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Sensex slips 240 points, Nifty50 sheds 74 points amid cautious investor sentiment on Wednesday
Sensex slips 240 points, Nifty50 sheds 74 points amid cautious investor sentiment on Wednesday

New Indian Express

time13 hours ago

  • Business
  • New Indian Express

Sensex slips 240 points, Nifty50 sheds 74 points amid cautious investor sentiment on Wednesday

CHENNAI: Indian equity benchmarks ended Wednesday's session in the red, following a choppy day of trade marked by profit booking and cautious investor sentiment ahead of key macroeconomic data releases later this week. The BSE Sensex slipped 239.31 points or 0.29% to close at 81,312.32, after oscillating between 81,613.36 and 81,244.02 during the day. Similarly, the NSE Nifty50 shed 73.75 points or 0.30%, ending at 24,752.45, with an intraday range of 24,864.25 to 24,737.05. Index Performance: Sensex: 81,312.32 (−0.29%) Nifty50: 24,752.45 (−0.30%) Nifty Midcap100: (−0.02%) Nifty Smallcap100: (+0.33%) Sectoral Overview: Market sentiment was weighed down by weakness across most sectoral indices. The Nifty FMCG index led the decline, plunging 1.49% amid heavy selling in heavyweight ITC, which dropped 1.17% after British American Tobacco (BAT) offloaded a 2.5% stake, relinquishing its veto rights in the company. Other laggards included Nifty Auto (−0.61%), Nifty Metal (−0.68%) Nifty Pharma (−0.35%), Nifty Consumer Durables (−0.46%), Nifty Healthcare: (−0.33%). But, defying the trend, select sectors, including Nifty Media (+1.04%), Nifty PSU Bank (+0.97%), closed higher.

Stock market update: Nifty Pharma index falls 0.61%
Stock market update: Nifty Pharma index falls 0.61%

Economic Times

time16 hours ago

  • Business
  • Economic Times

Stock market update: Nifty Pharma index falls 0.61%

NEW DELHI: The Nifty Pharma index closed on a negative note on Wednesday. ADVERTISEMENT Shares of Ipca Laboratories Ltd.(up 2.42 per cent), Laurus Labs Ltd.(up 1.45 per cent), Mankind Pharma Ltd.(up 1.19 per cent) and Zydus Lifesciences Ltd.(up 0.82 per cent) ended the day as top gainers in the pack. On the other hand, Aurobindo Pharma Ltd.(down 3.65 per cent), Natco Pharma Ltd.(down 1.87 per cent), Lupin Ltd.(down 1.46 per cent), J B Chemicals & Pharmaceuticals Ltd.(down 1.25 per cent) and Granules India Ltd.(down 1.22 per cent) finished as the top losers of the day. The Nifty Pharma index closed 0.61 per cent down at 21393.3. Benchmark NSE Nifty50 index ended down 73.75 points at 24752.45, while the BSE Sensex stood down 239.31 points at 81312.32. Among the 50 stocks in the Nifty index, 14 ended in the green, while 36 closed in the red. ADVERTISEMENT Shares of Vodafone Idea, ITC, IFCI, Belrise Industries and Suzlon Energy were among the most traded shares on the NSE. Shares of Apollo Micro Systems, Belrise Industries, GSK Pharma, Force Motors and Astra Microwave hit their fresh 52-week highs in today's trade, while Capital India Fin, Orchid Pharma, Borana Weaves, NIIT Learning System and California Soft(PP)hit their fresh 52-week lows. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)

Stock market update: Nifty Realty index falls 0.15%
Stock market update: Nifty Realty index falls 0.15%

