ANI
20 Jan 2022, 11:57 GMT+10
Mumbai [India], January 20 (ANI): The Indian equities markets key indices tumbled for the third straight day on Thursday dragged by heavy selling pressure in IT, financial and energy stocks.
The 30 stock SP BSE Sensex of the Bombay Stock Exchange was trading at 59,582.20 points at 11.12 am, which is 516.62 points or 0.86 per cent lower from its previous day's close at 60,098.82 points.
The benchmark Sensex is trading deep in the red for the third consecutive session. The Sensex had lost 656 points and 554 points in the previous two trading sessions, respectively.
The Sensex started the Thursday trade marginally down at 60,045.48 points, which also remains the highest level for the day. The index slumped to a low of 59,565.94 points.
The broader Nifty 50 of the National Stock Exchange was trading at 17,839.30 points, which is 0.55 per cent or 99.10 points down from its previous day's close at 17,938.40 points.
The Nifty slumped to a low of 17,817.65 points in the morning trade after opening in the positive at 17,921.00 points.
IT stocks witnessed heavy selling pressure for the third straight day. Infosys tumbled 1.94 per cent to Rs 1831.50. HCL Technologies slumped 1.70 per cent to Rs 1178.75. TCS fell 1.09 per cent to Rs 3873.
Other major Sensex losers included: HDFC 2.03 per cent down at Rs 2565.50; Bajaj Finserv 1.77 per cent down at Rs 17767; Reliance Industries 1.67 per cent down at Rs 2479.35; Dr Reddy Laboratories 1.19 per cent down at Rs 4633.40 and Sun Pharma 1.10 per cent down at Rs 828.80.
Only 11 of the 30 scrips that are part of the Sensex were trading in the positive. Power Grid Corporation surged 3.47 per cent to Rs 211.75. UltraTech Cement 1.23 per cent higher at Rs 7518.65; Tata Steel 1.16 per cent higher at Rs 1222.80; Maruti Suzuki 1.09 per cent higher at Rs 8095.70 and Bharti Airtel 0.76 per cent higher at Rs 709.40 were among the major Sensex gainers. (ANI)Get a daily dose of Argentina Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Argentina Star.
More InformationWASHINGTON, D.C.: The Trump administration has made public a visa decision that would usually be kept private. It did this to send...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...