Wednesday, July 6, 2022
News

Sensex, Nifty wipe off morning gains, slip into red

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai (Maharashtra) | May 18, 2022 1:55:59 PM IST
The Indian stock markets' key indices, Sensex and Nifty, slipped into the red in the afternoon session on Wednesday wiping off the morning gains due to selling pressure in power, telecom and IT stocks.

The 30 stock S&P BSE Sensex was trading 52.82 points or 0.10 per cent down at 54,265.65 points at 1 pm, against its previous day's close at 54,318.47 points.

Earlier, the Sensex opened in the positive at 54,554.89 points and rose to a high of 54,786.00 points in the morning trade. The index slipped into the negative in the afternoon session. It fell to a low of 54,130.89 points.

The Sensex had gained 1344.63 points or 2.54 per cent on Tuesday.

The broader Nifty 50 of the National Stock Exchange was trading 12.15 points or 0.07 per cent down at 16,247.15 points against its previous day's close at 16,259.30 points.

The Nifty 50 had gained 417 points or 2.63 per cent on Tuesday.

Power Grid Corporation slipped 3.81 per cent to Rs 229.60. Bharti Airtel dipped 2.26 per cent to Rs 691.55.

State Bank of India slipped 1.22 per cent to Rs 461.65. Bajaj Finserv, Tech Mahindra, L&T, NTPC and Wipro were among the major Sensex losers.

UltraTech Cement rose 1.71 per cent to Rs 6213.95. Asian Paints, Hindustan Unilever, Sun Pharma and Dr Reddy's Laboratories were among the major Sensex gainers. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
India's PLI scheme has potential to add ...
Govt issues notification for compliance ...
Startups, unicorns new drivers of India'...
India says Big Tech must obey law of the...
Indian rupee at Rs 79.36 against USD, go...
Cloud4C achieves the Kubernetes on Micro...
More...
 
INDIA WORLD ASIA
BKS working for BJP, not for farmers: Gu...
Ajmer man announces home, property for N...
Mahua Moitra issues clarification on Kaa...
Naveen Patnaik seeks support of Cong MLA...
Army save two ill Chitto Mata women yatr...
Jaishankar to visit Indonesia on July 7-...
More...    
 
 Top Stories
UXReactor'S Satyam Kantamneni hosts... 
Virat Kohli, Jasprit Bumrah likely ... 
Indian Army's gallant contribution ... 
'Virat will be back with a bang', s... 
Men's Test Rankings: Pant storms to... 
Amazon Prime Video calls off 'Nigh... 
China running illegal business in N... 
DGCA issues show cause notice to Sp...