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Market Roundup: Sensex ends 84 pts higher after choppy day; check the top gainers and losers here – Business News , Firstpost


Domestic equities, regardless of buying and selling positively for many of the session, gave up a big portion of features in the direction of the finish of the day as issues of rising COVID-19 instances continued to weigh on investor sentiment

Representational picture. PTI

Market indices closed flat on Thursday, 8 April amid a extremely unstable session. It was dragged primarily by the shares of the banks. BSE Sensex had breached the 50,000 mark earlier in the day however misplaced the momentum later. This was the third consecutive session when the market has given a constructive ending.

BSE

The BSE Sensex gained 84.45 factors or 0.17 p.c to shut at 49,746.21. ExtremelyTech Cement, Titan, Tech Mahindra, Nestle India and TCS had been the top gainers. While the laggards for the day included IndusInd Bank, ONGC, Bajaj Auto, Sun Pharma and HDFC Bank.

Top BSE Sensex gainers:

ExtremelyTech Cement gained 4.24 p.c to settle the day at Rs 7,042.95.

Titan hiked by 3.95 p.c to settle at Rs 1,573.75.

Tech Mahindra closed at Rs 1,028.30 after gaining 2.52 p.c.

Nestle India ended at Rs 17,709.00 with a leap of 1.66 p.c.

TCS witnessed a surge of 1.40 p.c to shut at Rs 3,316.50.

Top BSE Sensex Losers:

IndusInd Bank witnessed a 1.07 p.c fall in its share costs to settle the day at Rs 935.35.

ONGC shares plunged 1.05 p.c to finish at Rs 103.55.

Sun Pharma fell 1.05 p.c to offer a decrease ending at Rs 614.30.

Bajaj Auto shares declined 1.01 p.c to shut at Rs 3,649.25.

HDFC Bank closed at Rs 1,433.55 after observing a fall of 0.95 p.c.

National Stock Exchange (NSE)

The NSE Nifty closed higher at 14,873.80, up 54.75 factors or 0.37 p.c. Talking about the sectors, Nifty Auto and Nifty FMCG closed beneath 1 p.c whereas Nifty IT surged 1.18 p.c. However, Nifty Pharma gave a detrimental ending by falling 0.037 p.c.

Top gainers on NSE Nifty:

JSW Steel gained 9.59 p.c to settle at Rs 616.20.

Tata Steel jumped 5.39 p.c to shut at Rs 922.00.

Shree Cement surged 4.79 p.c to finish at Rs 31,680.00.

ExtremelyTech Cement witnessed a hike of 4.14 p.c to shut at Rs 7,040.00.

Hindalco gained 4.07 p.c to shut the day at Rs 366.55.

Top losers on NSE Nifty:

Sun Pharma declined by 1.14 p.c to settle decrease at Rs 614.00.

IndusInd Bank fell 1.12 p.c to shut at Rs 935.00.

SBI Life dragged by 1.01 p.c to finish at Rs 909.20.

ONGC shares closed at Rs 103.60 witnessing a decline of 1.00 p.c.

Bajaj Finance fell 0.98 p.c to settle at Rs 5,027.30.

Domestic equities, regardless of buying and selling positively for many of the session, gave up a big portion of features in the direction of the finish of the day as issues of rising COVID-19 instances continued to weigh on investor sentiment, mentioned Binod Modi, Head-Strategy at Reliance Securities.

Financials witnessed revenue-reserving and dragged the market. Barring financials, most of key sectoral indices traded in the inexperienced with metallic index remaining an outperformer.

“Expectations of steady 4QFY21 earnings and weakening INR continued to attract investors’ interest towards IT stocks,” he famous.

While softening of bond yields and crude costs in latest interval provided some consolation to markets, a pointy depreciation in rupee in the final couple of buying and selling days might be a brand new fear for traders, which might additionally have an effect on FPI flows, he added.

Elsewhere in Asia, bourses in Shanghai, Hong Kong and Seoul ended on a constructive observe, whereas Tokyo was in the purple.

Stock exchanges in Europe had been largely buying and selling with features in mid-session offers. Meanwhile, the international oil benchmark Brent crude was buying and selling 0.44 per cent decrease at USD 62.88 per barrel.



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