Closing bell: Sensex cracks by 627 points amid selloff across sectors
Video Credit: ANI - Duration: 01:13s - Published
Closing bell: Sensex cracks by 627 points amid selloff across sectors
Equity benchmark indices plunged by over 1 per cent on Wednesday amid profit booking by traders across counters on the last trading day of FY21.The BSE SandP Sensex closed 627 points or 1.25 per cent lower at 49,509 while the Nifty 50 edged lower by 154 points or 1.04 per cent to 14,691.Sectoral indices at the National Stock Exchange were mixed with Nifty financial service lower by 1.9 per cent, private bank by 1.8 per cent and IT by 0.9 per cent.
But Nifty PSU bank rose by 1.5 per cent and FMCG by 1 per cent.
Among stocks, home loan lender HDFC closed 3.9 per cent lower at Rs 2,504.05 while HDFC Bank lost by 3.8 per cent to Rs 1,494.40 per share.
RBI's action against Paytm and Kotak Mahindra Bank for non-compliance raised concerns. Kotak Mahindra's failure to meet data storage requirements led to RBI directives. Similar actions were taken against HDFC Bank in 2020. The events underscore the need for stronger regulatory mechanisms.
#kotakmahindrabankopenaccountzerobalance #kotakmahindrabank #kotakmahindrabanknews #kotakmahindrabankcreditcard #kotakmahindrabankcreditcardapply #kotakmahindrabankpersonalloan #RBI #RBInews #Moneynews #Oneinda #Oneindia news
~HT.178~PR.152~ED.194~GR.125~CA.145~
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~
Equity benchmark indices were on upswing through the trading session on March 30 and closed nearly 2.5 per cent higher with IT, metals, pharma and FMCG stocks witnessing substantial gains. The BSE S-P..
Equity benchmark indices swung higher during early hours on Tuesday amid mixed global cues with metal and pharma stocks witnessing substantial gains. At 10:15 am, the BSE SandP Sensex was up by 727..
Equity benchmark indices closed over 1 per cent higher on Friday on the back of favourable global cues amid progress in distribution of Covid-19 vaccines. At the closing bell, the BSE S-P Sensex was up..
![Kotak Mahindra Bank Faces RBI Ban on Online Customer Acquisition, Credit Cards| Oneindia News [Video]](https://video.newsserve.net/300/v/20240425/1373716752-Kotak-Mahindra-Bank-Faces-RBI-Ban-on-Online.jpg)
![Biz Pulse: Market Falls For The Third Consecutive Day, But Holds Up Against Global Peers| Oneindia [Video]](https://video.newsserve.net/300/v/20240416/1372814036-Biz-Pulse-Market-Falls-For-The-Third-Consecutive.jpg)
![Closing bell: Sensex zooms 1,128 points, IT and metals join bull bandwagon [Video]](https://video.newsserve.net/300/v/20210330/2103301540-Closing-bell-Sensex-zooms-128-points-IT.jpg)
![Opening bell: Equity indices swing higher, metal and pharma stocks gain [Video]](https://video.newsserve.net/300/v/20210330/2103300937-Opening-bell-Equity-indices-swing-higher-metal-and.jpg)
![Sensex jumps 568 points, Tata shares rally after SC verdict [Video]](https://video.newsserve.net/300/v/20210326/2103261608-Sensex-jumps-568-points-Tata-shares-rally-after.jpg)
