or 0.76%.
Sun Pharma, Cipla, Tech Mahindra, Tata Motors, and Axis Bank were the top gainers in the Nifty 50. While, LTIMindtree, HDFC Bank, NTPC, Titan, and Asian Paints were the top laggards in the Nifty 50.
Shares in the Asia-Pacific region are trading in mixed territory on Thursday morning. The Asia Dow is trading down by 1.81%, Japan’s Nikkei 225 is green, up by 0.34%, Hong Kong’s Hang Seng index is trading down by 3.71% and the benchmark Chinese index Shanghai Composite is trading higher by 2.09%.
WTI crude prices are trading at $72.85 up by 0.38%, while Brent crude prices are trading at $78.09 up by 0.27%, on Thursday morning.
The US Dollar Index (DXY), which measures the value of the dollar against a basket of six foreign currencies, traded down by 0.08% at 103.37.
U.S. stocks joined losses in risk assets as bond yields climbed on bets the Federal Reserve will be in no rush to cut rates as the economy shows signs of strength, Bloomberg reported. The tech-heavy Nasdaq Composite dropped by 88.73 points or 0.59% at 14,855.62. The S&P 500 plunged by 32.90 points or 0.69% at 4,733.08, while the Dow Jones Industrial Average trading down by 94.45 points or 0.25% at 37,266.67.
