Last Updated: February 20, 2024, 09:46 IST
Sensex Today: After scaling a contemporary report excessive in intraday commerce on Monday, the benchmark Nifty50 index began 50 factors decrease on Tuesday at 22,073 amid tepid international sentiment.
The S&P BSE Sensex, in the meantime, opened 167 factors decrease at 72,541 ranges.
Power Grid, Kotak Bank, Ultratech Cement, HDFC Bank, and Asian Paints had been the highest gainers on the BSE benchmark, whereas M&M, Bajaj Finserv, ICICI Bank, Tata Motors, HCL Tech, and Maruti Suzuki had been the highest laggards.
In the broader market house, the BSE MidCap and SmallCap indices had been blended with the previous slipping 0.17 per cent however the latter rising 0.13 per cent.
Among sectors, the Nifty Auto index was the highest laggard, down 0.5 per cent. On the flipside, the Nifty Media index climbed 2.6 per cent.
Shares of ZEE soared 6 per cent after The Economic Times reported that Zee Entertainment Enterprises (ZEEL) and Sony Group are in discussions that will save the $10 billion merger the Japanese conglomerate had known as off on January 22.
Shares of Deepak Fertilisers jumped 10 per cent after the economic chemical substances and fertilisers producer and a Norway primarily based worldwide vitality firm, Equinor, entered into a protracted-time period provide settlement for Liquefied Natural Gas (LNG).
Shares of Whirlpool of India dropped 3 per cent after practically 9 million fairness shares modified fingers in block offers right this moment. Promoter agency, Whirlpool Mauritius was anticipated to promote 30.4 million shares, or 24% stake, by way of block offers right this moment.
Global Cues
Asian shares had been pinned under 1-1/2 month highs on Tuesday as even a bigger-than-anticipated rate of interest reduce in China did not excite buyers jaded on the lack of larger stimulus measures.
Tokyo shares opened marginally larger on Tuesday as buyers awaited a contemporary sense of course from Wall Street. The benchmark Nikkei 225 index added 0.11 per cent, or 43.00 factors, to 38,513.38 on the open, whereas the broader Topix index climbed 0.24 per cent, or 6.34 factors, to 2,646.03.
