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Sensex Ends 57 Points Lower; Nifty Below 25,200; Axis Bank Rises 2%, TechM Down 2%
Sensex Ends 57 Points Lower; Nifty Below 25,200; Axis Bank Rises 2%, TechM Down 2%
Sensex Today: Indian equities staged a late rebound on Tuesday but still ended marginally lower after a volatile session.
The BSE Sensex recovered from an intraday low of 81,777 to close at 82,102.10, down 57.87 points (0.07%). The NSE Nifty50 also bounced back from the day's low of 25,085, settling at 25,169.50, a decline of 32.85 points (0.13%).
On the Nifty index, Trent, Tech Mahindra, SBI Life, Ultratech Cement, HUL, HDFC Life, Nestle, Asian Paints, Cipla, Grasim, Eternal, and Hero MotoCorp were among the top losers, slipping up to 2.5%.
In the broader markets, the Nifty MidCap 100 fell 0.3%, while the Nifty SmallCap 250 lost 0.5%.
Sectorally, FMCG was the worst performer with a cut of over 1%, followed by Realty and IT. On the other hand, PSU Banks and Metals gained more than 1% each, emerging as the top sectoral gainers.
Global Cues
Across Asia, markets were trading in positive territory, tracking a tech-led rally on Wall Street. Japan's Nikkei 225 was up 1 per cent, while South Korea's KOSPI gained 0.4 per cent.
On Wall Street, US stocks ended mixed after Nvidia announced plans to invest up to $100 billion in OpenAI. The Nasdaq Composite rose 0.7 per cent, the Dow Jones edged 0.14 per cent higher, while the S&P 500 closed 0.44 per cent lower.
Source: News18
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