Latest news with #BSESensex
United News of India
13 hours ago
- Business
- United News of India
Sensex down by 270.07 pts during week
Mumbai, May 31 (UNI) The equity market remained negative for another week, as BSE Sensex slid 270.07 pts or 0.33 per cent to settle at 81,451.01 during the week ended on Friday, driven by profit booking, global uncertainties, and cautious investor sentiment ahead of key economic data. The Nifty slipped 102.45 points or 0.41 perc ent to settle at 24,750.70 Of five sessions of the week, two were in green while three were in red. For two sessions of the week, the market was in the green, boosted by the Reserve Bank of India's record Rs 2.68 lakh crore dividend payout, easing fiscal concerns and lifting investor confidence. However, remaining three sessions saw declines, as rising US treasury yields, global trade tensions, and elevated valuations triggered profit booking and risk aversion. Despite the weakness in frontline indices, the broader market out performed, with the BSE Mid-Cap gained 0.61 per cent to close at 45,136.35. BSE Small-Cap index rallied 1.73 per cent to end at 52,413.25. On Monday, Sensex rose 455.37 points or 0.56 per cent to 82,176.45. Nifty also advanced 148 points or 0.60 per cent to 25,001.15. On Tuesday, Sensex tanked 624.82 points or 0.76 per cent to 81,551.63. Nifty slipped 174.95 points or 0.70 per cent to 24,826.20. On Wednesday BSE Sensex slipped 239.31 points or 0.29 per cent to 81,312.32. Nifty too fell 73.75 points or 0.30 per cent to 24,752.45. On Thursday, halting a two-day losing run. BSE Sensex advanced by 320.70 points or 0.39 per cent to 81,633.02. Nifty rose 81.15 points or 0.33 per cent to 24,833.60. On Friday BSE Sensex tumbled down 182.01 points or 0.22 percent to 81,451.01. Nifty shed 82.90 points or 0.33 percent to 24,750.70. Stock that fell are Bajaj Auto by 1.47 per cent, JSW Steel by 1.46 per cent , NTPC by 2.97 per cent. Jio Financial Services gained 1.73 per cent. The company announced that JioBlackRock Asset Management, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, on May 27 said it has received regulatory approval from the Securities and Exchange Board of India (SEBI) to commence operations as an investment manager for their mutual fund business in India. Indusind Bank rose 2.99 per cent and Tata Motors 0.18 percent Insecticides (India) surged 11 per cent The company's consolidated net profit soared 85% to Rs 13.89 crore, while revenue from operations rose 32% to Rs 358.92 crore in Q4 March 2025 over Q4 March 2024. UNI JS-NV PRS
Business Upturn
14 hours ago
- Business
- Business Upturn
Nifty 50 top gainers this week (May 31): Trent, IndusInd Bank, SBI, Adani Ports, Larsen & Toubro and more
By Aman Shukla Published on May 31, 2025, 09:38 IST The Indian stock market ended the week on a mixed note, with the benchmark indices declining for the second consecutive week, despite select Nifty 50 stocks recording notable gains. On Friday, May 30, 2025, the markets closed in the red due to broad-based selling pressure. The BSE Sensex dropped by 182.01 points (0.22%), ending the session at 81,451.01, while the Nifty 50 declined by 82.90 points (0.33%) to settle at 24,750.70. Several Nifty 50 stocks posted impressive weekly gains, with Trent, IndusInd Bank and SBI leading the charge. Let's take a look at the top gainers of Nifty 50 this week, as per Trendlyne data. Nifty 50 Top Gainers This Week Trent closed at ₹5,643.5, gaining 3.8% over the week. IndusInd Bank ended the week at ₹817.0, up 3.0%. State Bank of India recorded a 2.8% weekly gain, closing at ₹812.3. Adani Ports & Special Economic Zone rose 2.7% during the week, ending at ₹1,432.8. Larsen & Toubro finished at ₹3,675.1, up 2.1% for the week. Jio Financial Services posted a weekly increase of 1.7%, closing at ₹286.7. Dr. Reddy's Laboratories gained 1.7% over the week, closing at ₹1,251.2. Bharti Airtel advanced 1.3% this week, ending at ₹1,856.2. Wipro closed at ₹249.7, with a weekly gain of 0.9%. SBI Life Insurance Company finished the week at ₹1,812.2, up 0.8%. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
14 hours ago
- Business
- Business Upturn
Nifty 50 top losers this week (May 31): UltraTech Cement, Grasim Industries, ITC, Shriram Finance and more
