Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Wednesday’s trading session in the negative territory. The BSE Sensex fell 27.09 points, or 0.04%, to 73,876.82, while the NSE Nifty 50 ended lower by 18.65 points, or 0.08%, to conclude at 22,434.65. The broader indices ended in mixed territory, with gain led by Small-cap and Mid-cap stocks. The Bank Nifty index closed at 47,624.25, up 113.55 points, or 0.24%. Among the other sectoral indices, PSU Banks and IT companies did better than Realty and FMCG sectors.
The NSE Nifty 50 ends lower by 0.08% to settle at 22,434.65, while the BSE Sensex dropped 0.04% to 73,876.82.
Shriram Finance, TCS, Bharti Airtel, Axis Bank, and Divis Labs are the top gainers on NSE Nifty 50 index whereas the top laggards include Nestle India, Bajaj-Auto, HDFC Life Insurance, Kotak Mahindra Bank, and Dr Reddy’s Labs.
The NSE Nifty 50 opened 0.32% lower at 22,382.55, while the BSE Sensex opened 0.25% lower at 73,716.37.
The Asian markets fell following the US market, where bond yields rose as traders saw no signs of early rate cuts. The Taiwanese market saw a sharp fall after the country was hit by the strongest earthquake in 25 years. The Taiwan Weighted was trading 152.60 points or 0.75% lower at 20,313.97.
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, traded higher, 0.03% at 104.80.
The stocks on Wall Street ended on a lower note as traders lowered expectations of rate cuts and high bond yields. The Dow Jones Industrial Average closed 396.61 points or 1% lower at 39,170.24. The S&P 500 fell 0.72% to close at 5,205.81. Similarly, the Nasdaq Composite pulled back 0.95% closing at 16,240.45.