Economic Times

time17 hours ago

  • Business
  • Economic Times

Stock market update: Nifty Realty index falls 0.15%

NEW DELHI: The Nifty Realty index closed on a negative note on Wednesday. ADVERTISEMENT Shares of Sobha Ltd.(up 2.96 per cent), Macrotech Developers Ltd.(up 1.0 per cent), Brigade Enterprises Ltd.(up 0.88 per cent) and Prestige Estates Projects Ltd.(up 0.51 per cent) ended the day as top gainers in the pack. On the other hand, Phoenix Mills Ltd.(down 1.47 per cent), Oberoi Realty Ltd.(down 1.45 per cent), Anant Raj Ltd.(down 0.84 per cent), Godrej Properties Ltd.(down 0.61 per cent) and DLF Ltd.(down 0.27 per cent) finished as the top losers of the day. The Nifty Realty index closed 0.15 per cent down at 944.9. Benchmark NSE Nifty50 index ended down 73.75 points at 24752.45, while the BSE Sensex stood down 239.31 points at 81312.32. Among the 50 stocks in the Nifty index, 14 ended in the green, while 36 closed in the red. ADVERTISEMENT Shares of Vodafone Idea, ITC, IFCI, Belrise Industries and Suzlon Energy were among the most traded shares on the NSE. Shares of Apollo Micro Systems, Belrise Industries, GSK Pharma, Force Motors and Astra Microwave hit their fresh 52-week highs in today's trade, while Capital India Fin, Orchid Pharma, Borana Weaves, NIIT Learning System and California Soft(PP)hit their fresh 52-week lows. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)

Nifty 50 top losers today, May 28: ITC, IndusInd Bank, Apollo Hospitals, UltraTech Cement, Hindalco Industries and more
Nifty 50 top losers today, May 28: ITC, IndusInd Bank, Apollo Hospitals, UltraTech Cement, Hindalco Industries and more

Business Upturn

time17 hours ago

  • Business
  • Business Upturn

Nifty 50 top losers today, May 28: ITC, IndusInd Bank, Apollo Hospitals, UltraTech Cement, Hindalco Industries and more

The Indian stock market witnessed a significant downturn on Wednesday, with benchmark indices closing in negative territory. The BSE Sensex declined by 239.31 points, or 0.29%, ending the session at 81,312.32. Similarly, the NSE Nifty 50 fell 73.75 points, or 0.30%, to close at 24,752.45. Several stocks from the Nifty 50 index ended in the red. Among the biggest losers of the day were well-known names like ITC, IndusInd Bank and Apollo Hospitals. Let's take a closer look at the top losers of the Nifty 50, according to Trendlyne. Nifty 50 top losers on May 28 ITC closed at ₹420.2, down 3.2%. IndusInd Bank ended at ₹805.2, registering a decline of 1.9%. Apollo Hospitals Enterprises settled at ₹6940.0, down 1.9%. UltraTech Cement closed at ₹11213.0, falling by 1.8%. Hindalco Industries ended the session at ₹648.6, a drop of 1.7%. Nestle India closed at ₹2421.0, down 1.6%. Tata Consumer Products finished at ₹1121.4, declining 1.5%. Mahindra & Mahindra ended at ₹2994.5, down 1.5%. Grasim Industries closed at ₹2577.6, falling 1.4%. JSW Steel settled at ₹1000.0, down 1.4%. 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. Apollo HospitalsHindalco IndustriesIndusInd bankITCNiftyUltraTech Cement 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

Indices: Stock market update: Nifty Realty index falls 0.15%
Indices: Stock market update: Nifty Realty index falls 0.15%

Time of India

time17 hours ago

  • Business
  • Time of India

Indices: Stock market update: Nifty Realty index falls 0.15%

The Nifty Realty index closed 0.15 per cent down at 944.9. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads NEW DELHI: The Nifty Realty index closed on a negative note on of Sobha Ltd.(up 2.96 per cent), Macrotech Developers Ltd.(up 1.0 per cent), Brigade Enterprises Ltd.(up 0.88 per cent) and Prestige Estates Projects Ltd.(up 0.51 per cent) ended the day as top gainers in the the other hand, Phoenix Mills Ltd.(down 1.47 per cent), Oberoi Realty Ltd.(down 1.45 per cent), Anant Raj Ltd.(down 0.84 per cent), Godrej Properties Ltd.(down 0.61 per cent) and DLF Ltd.(down 0.27 per cent) finished as the top losers of the Nifty Realty index closed 0.15 per cent down at NSE Nifty50 index ended down 73.75 points at 24752.45, while the BSE Sensex stood down 239.31 points at the 50 stocks in the Nifty index, 14 ended in the green, while 36 closed in the of Vodafone Idea, ITC, IFCI, Belrise Industries and Suzlon Energy were among the most traded shares on the of Apollo Micro Systems, Belrise Industries, GSK Pharma, Force Motors and Astra Microwave hit their fresh 52-week highs in today's trade, while Capital India Fin, Orchid Pharma, Borana Weaves, NIIT Learning System and California Soft(PP)hit their fresh 52-week lows.

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