Stocks News

Massacre on Dalal Street: Nifty, Sensex hump over 1%, all sectors quit in crimson

Up up to now March nineteenth, 2024 at 16:22 IST

The benchmark NSE Nifty 50 fell 1.08% to 21,817.75 and the broader BSE Sensex fell 1.01% to 72,013.1.

Reported by: Alternate Desk

Stock market smash | Image:Republic World

Stock market news: Benchmark indices, NSE Nifty 50 and S&P BSE Sensex ended Tuesday, March 19, on a negative expose amid a selling spree in info technology (IT), posthaste-bright user items (FMCG), and media sectors. The benchmark NSE Nifty 50 fell 1.08 per cent to 21,817.75 and the broader BSE Sensex fell 1.01 per cent to 72,013.1, sooner than the US Federal Reserve’s price resolution and commentary on Wednesday.

Vaibhav Vidwani, Analysis Analyst, BONANZA PORTFOLIO LTD, mentioned, “As consumers turn into extra cautious about the US Fed’s resolution later this week, the market sells down. In give away to discover the necessary coverage price, the Fed will convene on March 19 and 20. Experts predict that the Fed will help rates unchanged.”

“With PPFAS Asset Administration Firm Restricted, the Central Bank of India has engaged into a distributorship settlement for the sale of its mutual fund products to its prospects utilizing the enact-it-your self (DIY) methodology,” Vidwani added.

Sensex top gainers

  • Bajaj Finance: 1.38 per cent
  • Kotak Bank: 0.57 per cent
  • ICICI Bank: 0.26 per cent
  • Bharti Airtel: 0.23 per cent
  • HDFC Bank: 0.19 per cent
  • Bajaj Finserv: 0.13 per cent

Sensex top losers

  • TCS: -4.03 per cent
  • NestleInd: -3.37 per cent
  • IndusInd Bank: -3.16 per cent
  • Wipro: -3.05 per cent
  • HCL Tech: -2.62 per cent
  • Infosys: -2.52 per cent

Nifty top gainers

  • Bajaj Auto: 1.47 per cent
  • Bajaj Finance: 1.25 per cent
  • Eicher Motors: 0.82 per cent
  • Kotak Bank: 0.73 per cent
  • HDFC Bank: 0.27 per cent
  • Hindalco: 0.23 per cent

Nifty top losers

  • TCS: -4.37 per cent
  • BPCL: -4.15 per cent
  • Cipla: -3.59 per cent
  • Britannia: -3.33 per cent
  • IndusInd Bank: -3.23 per cent
  • Dr Reddy: -3.22 per cent

Published March nineteenth, 2024 at 16:16 IST

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