NewsProTeam | Feb 26, 2021 | 0
Sensex Sheds 379 Pts; Nifty Ends Beneath 15,200
Fairness benchmark Sensex tumbled 379 factors on Thursday, monitoring losses in index heavyweights HDFC twins, ICICI Financial institution and Reliance Industries amid a weak pattern in international markets.
The 30-share BSE index ended 379.14 factors or 0.73 per cent decrease at 51,324.69. Equally, the broader NSE Nifty dropped 89.95 factors or 0.59 per cent to fifteen,118.95.
Bajaj Finance was the highest laggard within the Sensex pack, skidding over 2 per cent, adopted by Kotak Financial institution, Nestle India, HDFC, M&M, and ICICI Financial institution.
ONGC was the highest gainer, rallying round 8 per cent. NTPC, Asian Paints, Tech Mahindra, PowerGrid, and IndusInd Financial institution have been among the many different winners.
In response to analysts, profit-booking in personal banks, auto, and FMCG dragged the benchmarks.
Indian markets couldn’t maintain early positive aspects and began buying and selling in adverse zone within the afternoon session as promoting strain was witnessed following weak international cues primarily from western markets as traders awaited key financial knowledge, mentioned Narendra Solanki, Head- Fairness Analysis (Basic), Anand Rathi.
Elsewhere in Asia, Shanghai ended on a constructive observe, whereas bourses in Hong Kong, Tokyo, and Seoul have been within the purple.
Inventory exchanges in Europe have been largely buying and selling within the adverse terrain in mid-session offers.
In the meantime, the worldwide oil benchmark Brent crude was buying and selling 0.48 per cent larger at USD 64.65 per barrel.
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