Stock Market Updates: Sensex Drops 200 Points, Nifty Below 22,450; Mid, Smallcap Indices Outperform – News18

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Stock Market Updates: Sensex Drops 200 Points, Nifty Below 22,450; Mid, Smallcap Indices Outperform – News18


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Sensex Today: After kicking-off FY25 on a profitable word, benchmark indices had been largely decrease in Tuesday’s buying and selling session.

The S&P BSE Sensex was down 200 factors at 73,820 ranges. The NSE Nifty, too, was down 32 factors at 22,429.

Among the Sensex 30 shares, Wipro, ICICI Bank, Bajaj Finance and Mahindra & Mahindra had been the notable losers. On the opposite hand, Nestle and NTPC held marginal positive aspects.

In the broader markets, the BSE MidCap and SmallCap indices superior 1 per cent every.

Among particular person shares, Aditya Birla Fashion and Retail (ABFRL) zoomed 15 per cent higher restrict at Rs 233 after the copmpany requested its administration to guage the vertical demerger of the Madura Fashion & Lifestyle (MFL) enterprise right into a separate listed firm.

Global Cues

Overnight, the US market ended largely decrease as hopes of an early fee lower suffered contemporary jolt after information confirmed that the US manufacturing sector grew for the primary time since September 2022. A stronger US economic system my not warrant a fee lower quickly, consider analysts. Dow Jones slipped 0.6 per cent, the S&P 500 0.2 per cent whereas Nasdaq, nonetheless, added 0.1 per cent. Meanwhile, the US 10-yr bond yield jumped again above 4.30 per cent.

Nearer dwelling, Taiwan jumped 1 per cent, whereas Nikkei and Kospi held marginal positive aspects, whereas China indices had been in pink.



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