Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Weak global cues drag Indian equity markets

by | May 25, 2021

sensex, NSE, BSEMumbai, (IANS) : Weak global cues dragged the Indian equity markets on Wednesday.

Both the key indices provisionally closed the day’s trade with losses of more than one per cent each, as heavy selling pressure was witnessed in healthcare, oil and gas, and automobile stocks.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) edged down by 108.15 points or 1.25 per cent to 8,518.10 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 27,679.32 points, provisionally closed at 27,527.22 points (at 3.30 p.m.) — down 349.39 points or 1.25 per cent, from its previous close at 27,876.61 points.

The Sensex touched a high of 27,679.32 points and a low of 27,500.81 points during the intra-day trade.

The BSE market breadth was skewed in favour of the bears — with 1,958 declines and 977 advances.

On Tuesday, the benchmark indices had closed on a flat note on the back of weak global markets, profit booking and an outflow of foreign funds.

The barometer index had declined by 53.60 points or 0.19 per cent, while the NSE Nifty inched up by 0.55 points or 0.01 per cent.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Recent Posts

IIM Raipur’s New MBA Batch Begins Its Leadership Journey

IIM Raipur’s New MBA Batch Begins Its Leadership Journey

Raipur, (Press Release)Indian Institute of Management (IIM) Raipur, a leading institution recognized for #BuildingBusinessOwners, hosted the Inauguration and Orientation Program for the MBA Batch 2025–27, marking the beginning of a transformative academic journey...

Hyderabad: A Thriving Hub of Opportunities, Business, and Innovation

Hyderabad: A Thriving Hub of Opportunities, Business, and Innovation

Maeeshat News Network | Hyderabad Hyderabad, the capital city of Telangana, India, has emerged as a dynamic powerhouse of opportunities, business, and innovation over the past few decades. Known historically for its rich cultural heritage, architectural marvels like...

Kolu Tola: Kolkata’s Vibrant Hub of Opportunity and Growth

Kolu Tola: Kolkata’s Vibrant Hub of Opportunity and Growth

Maeeshat News Network | Kolkata Kolkata, the cultural capital of India, is a city of diverse neighborhoods, each with its unique character and economic significance. Among these, Kolu Tola (also known as Colootola or Kolutola), a historic Muslim-majority area in...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *