Barring financials and metals, all key sectoral indices led to pink. Further, futures and choices (F&O) expiry issue additionally contributed to volatility
Both the market indices plunged over 1.5 % to present a adverse ending for the second consecutive day on Thursday, 25 March, with the BSE Sensex ending below the 48,500 mark.
The BSE Sensex plunged 740.19 factors or 1.51 % to shut at 48,440.12. There have been solely 4 gainers on the BSE together with Dr Reddy, ICICI Bank, Larsen & Toubro (LT) and HDFC. While the worst performers are Maruti Suzuki, Bharti Airtel, Hindustan Unilever, Bajaj Auto and NTPC.
Top BSE Sensex gainers:
Dr Reddy: The shares of the corporate gained 0.74 % to shut at Rs 4,383.30.
ICICI Bank: Share of the financial institution witnessed a hike of 0.70 % to finish at Rs 571.40.
HDFC: The firm shares ended at Rs 2,472.45 with a hike of 0.25 %.
Larsen & Toubro (LT): 0.21 % rise was observed within the share value of the corporate which closed at Rs 1,371.45.
Top BSE Sensex Losers:
Maruti Suzuki: The shares fell 3.98 % to present a decrease ending at Rs 6,786.15.
Bharti Airtel: 2.98 % fall was witnessed within the share costs of the telecom main to finish at Rs 508.00.
Hindustan Unilever: The firm shares plunged 2.92 % to finish at Rs 2,250.50.
Bajaj Auto: The shares closed at Rs 3,501.85 witnessing a decline of two.86 %.
NTPC: 2.83 % decline was famous within the share costs which closed at Rs 103.00.
The NSE Nifty closed the day decrease at 14,324.90, down 224.50 factors or 1.54 %. All the Nifty sectoral indices too gave a adverse closing on Thursday. Nifty FMCG closed at 33,213.15 down by 773.95 factors or 2.28 % adopted by the Nifty IT index which fell 565.85 factors or 2.19 % to shut at 25,237.10. Nifty Auto declined by 273.90 factors or 2.76 % to settle the day at 9,651.35 and Nifty Pharma which misplaced 0.83 % or 99.50 factors to finish at 11,816.80
Top gainers on NSE Nifty:
Tata Steel: The share value surged 2.87 % to shut at Rs 722.95.
Dr Reddy: It witnessed a hike of 0.78 % to shut at Rs 4,384.50.
ICICI Bank: 0.55 % acquire was witnessed by the financial institution to shut the day at Rs 570.60.
HDFC: Shares closed at Rs 2,478.00 with a acquire of 0.50 %.
Larsen & Toubro: 0.35 % bounce was witnessed within the share costs of the corporate which closed at Rs 1,374.00.
Top losers on NSE Nifty:
IOC: The shares of the corporate declined by 4.02 % to settle decrease at Rs 90.75.
Maruti Suzuki: 3.88 % fall was noticed within the share costs which closed at Rs 6,792.00.
Coal India: The shares dragged by 3.40 % to finish at Rs 127.80.
Bharti Airtel: The shares of the corporate closed at Rs 507.20 witnessing a decline of three.14 %.
Hindustan Unilever: The firm shares misplaced 3.00 % to settle the day at Rs 2,248.95.
“Domestic equities fell for the third consecutive day despite favourable cues from Asian markets as prevailing concerns with regards to sharp rise in COVID-19 instances have clearly dented buyers’ sentiments,” stated Binod Modi, Head – Strategy at Reliance Securities.
Barring financials and metals, all key sectoral indices led to pink. Further, futures and choices (F&O) expiry issue additionally contributed to volatility, he famous, including that market capitalisation of home market slipped below Rs 200 trillion first time after February 3, 2021, leading to wealth erosion of over Rs 5 trillion in final two days.
Elsewhere in Asia, bourses in Shanghai and Hong Kong have been within the pink, whereas Tokyo and Seoul ended on a constructive observe. Stock exchanges in Europe have been buying and selling with losses in mid-session offers. Meanwhile, the worldwide oil benchmark Brent crude was buying and selling 1.35 per cent decrease at $63.54 per barrel.
With inputs from PTI
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