ANI
04 Aug 2022, 15:07 GMT+10
Mumbai (Maharashtra) [India], August 4 (ANI): After six consecutive days of rally, the Indian equities markets key indices witnessed volatile trading on Thursday with benchmark Sensex trading 421 points down in the afternoon session dragged by heavyweight Reliance Industries.
The 30 stock SP BSE Sensex was trading at 57,928.84 points at 2.11 pm, which is 421.69 points or 0.72 per cent down from its previous day's close at 58,350.53 points.
The markets witnessed a volatile session. The Sensex started the day in the positive at 58,571.28 points and rose to a high of 58,712.66 points in the morning session. The Sensex slipped into negative in the late morning session. It fell to a low of 57,577.05 points in the intra-day.
The Sensex is trading in the negative after six consecutive sessions of gains. The index had gained 214.17 points or 0.37 per cent on Wednesday.
The broader Nifty 50 of the National Stock Exchange was trading 96.05 points or 0.55 per cent down at 17,292.10 points against its previous day's close at 17,388.15 points.
The Nifty witnessed volatility after six consecutive sessions of gains. The Nifty had gained 42.70 points or 0.25 per cent on Wednesday.
The index heavyweight Reliance Industries Limited was trading 1.99 per cent down at Rs 2553.95. NTPC slumped 3.82 per cent to Rs 153.65.
State Bank of India was trading 1.80 per cent down at Rs 531.05.
Power Grid Corporation, Axis Bank, Tech Mahindra, Kotak Bank, ICICI Bank, IndusInd Bank and HCL Technologies were among the major Sensex losers.
Only nine of the 30 scrips that are part of the benchmark Sensex were trading in the positive. Sun Pharma jumped 2.29 per cent to Rs 917.45. Nestle India rose 1.96 per cent to Rs 19750.
Other major Sensex gainers were Infosys, Dr Reddy's Laboratories, Tata Steel, ITC, MahindraMahindra and Wipro. (ANI)Get a daily dose of Business Sun 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 Business Sun.
More InformationNEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...
Vancouver, Canada: A high-stakes legal showdown is brewing in the world of athleisure. Lululemon, the Canadian brand known for its...
LONDON, U.K.: British oil giant Shell has denied reports that it is in talks to acquire rival oil company BP. The Wall Street Journal...
NEW YORK, New York - U.S. stock markets closed firmly in positive territory to start the week Monday, with the S&P 500 and Dow Jones...
WASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
WASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
SAN FRANCISCO, California: Under pressure from European regulators, Apple has revamped its App Store policies in the EU, introducing...
SAN FRANCISCO, California: A U.S. judge has dismissed a copyright lawsuit filed by 13 authors against Meta Platforms, the company that...
Meta launches AI division to pursue technology beyond human-level capabilities Meta...