Finance
Today’s Stock Market News | Sensex, Nifty, and Share Prices Highlights: Domestic markets finished the tumultuous day on Thursday in the red as the RBI MPC maintained key repo rates steady and boosted the inflation estimate. The NSE Nifty 50 down 89.45 points, or 0.46%, to 19,543.10, while the BSE Sensex fell 307.63 points, or 0.47%, to 65,688.18. Bank Nifty declined 338.90 points or 0.76% to 44,541.80, Nifty FMCG fell 0.91%, Nifty Pharma fell 0.74, Nifty PSU Bank fell 0.81%, and Nifty Media rose 6.63%. Adani Enterprises, Adani Ports, IndusInd Bank, Titan, and ONGC were the top gainers on the Nifty 50, while Asian Paints, Kotak Bank, Britannia, ITC, and Nestle India were the top losers.
RBI MPC maintains policy repo rate at 6.5% and retains monetary policy stance.
The US market ended the overnight session in red – Dow Jones Industrial Average (DJIA) sank 0.54%, S&P 500 tanked 0.70% and the tech-heavy Nasdaq plunged 1.17%.
In Asian markets, there was a mixed trading scenario – China’s Shanghai Composite Index saw a rise of 0.09%. Meanwhile, Japan’s Nikkei 225 gained 0.14%, and the Asia Dow also advanced by 0.14%. However, South Korea’s KOSPI experienced a decline of 0.39%, and Hong Kong’s Hang Seng tumbled by 0.61%.
Source:FE
