Last Update: January 06, 2023, 16:24 IST
FILE PHOTO: A man looks across the street at a screen displaying the Sensex on the façade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. Reuters/Danish Siddiqui
Sensex Today: Domestic markets opened volatile in Friday’s trade amid weak global cues and higher crude oil prices.
Sensex Today: India’s stock indices fell for the third consecutive session under selling pressure as bears pushed the bulls to the fence. Investors were awaiting a key US jobs report due for release later today.
Jobs data will likely guide market trends in the US as strong job additions could mean continued monetary tightening by the Federal Reserve.
The BSE Sensex closed 683 points lower at 59,670 and closed 453 points lower at 59,900. nse smelly Touched a low of 17,796 and finally closed down 133 points at 17,859.
Top laggards were financial and IT stocks, weighing on the benchmark indices. TCS, IndusInd Bank, Bajaj twins, Tech M, Kotak Bank, Infosys, Airtel, Tata Motors, Titan and Wipro declined 1-3 per cent on the Sensex, while JSW Steel was the top gainer on the Nifty.
A handful of index winners included M&M, Reliance, Nestle, ITC, L&T, Britannia, BPCL and ONGC, which closed up to 1 per cent higher.
Besides, the broader markets also could not escape the selloff and declined in line with the benchmarks. The BSE Midcap and Smallcap indices declined 0.7 per cent each.
The deficit was spread evenly across all sectors. Nifty fell 2 per cent, following a cut of 0.7-1 per cent in IT Bank, financials, metal, realty and pharma indices. FMCG and consumer durables fared better with partial gains.
Among the buzzing stocks, IDBI Bank ended the day up 8 per cent after SEBI allowed reclassification of the government’s stake in the lender to public after disinvestment.
global signal
Global markets showed mixed signals with major indices in Asia, including Nikkei and Kospi, trading up to 0.3 per cent higher.
However, overnight, Wall Street closed lower after a day’s gap, with the S&P 500 down 1.16 percent; Dow Jones 1 per cent; and the Nasdaq Composite 1.47 per cent.
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