Sunday, May 22, 2022
  • English
  • Marathi
No Result
View All Result
Daily PRABHAT
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
    • Health
    • Lifestyle
    • Technology
    • Science
Daily PRABHAT
No Result
View All Result
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
Home Business

Sensex dips 425 points; IT, infra, banking stocks slump

by Digital Desk
1 month ago
in Business, Top News
A A
Indian stocks rally for 2nd-day; Sensex jumps 1000 points
Share on FacebookShare on Twitter

Mumbai  : The Indian equities markets’ key indices fell sharply for the second consecutive day on Tuesday with benchmark Sensex losing 425 points dragged by heavy selling pressure in metal, IT, infra, and banking stocks.

The 30 stock S&P BSE Sensex was trading at 58,539.17 points at 11.45 am, which is 425.4 points or 0.72 per cent down from its previous day’s close at 58,964.57 points.
Earlier, the Sensex opened in the red at 58,743.50 points and slumped to a low of 58,338.13 points in the morning trade.

This is the second consecutive day of a sharp plunge in the key indices. The Sensex had lost 482.61 points or 0.81 per cent on Monday.

The broader Nifty 50 of the National Stock Exchange was trading 159.65 points or 0.9 per cent down at 17,515.30 points. The Nifty had lost 109.40 points or 0.62 per cent on Monday.

Tata Steel plunged 3.64 per cent to Rs 1308.60. L&T slumped 2.04 per cent to Rs 1744.20. UltraTech Cement fell 1.40 per cent to Rs 6762.

IT stocks slumped for the second straight day. Infosys dipped 1.49 per cent to Rs 1740.30. Tech Mahindra slipped 1.43 per cent to Rs 1428.05. Wipro was trading 1.35 per cent down at Rs 563.50.

The index heavyweight Reliance Industries was trading 1.37 per cent down at Rs 2574.10.

Only four of the 30 scrips that are part of the Sensex were trading in the positive. TCS rose 0.93 per cent to Rs 3730.85. Kotak Bank, Maruti Suzuki and HCL Technologies were other Sensex gainers.

Tags: Indian stocksSensex
ShareTweetSendShareSend

Latest News

Maharashtra govt slashes VAT on petrol by Rs 2.08, diesel by Rs 1.44

Punjab: Six-year-old boy falls into borewell, rescue operation underway

G Kishan Reddy denies reports claiming excavation at Qutub Minar complex

AFC Cup 2022: Maziya edge Gokulam Kerala to revive their campaign

IPL 2022: Bhuvneshwar-led SRH win toss, opt to bat against PBKS

IPL 2022: Rohit Sharma ends a season without any half-century for first time

Entire cost of reduction in excise duty on petrol and diesel is borne by Centre, says Sitharaman

Centre bears full cost of excise duty cut on petrol, diesel: Sitharaman

Foreign investment into China declines as MNCs grow pessimistic about Chinese economy

Twitter’s latest update will improve third-party apps

Mumbai  : The Indian equities markets' key indices fell sharply for the second consecutive day on Tuesday with benchmark Sensex losing 425 points dragged by heavy selling pressure in metal, IT, infra, and banking stocks. The 30 stock S&P BSE Sensex was trading at 58,539.17 points at 11.45 am, which is 425.4 points or 0.72 per cent down from its previous day's close at 58,964.57 points. Earlier, the Sensex opened in the red at 58,743.50 points and slumped to a low of 58,338.13 points in the morning trade. This is the second consecutive day of a sharp plunge in the key indices. The Sensex had lost 482.61 points or 0.81 per cent on Monday. The broader Nifty 50 of the National Stock Exchange was trading 159.65 points or 0.9 per cent down at 17,515.30 points. The Nifty had lost 109.40 points or 0.62 per cent on Monday. Tata Steel plunged 3.64 per cent to Rs 1308.60. L&T slumped 2.04 per cent to Rs 1744.20. UltraTech Cement fell 1.40 per cent to Rs 6762. IT stocks slumped for the second straight day. Infosys dipped 1.49 per cent to Rs 1740.30. Tech Mahindra slipped 1.43 per cent to Rs 1428.05. Wipro was trading 1.35 per cent down at Rs 563.50. The index heavyweight Reliance Industries was trading 1.37 per cent down at Rs 2574.10. Only four of the 30 scrips that are part of the Sensex were trading in the positive. TCS rose 0.93 per cent to Rs 3730.85. Kotak Bank, Maruti Suzuki and HCL Technologies were other Sensex gainers.
No Result
View All Result
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
    • Health
    • Lifestyle
    • Technology
    • Science