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MARKET LIVE: Sensex slips 150 pts; private banks weak, IRCTC surges 10%

Benchmark indices ended up investing lessen on Thursday as traders reassessed the scope of the coronavirus outbreak after China’s Hubei province reported a record increase in the demise toll. A .three for every cent contraction in factory output in December and the retail inflation rate hitting multi-yr large amount in January also dampened sentiment.

The S&P BSE Sensex dipped 160 points, or .four for every cent, to forty one,400 ranges. IndusInd Lender, HCL Tech (each down one%), and HIndustan Unilever (down .9 for every cent) ended up the major laggards in the Sensex pack. On the other hand, Condition Lender of India (up 2%), Titan and ONGC (each up one%) received the most.

The broader Nifty50 index gave up the 12,two hundred mark and was hovering close to the 12,160 ranges, down forty seven points, or .four for every cent.

The Nifty sectoral indices ended up investing mixed. Nifty Metallic and Nifty Non-public Lender indexes, each down more than one for every cent, bled the most.

In the broader market, the S&P BSE MidCap dipped 60 points, or .37 for every cent, investing flat and the S&P BSE SmallCap index was flat.

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