ANI
19 Jan 2022, 22:03 GMT+10
Mumbai [India], January 19 (ANI): The Indian equities markets' key indices tumbled for the second consecutive day on Wednesday due to weak global cues. The benchmark Sensex slumped 656 points after losing 554 points in the previous day. Nifty plunged 174 points.
There was heavy selling pressure in IT and FMCG stocks. Infosys tumbled nearly three per cent. Wipro fell two per cent. Hindustan Unilever and Nestle India both lost 2.41 per cent each.
The 30 stock SP BSE Sensex of the Bombay Stock Exchange closed at 60,098.82 points, which is 656.04 points or 1.08 per cent lower from its previous day's close at 60,754.86 points.
Earlier, the Sensex opened in the positive at 60,845.59 points and touched a high of 60,870.17 points. However, the index came under heavy selling pressure in the afternoon session. The Sensex dipped to a low of 59,949.22 points in the intra-day.
The index has declined sharply for the second straight day. The Sensex lost 554.05 points or 0.90 per cent on Tuesday.
The broader Nifty 50 of the National Stock Exchange slumped 0.96 per cent or 174.65 points to 17,938.40 points as compared with its previous day's close at 18,113.05 points.
The Nifty touched a high of 18,129.20 points and low of 17,884.90 points in the intra-day. The Nifty had lost 1.07 per cent or 195.05 points on Tuesday.
IT stocks witnessed heavy selling pressure. Infosys slumped 2.77 per cent to Rs 1867.70. Wipro tumbled 1.91 per cent to Rs 621.30. TCS fell 1.87 per cent to Rs 3915.80.
Asian Paints tumbled 2.71 per cent to Rs 3281.10. Hindustan Unilever 2.41 per cent down at Rs 2312; Nestle India 2.41 per cent down at Rs 18903.30; Bajaj Finance 2.28 per cent down at Rs 7570.30; Kotak Bank 1.88 per cent down at Rs 1905.95 and ICICI Bank 1.82 per cent down at Rs 808.35 were among the major Sensex losers.
State Bank of India surged 1.83 per cent to Rs 515.90. Tata Steel 1.19 per cent higher at Rs 1208.75; Maruti Suzuki 1.17 per cent higher at Rs 8008.50; Axis Bank 0.55 per cent higher at Rs 729.60 and Tech Mahindra 0.51 per cent higher at Rs 1669.10 were among the major Sensex gainers. (ANI)
Get a daily dose of The US News 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 The US News.
More InformationEAST JAVA, Indonesia: A tourist bus crashed into a billboard on a highway on Indonesia's main island of Java this ...
BELGRADE, Serbia: Belgrade was paralyzed this week by a series of bomb threats, including against schools, bridges, restaurants and a ...
WASHINGTON D.C.: In a tweet this week, Amazon founder Jeff Bezos criticized President Joe Biden for the second time in ...
TEHRAN, Iran: According to social media posts, protests that began last week across Iran over a reduction in state subsidies ...
BEIJING, China: China's Foreign Ministry rebuked the U.S. for changing the wording about Taiwan on the State Department website, stressing ...
VATICAN CITY: While recovering from knee problems that have forced him to use a wheelchair last week, Pope Francis announced ...
NEW YORK, New York - Soaring prices have taken their toll on U.S. retailer Target which reported first-quarter profit had ...
MADRID, Spain: In a coordinated move last week, Spain and Portugal approved a temporary cap on natural gas prices.The move ...
DUBAI, United Arab Emirates: Emirates Air, one of the world's largest airlines, said it lost $1.1 billion over the past ...
NEW YORK, New York - Bargain-hunters drove up the prices of stocks on U.S. markets on Tuesday."Our inputs today support ...
NEW DELHI, India: India has banned the exporting of wheat, despite stating it was targeting record international shipments this year, ...
NEW DELHI, India: Tesla made known this week that it will not sell electric automobiles in India due to the ...