December 24, 2024 01:34 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait
Sensex-Nifty

Sensex drops by 185.24 points

| @indiablooms | Jun 01, 2022, at 10:53 pm

Mumbai: The BSE Sensex on Wednesday lost a further 185.24 points to settle at 55,381.17 as selling was seen in power, utilities, technology and realty stocks.

The Nifty of the National Stock Exchange (NSE) too fell 61.80 points at 16,522.75.

The Sensex opened higher by 22 points at 55,588.27. During the day, it surged 225 points at 55,791.49, the day's high.

Later, it was dropped nearly 475 points at 55,091.43, the day's low, before closing at 55,381.17, sliding by 185.24 points from its previous close.

The Sensex registered the day's high and low at 55,791.49 and 55,091.43 points respectively.

The Nifty recorded the day's high and low at 16,649.20 and 16,438.85 respectively.
Sectoral indices like power, utilities, technology and realty stocks kept the market weak for another day.

In scrips, Nestle India dropped 2.99 per cent to Rs 17,238.50, a major loser in 30 scrips of the BSE, followed by Tech Mahindra by 2.86 per cent to Rs 1,147.05, Bajaj Finance by 2.63 per cent to Rs 12,575, Sun Pharma by 2.40 per cent to Rs 839.80 and HCL Technology by 2.10 per cent to Rs 1,018.50.

The gainers were M& M by 1.32 per cent to Rs 1,047.50, HDFC by 0.94 per cent to Rs 2,328.85, Kotak Bank by 0.90 per cent to Rs 1,870.80 and Tata Steel by 0.70 per cent to Rs 1,062.95.

The Mid Cap fell by 0.10 per cent while the Small Cap rose by 0.62 per cent.
In 30 scrips, 10 advanced while 20 declined.

The Asian Market was also seen weak. China fell by 0.13 per cent, Hong Kong by 0.62 per cent and Taiwan by 0.79 per cent. Japan rose by 0.65 per cent.

(With UNI inputs)

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.