Last Updated: February 13, 2024, 09:39 IST
Market Today: Domestic markets turned risky, after beginning greater Tuesday, amid weak point in IT and metallic shares.
The S&P BSE Sensex, which opened round 191 factors greater, is down 15 factors at 71,056 ranges, whereas the Nifty50 traded under 21,600.
Hindalco slumped 10 per cent, JSW Steel 2 per cent, whereas Power Grid, Adani Enterprises, Tata Steel, Grasim Industries, Wipro, Bharti Airtel, and Adani Ports declined between 1 per cent and a couple of per cent.
In the broader markets, weak point endured with the BSE MidCap and SmallCap indices slipping 0.38 per cent and 1.2 per cent, respectively.
Among sectors, the Nifty Metal index fell 3 per cent, the Nifty IT 0.6 per cent, and the Nifty Media 1.2 per cent.
Global Cues
Asian shares inched greater and the greenback held regular on Tuesday forward of a key US inflation report that would assist form the Federal Reserve’s charges outlook and decide the timing of rate of interest cuts.
Tokyo shares opened greater on Tuesday after a protracted weekend following beneficial properties on Wall Street.The benchmark Nikkei 225 index was up 0.99 per cent, or 365.64 factors, at 37,263.06 in early commerce, whereas the broader Topix index added 0.88 per cent, or 22.46 factors, to 2,580.34.
