The S-P BSE Sensex crossed historical milestone of 50,000 in Thursday's session as benchmark indices scaled fresh lifetime highs but closed 0.4 per cent lower as traders booked profit in the last hour of trading.
At the closing bell, however, the S-P BSE Sensex was down by 167 points or 0.34 per cent at 49,625 while the Nifty 50 tumbled by 54 points or 0.37 per cent to 14,590.
Except for Nifty auto, all sectoral indices at the National Stock Exchange closed in the negative zone with Nifty PSU bank losing by 3.1 per cent, realty by 2.5 per cent and metal by 2 per cent.
As the trading session commenced on April 19th, both the Sensex and the Nifty continued their downward trend for the fifth consecutive day, fueled by reports of Israel's recent missile launch on Iran. This event triggered a surge in oil and gold prices, heightening concerns about the global economy. Concurrently, the commencement of Lok Sabha elections added to the domestic landscape. The Indian rupee also opened at a historic low of 83.55 per Dollar.
#Market, #Sensex, #Nifty, #IranIsraelConflict, #StockMarket
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Market pressure persisted for the third consecutive session as key indices, including Sensex, Nifty, and Nifty Bank, witnessed notable declines. The midcap index closed in the red despite performing relatively better. Geopolitical tensions between Iran and Israel contributed to the market downturn. US stock futures dipped after major benchmarks suffered losses, while European and Asia-Pacific markets also experienced significant drops.
#Business #Businessnews #StockExchange #IranIsrael #Businessimpact #Sensex #Nifty #Gold #Businessupdates #Economy #Indianews #Oneindia #OneindiaNews
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Equity benchmark indices dipped during early hours on Wednesday with metal and auto stocks witnessing profit booking by traders. At 10:15 am, the BSE SandP Sensex was down by 297 points or 0.61 per..
Equity benchmark indices shed 1 per cent in a volatile trading session on Monday with Reliance Industries losing by 5 per cent after the announcement of Q3 earnings. The BSE S-P Sensex closed 531..
Equity benchmark indices closed one per cent lower on Monday as traders booked profits during second half of the session across all sectors. The BSE SandP Sensex was down by 470 points or 0.96 per cent..
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