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Opening Bell: Banking, pharma stocks pull down equity indices

Video Credit: ANI - Duration: 01:10s - Published
Opening Bell: Banking, pharma stocks pull down equity indices

Opening Bell: Banking, pharma stocks pull down equity indices

Equity benchmark indices cracked during early hours on January 28 amid weak global cues and as caution set in ahead of the Union Budget.

At 10:15 am, the BSE S-P Sensex was down by 339 points or 0.71 per cent at 47,071 while the Nifty 50 lowered by 98 points or 0.7 per cent to 13,870.

All sectoral indices at the National Stock Exchange were in the negative zone with Nifty PSU bank dipping by 2.4 per cent, private bank by 0.8 per cent, FMCG by 1.3 per cent, pharma and IT by 1.2 per cent each, and auto by 0.8 per cent.


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Biz Pulse: Market Falls For The Third Consecutive Day, But Holds Up Against Global Peers| Oneindia [Video]

Biz Pulse: Market Falls For The Third Consecutive Day, But Holds Up Against Global Peers| Oneindia

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 ~HT.178~PR.152~ED.103~GR.124~

Credit: Oneindia    Duration: 03:01Published

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