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    Prime Minister Shri Narendra Modi inaugurates SEMICON India 2024 in Greater Noida, Uttar Pradesh

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Share Market Highlights: Nifty closes 55 pts lower, Sensex settles below 64950

shree1news by shree1news
August 18, 2023
in Business
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Share Market close highlights: Sensex down 368pts, Nifty at 24,487; Financial, FMCG top drags
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Today’s Stock Market News | Sensex, Nifty, and Share Prices Highlights: On Friday, both the NSE Nifty 50 and the BSE Sensex ended in the red. The Sensex down 0.31% to 64948.66, while the Nifty 50 fell 55.10 points to 19,310.15. The Bank Nifty ended the day at 43,851.05, down 0.09%. Nifty IT down 1.47% and Nifty Pharma fell 0.57%, while PSU Bank gained 0.23%, Nifty FMCG gained 0.22%, and Nifty Media gained 0.65%.

Wall Street overnight

Wall Street’s main indexes closed lower after choppy trading on Thursday as losses in healthcare stocks eclipsed gains in Cisco and energy stocks, while upbeat economic data kept alive fears of interest rates remaining higher for longer, according to Reuters. S&P 500 gave up 0.77%, the Nasdaq Composite crashed 1.07%, and the Dow Jones Industrial Average lost 0.84%.

Asian markets

Shares in the Asia-Pacific region were trading in the red on Friday. China’s Shanghai Composite and Shenzhen Component were higher by 0.25% and lower by 0.28% respectively. Japan’s Nikkei 225 traded with losses of 0.32%. South Korea’s Kospi declined 0.34% while Hong Kong’s Hang Seng fell 0.38%. The Taiwan Weighted index recorded a gain of 0.24%.

 

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Source:FE

Tags: BSE Sensexshare marketshree1newsStock Market

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