Finance
The benchmark indices on the BSE and NSE ended more than 0.4% lower on Tuesday, weighed down by fast-moving consumer goods (FMCG), banking, and financial stocks amid global market weakness.
The S&P BSE Sensex fell 287.70 points (0.48 percent) to 59,543.96 while the Nifty 50 fell 74.40 points (0.42 percent) to 17,656.35. Both indices began the day on a flat note with some positive bias, but quickly turned negative as the session progressed, with the Sensex hitting an intraday low of 59,489.02 and the Nifty slipping to 17,637.00.
Nestle India, Hindustan Unilever (HUL), Bajaj Finserv, Kotak Mahindra Bank, Housing Development Finance Corporation (HDFC), Reliance Industries (RIL), Bajaj Finance, and Asian Paints were the biggest losers on the Sensex pack on Tuesday, while Tech Mahindra, Maruti Suzuki India, Larsen & Tourbo (L&T), Dr. Reddy’s Laboratories, State Bank of India (SBI), and NTPC were
The Nifty FMCG index fell 1.03 percent, the Nifty Private Bank index fell 0.84 percent, and the Nifty Financial Services index fell 0.78 percent.
The S&P BSE MidCap index closed at 25,040.86, up 111.02 points (0.45%), while the S&P BSE SmallCap index closed at 28,747.94, down 100.48 points (0.45%). (0.35 per cent).
Source:IE
