Friday, March 29, 2024
News

Sensex falls by 244 points, UltraTech Cement top loser

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai (Maharashtra) | April 20, 2021 4:44:10 PM IST
Equity benchmark indices failed to stick with early gains and closed half a per cent lower on Tuesday after a volatile session.

Despite the Covid-19 vaccine drive kindling hopes of recovery, investors said the market trend will depend on positive developments like a steep decline in infections and lifting of localised lockdown restrictions.At the closing bell, the BSE S&P Sensex was down by 244 points or 0.51 per cent at 47,706 while the Nifty 50 edged lower by 63 points or 0.44 per cent to 14,296.

Sectoral indices at the National Stock Exchange were mixed green with Nifty IT down by 1.3 per cent, FMCG by 0.6 per cent and financial service by 0.5 per cent. But Nifty auto was up by 1 per cent and metal by 0.4 per cent.

Among stocks, UltraTech Cement fell by 4.9 per cent to close at Rs 6,189 per share while Grasim dropped by 3.1 per cent and Shree Cement by 2.7 per cent.

HCL Technologies skidded by 3.4 per cent, Tech Mahindra by 1.9 per cent, Tata Motors and Eicher Motors by 1.3 per cent each, Hindustan Lever by 1.7 per cent and HDFC Bank by 1.5 per cent.

However, Dr Reddy's gained by 3.5 per cent to close at Rs 5,145 per share. Bajaj Finserv was up by 3.4 per cent, Bajaj Finance by 2.6 per cent, Mahindra & Mahindra by 2 per cent, Maruti Suzuki by 1.9 per cent and Bajaj Auto by 1.8 per cent.

Meanwhile, Asian shares were mixed. Hong Kong shares edged higher by 0.1 per cent as financials shone and South Korea's Kospi rose by 0.68 per cent on strong foreign buying.

But Japan's Nikkie stumbled as return to coronavirus lockdowns loomed large as the country continues to grapple with a resurgence in Covid cases.

(ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Begin the New Financial Year with FDs on...
Admissions for CA and CMA Courses Begin ...
USISPF Announces the Appointment of Mark...
'Healthcare, education and agriculture' ...
Solana (SOL), Shiba Inu (SHIB) and Retik...
AkzoNobel Announces Rocking Star Yash as...
More...
 
INDIA WORLD ASIA
BJP's Ravi Shankar Prasad backs letter b...
PM engages in candid chat with Bill Gate...
'We need to establish some Dos and don't...
ASI continues survey at Bhojshala Comple...
Ten dead as taxi rolls down gorge on Jam...
'Was unwell, not being given treatment,'...
More...    
 
 Top Stories
"Honoured to be nominated for Upcom... 
Rahul Gandhi promises 50 pc reserva... 
Punjab police bust criminal network... 
Defence secy Giridhar Aramane inaug... 
Nippon Group's Sahiba Oils Makes Wa... 
Inorbit Mall and Making The Differe... 
Nick Jonas gets new haircut by Tige... 
ED attaches flat worth Rs 86.18 lak...