Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed in negative territory on March 13. The BSE Sensex dropped more than 906.07 points, or 1.23%, to close at 72,761.89, while the NSE Nifty 50 closed 338.00 points, or 1.51%, lower at 21,997.70. Small- and micro-cap companies suffered the most while the larger indices closed lower. Nifty Midcap 100 closed at 45,971.40, down 2,115.45 points, or 4.40%.
ITC, Kotak Bank, ICICI Bank, Cipla, and Bajaj Finance were the top gainers in the Nifty 50. While Power Grid Corp, Coal India, Adani Enterprises, Adani Ports, and NTPC were the major losers in the Nifty 50 on March 13.
Shares in the Asia-Pacific region are experiencing mixed trading on Wednesday morning. The Asia Dow is up by 1.07%, while Japan’s Nikkei 225 is in the red, showing a 0.45% decline. Hong Kong’s Hang Seng index is trading lower by 0.20%, and the benchmark Chinese index, Shanghai Composite, is down by 0.09%.
The US Dollar Index (DXY), gauging the dollar’s value against a basket of six foreign currencies, experienced a 0.06% decline, trading at 102.90.
According to Bloomberg, the U.S. stock market staged a recovery despite the latest inflation figures having little impact on expectations that the Federal Reserve will reduce rates later this year. The tech-focused Nasdaq Composite concluded the session with a gain of 246.37 points or 1.54%, reaching 16,256.64. The S&P 500 also recorded an increase of 57.33 points or 1.12%, closing at 5,175.27, while the Dow Jones Industrial Average finished higher by 235.83 points or 0.61% at 39,005.49.
Source:FE
