Finance
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed the trading session on a lower note on September 04. The BSE Sensex lost 73.60 points, or 0.29%, to end the day at 82,384.12. The NSE Nifty 50 finished 74 points, or 0.29% lower, at 25,206.25. The Bank Nifty closed at 51,689, down 0.59% or 305.40 points on the day. The Nifty Midcap 100 ended 57.85 points, or 0.10% higher, at 59,240.
Market Updates:
The NSE Nifty 50 closed 0.29% lower at 25,206.25, while the BSE Sensex closed 0.21% lower at 82,384.12.
Asian Paints, Grasim Industries, Hindustan Unilever, Apollo Hospitals, and Sun Pharma were the top gainers in the Nifty 50. Meanwhile, Coal India, Wipro, ONGC, Hindalco, and M&M were the major losers in the Nifty 50 on September 04.
Several major stocks reached 52-week highs on the NSE, with Morepen Labs leading with a 12.98% gain. Geojit Financial followed with a 10.19% increase, while IIFL Securities saw a rise of 7.53%. Media Assist and Religare also marked new highs, with gains of 3.32% and 5.69%, respectively.
The US Dollar Index (DXY), which measures the value of the dollar against a basket of six foreign currencies, traded up by 0.03% at 101.70.
The NSE Nifty 50 opened 0.65% lower at 25,116.10, while the BSE Sensex opened 0.65% lower at 82,015.51.
Shares across the Asia-Pacific region are trading in negative territory on Wednesday morning. The Asia Dow is down by 1.30%, while Japan’s Nikkei 225 has dropped 2.89%. South Korea’s KOSPI index is trading lower by 2.59%, and China’s benchmark Shanghai Composite is also in the red, down by 0.89%.
Wall Street’s main indexes fell sharply on Tuesday, with the S&P 500 down more than 2% and the Nasdaq Composite losing over 3%, as investor optimism about AI cooled amid a broad market sell-off. The decline accelerated after disappointing economic data. The tech-heavy Nasdaq Composite dropped 577.32 points, or 3.26%, closing at 17,136.30. The S&P 500 fell 119.47 points, or 2.12%, ending at 5,528.93. Meanwhile, the Dow Jones Industrial Average declined by 626.15 points, or 1.51%, to close at 40,936.93. This marked the largest daily drop for all three indexes since early August, according to a Reuters report.
Source:FE