The Indian stock market closed the week on a mixed note, marking the second consecutive weekly decline for benchmark indices. On Friday, May 30, 2025, Indian equity benchmarks ended in the red due to broad-based selling. The BSE Sensex dropped by 182.01 points (0.22%), closing at 81,451.01, while the Nifty 50 slipped 82.90 points (0.33%) to settle at 24,750.70. Several major stocks underperformed this week, with UltraTech Cement, Grasim Industries and ITC leading the losses. Let's take a closer look at the top 10 losers of the Nifty 50 this week, according to Trendlyne. Nifty 50 Top Losers This Week UltraTech Cement saw the biggest weekly drop, closing at ₹11,210.00 with a -4.6% decline. Grasim Industries fell -4.3% , ending the week at ₹2,545.80. ITC declined by -4.2% , closing at ₹418.10. Shriram Finance closed at ₹639.40, registering a -3.1% fall. NTPC also dropped -3.1% , finishing at ₹333.90. Tata Consumer Products ended the week at ₹1,106.30, down -3.0% . Power Grid Corporation declined by -2.8% , closing at ₹289.80. Apollo Hospitals Enterprises dropped -2.6% , with a closing price of ₹6,880.50. Hindalco Industries also registered a -2.6% fall, ending at ₹633.50. Asian Paints closed at ₹2,259.10, down -2.4% for the week. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Hans India
17 hours ago
- Business
- Hans India
Markets end lower on IT drag, weak Asian cues
Mumbai:Stock markets closed lower in a range-bound trade on Friday following losses in IT shares and sluggish trends in Asian markets due to trade uncertainty after a US appeals court temporarily reinstated reciprocal tariffs. The 30-share BSE Sensex declined by 182.01 points or 0.22 per cent to settle at 81,451.01 as 24 of its constituents retreated and six advanced. During the day, it dropped 346.57 points or 0.42 per cent to 81,286.45. The NSE Nifty dipped 82.90 points or 0.33 per cent to 24,750.70. Metals, IT, and auto sector shares declined while banking shares gained. Investors were cautious ahead of the release of domestic GDP data post-market hours, analysts said. Among Sensex firms, Tech Mahindra fell the most by 1.73 per cent. HCL Tech, Asian Paints, NTPC, Infosys, Nestle, Sun Pharma, and Tata Steel also closed lower. Eternal, State Bank of India, HDFC Bank, Larsen & Toubro, Reliance Industries and Bajaj Finserv were the gainers. 'A range-bound movement continued in the market, with the temporary reinstatement of US tariffs by the appeal court influencing investors to stay on the sideline. The global market may contend with macroeconomic concerns as the global trade landscape has yet to see stability, which may navigate a short-term consolidation. 'Meanwhile, FII inflows continued due to the volatility in the US 10-year yield and an expectation of solid domestic Q4 GDP data later today and a rate cut by RBI,' Vinod Nair, Head of Research, Geojit Investments Limited, said. 'Markets languished in negative territory to end lower amid weak Asian cues as investors cut their position in IT, metal, oil & gas and auto shares,' Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said. The BSE midcap gauge declined 0.39 per cent while smallcap index went up by 0.17 per cent. Among sectoral indices, metal dropped the most by 1.68 per cent, followed by BSE Focused IT (1.14 per cent), commodities (1.14 per cent), utilities (1.09 per cent), teck (0.99 per cent), auto (0.91 per cent) and telecommunication (0.79 per cent). Financial Services, bankex and capital goods were the gainers. On the weekly front, the BSE benchmark declined 270.07 points or 0.33 per cent and the Nifty dipped 102.45 points or 0.41 per cent. Foreign Institutional Investors (FIIs) bought equities worth Rs 884.03 crore on Thursday, while Domestic Institutional Investors (DIIs) bought equities worth Rs 4,286.50 crore, according to exchange data. The BSE Sensex climbed 320.70 points or 0.39 per cent to settle at 81,633.02 on Thursday. The 50-share Nifty went up by 81.15 points or 0.33 per cent to 24,833.60.
Economic Times
a day ago
- Business
- Economic Times
ET Market Watch: Sensex Falls 182 pts, Nifty Below 24,800
Indian benchmark indices closed in the red on Friday, dragged down by renewed concerns over U.S. tariffs that pressured IT and auto stocks, overshadowing the broader market optimism ahead of the release of domestic GDP data later in the day. Transcript Indian benchmark indices closed in the red on Friday, dragged down by renewed concerns over U.S. tariffs that pressured IT and auto stocks, overshadowing the broader market optimism ahead of the release of domestic GDP data later in the BSE Sensex declined 182 points to close at 81,451, while the NSE Nifty slipped 82.90 points to settle at 24, dragsTech Mahindra, HCL Tech, Infosys, Bajaj AutoTop gainersReliance Power, Suzlon & BSEExpert View:Market remained in consolidation modeRSI showed bearish signalsNifty faced resistance at 24,800, support at 24,700Global cues:MSCI World Index posted a 5% monthly gainDollar strengthened with rising U.S. yieldsNikkei and Hang Seng slipped on profit bookingCrude Update:Brent held at $64.38 but logged second weekly lossRupee Movement:Ended at 85.57/$ — lost nearly 1% in May, ending a 2-month rallyDespite Friday's dip, Nifty gained 1.7% in May | Sensex rose 1.5%Both up ~12% since March!
