ANI
03 May 2021, 16:48 GMT+10
Mumbai (Maharashtra) [India], May 3 (ANI): Equity benchmark indices shaved early losses but ended flat after a volatile session on Monday as surging Covid-19 cases continued to hit market sentiment.
At the closing bell, the BSE SP Sensex was down by 64 points or 0.13 per cent at 48,719 while the Nifty 50 edged lower by 3 points or 0.02 per cent to 14,634.
Sectoral indices at the National Stock Exchange were mixed with Nifty private bank slipping by 1.1 per cent, PSU bank and realty by 0.6 per cent each and financial service by 0.2 per cent. But Nifty FMCG rose by 1.1 per cent.
Among stocks, Titan dropped by 4.5 per cent to close at Rs 1,423.70 per share. Index heavyweight Reliance Industries dipped by 1.9 per cent to Rs 1,956 per share.
Private lenders were in the red with IndusInd Bank losing by 2.3 per cent, Axis Bank by 1.6 per cent and Kotak Mahindra Bank by 1 per cent. The other major losers were Bharat Petroleum Corporation, Wipro, Hero MotoCorp, Eicher Motors and ITC.
However, SBI Life was up by 5.4 per cent to Rs 979.10 per share while Bajaj Finance rose by 1.7 per cent. Maruti Suzuki accelerated by 2.2 per cent to Rs 6,600 per share.
Meanwhile, Asian share markets were slow as investors awaited data this week which should show the US leading a global economic recovery.
Japan's Nikkei was shut for a holiday but Nikkei futures edged up 0.2 per cent. Hong Kong's Hang Seng was down by 1.28 per cent and South Korea's Kospi cracked by 0.66 per cent. (ANI)Get a daily dose of Broadcast Communications news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Broadcast Communications.
More InformationNEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
Birmingham [UK], July 7 (ANI): Indian pacer Akash Deep mesmerised one and all with a ten-wicket haul in a critic-silencing, era-defining...
Birmingham [UK], July 7 (ANI): Following his side's win over England, Indian pacer Akash Deep revealed that he played the match because...
Paris is withdrawing its troops after the African country scrapped a decades-old defense agreement France has handed over a military...
New Delhi [India], July 1 (ANI): On the occasion of the approval of the new 'Khelo Bharat Niti 2025', Prime Minister Narendra Modi...
Mumbai (Maharashtra) [India], July 1 (ANI): The Indian Institute of Creative Technologies (IICT) opens admissions for its first batch...
New Delhi [India], July 1 (ANI): In a significant step to bolster India's research and innovation ecosystem, the Union Cabinet on Tuesday...