Among the sectoral indices, the Nifty IT, Nifty FMCG and Nifty Auto closed within the crimson whereas the Nifty Pharma ended within the inexperienced
Both the market indices plunged practically 2 % to shut within the detrimental on Wednesday (24 March) with the BSE Sensex ending below the 50,000-mark and the broader Nifty 50 closed below 14,600. The market was dragged by the banking and auto shares and weak point in world markets.
Bombay Stock Exchange
The 30-share BSE Sensex fell 871.13 factors or 1.74 % to shut at 49,180.31. There have been solely two gainers on the BSE on Wednesday, particularly Asian Paints and Power Grid. While Mahindra and Mahindra, State Bank of India, ICICI Bank, IndusInd Bank and Axis Bank have been among the many worst performers.
Top BSE Sensex gainers:
Asian Paints: The shares of the corporate gained 1.44 % to shut at Rs 2,444.20.
Power Grid: The share of the financial institution witnessed a hike of 0.87 % to finish at Rs 221.05.
Top BSE Sensex Losers:
Mahindra and Mahindra: Shares of the corporate fell 3.97 % to provide a decrease ending at Rs 811.15.
State Bank of India: 3.38 % fall was witnessed within the share costs of the financial institution to finish at Rs 359.90.
Axis Bank: Shares of the financial institution plunged 3.33 % to finish at Rs 706.45.
ICICI Bank: The shares of the financial institution closed at Rs 567.45 witnessing a decline of three.22 %.
IndusInd Bank: 3.07 % decline was famous within the share costs which closed at Rs 567.45.
National Stock Exchange (NSE)
The NSE Nifty closed the day decrease at 14,549.40, down 265.35 factors or 1.79 %.
Among the sectoral indices, Nifty IT, Nifty FMCG and Nifty Auto gave a detrimental ending whereas Nifty Pharma ended within the inexperienced.
The Nifty IT index fell 302.75 factors or 1.16 % to shut at 25,802.95 adopted by Nifty FMCG which closed at 33,987.10 down by 486.65 factors or 1.41 % and Nifty Auto which declined by 262.40 factors or 2.58 % to settle the day at 9,925.25. On the opposite, Nifty Pharma surged 0.076 % or 9.10 factors to finish at 11,916.30
Top gainers on NSE Nifty:
Cipla: The share worth of the corporate surged 1.82 % to shut at Rs 790.25.
Asian Paints: It witnessed a hike of 1.36 % to shut at Rs 2,443.00.
Power Grid: 0.94 % acquire was witnessed by the corporate to shut the day at Rs 221.05.
Top losers on NSE Nifty:
Tata Steel: The shares of the corporate declined by 4.68 % to settle decrease at Rs 706.50.
Tata Motors: The share fell 4.15 % and closed at Rs 294.65.
Adani Ports: The shares of the corporate dragged by 4.03 % to finish at Rs 708.75.
Hindalco: The shares of the corporate closed at Rs 319.20 witnessing a decline of three.77 %.
Mahindra and Mahindra: The shares of the corporate misplaced 3.75 % to settle the day at Rs 812.95.
Subscribe to Moneycontrol Pro at ₹499 for the primary yr. Use code PRO499. Limited interval supply. *T&C apply