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Market rounddup: Sensex falls below 51,000, Nifty ends at 15,080; metallic, financial stocks drag down indices – Business News , Firstpost



The BSE Sensex closed at 50,846.08, falling by 598.57 factors or 1.16 %. Similarly, the NSE Nifty ended decrease at 15,080.75, down by 164.85 factors or 1.08 %

The benchmark indices ended 1 % decrease, breaking the three-day gaining streak on Thursday, 4 March.

The BSE Sensex fell below the 51,000 mark on the again of promoting seen in financial and metallic stocks.

The BSE Sensex closed at 50,846.08, falling by 598.57 factors or 1.16 %. Similarly, the NSE Nifty ended decrease at 15,080.75, down by 164.85 factors or 1.08 %.

In phrases of sectors, the Nifty Auto index fell over 0.44 % or 47.35 factors to shut at 10,625.75. Following the identical development, the Nifty IT index fell by 0.55 % or 140.80 factors to shut at 25,631.85.

Nifty FMCG, too, misplaced 0.032 % or 10.60 factors to finish at 33,443.80 and Nifty Pharma declined 0.22 % to shut at 12,351.75.

The high 5 gainers at BSE have been UltraTech Cement, Dr Reddy, Asian Paint, Hindustan Unilever and Maruti, whereas the highest losers have been Kotak Bank, ITC, Titan, TCS and Nestle India.

The high 5 Nifty losers included JSW Steel, Hindalco Industries, HDFC, Tata Steel and Tata Motors, whereas gainers have been UltraTech Cement, Shree Cements, Adani Ports, Grasim Industries and Dr Reddy’s Labs.

Here are 10 stocks that moved probably the most on 4 March:

UltraTech Cement: The inventory closed at Rs 6,763, up 4.07 %.

Dr Reddy’s Labs: The inventory rose by 1.63 % to shut at Rs 4,574.30.

Mahindra Logistics: The inventory rallied 13 % to the touch 52-week excessive of Rs 543 after a information that it had gained a contract from Bajaj Electrical for Rs 1,000 crore over 5 years.

Adani Ports and Special Economic Zones: The firm introduced the acquisition of 31.5 % stake in Gangavaram port, which led to rally of two.97 % or 21.70 factors in its shares to shut at Rs 751.55.

HDFC Bank: The inventory ended at Rs 1,553.20 witnessing a fall of over 2.10 %.

Axis Bank: The share worth fell 2.24 % and ended at Rs 736.75.

State Bank of India: The inventory was down by 2.28 % and ended at Rs 395.80.

Reliance: The inventory ended at Rs 2,175.70, falling over 1.17 %.

ICICI Bank: The share fell 1.73 % and closed at Rs 620.90.

Bharti Airtel: The inventory declined 1.24 % to finish at Rs 539.45.

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