Finance
Today’s Share Market News | Sensex, Nifty, and Share Price Highlights: Domestic indices finished in the red on Wednesday, falling below critical levels on the monthly F&O expiry day. The bloodbath on Dalal Street dragged down all broader and sectoral indices. The BSE Sensex fell 773.69 points, or 1.27%, to 60,205.06, while the NSE Nifty 50 fell 226.35 points, or 1.25%, to 17,891.95. Meanwhile, Adani Group stocks fell 2-6% intraday after Hindenburg Research announced that it has short positions in Adani Group companies via US-traded bonds and non-Indian-traded derivative instruments. Bank Nifty was down 2.54%, Nifty PSU Bank was down 3.58%, Nifty IT was down 0.90%, and Nifty Pharma was down 1.22%.
The top gainers of the BSE Sensex were Hindustan Unilever Ltd (HUL) (up 1.14%), Maruti Suzuki (up 0.96%), Tata Steel (up 0.54%), NTPC (up 0.39%) and Sun Pharma (up 0.38%) while State Bank of India (SBIN) (down 4.30%), IndusInd Bank (down 4.26%), HDFC Bank (down 2.78%), Axis Bank (down 2.02%) and HDFC (down 2.02%) were the losers.
Gold futures on the multi-commodity exchange for February delivery were trading at Rs 56,853.00 down 116 points or 0.20% while Silver futures for March delivery were down 142 points or 0.21% at Rs 68,400.00 at 2:57 PM (IST).
Aurobindo Pharma, Bata India, Biocon, Bombay Dyeing & Mfg Company, Entertainment Network (India), GlaxoSmithKline Pharmaceuticals, Indigo Paints, TV18 Broadcast, Voltas and Zydus Wellness were among 70 stocks that hit 52-week lows. On the flip side, Anup Engineering, Bombay Super Hybrid Seeds, Gravita India, Kamdhenu, Landmark Cars, Radhika Jeweltech, Servotech Power Systems, Shradha Infraprojects, Sunflag Iron And Steel Company and Touchwood Entertainment were among 18 stocks that hit 52-week highs.
Source:FE
