Advertisement
Tuesday, Sep 21, 2021
Outlook.com
Outlook.com

Sensex Down By 135 Points; Nifty Ends Near 15,700

The BSE 30-share index down 135.05 points, or 0.26 percent, to 52,443.71, while the NSE Nifty fell 37.05 points, or 0.24 percent, to 15,709.40.

Sensex Down By 135 Points; Nifty Ends Near 15,700
NSE Nifty slipped 37.05 points or 0.24 per cent to 15,709.40. | Representational Image
Sensex Down By 135 Points; Nifty Ends Near 15,700
outlookindia.com
2021-07-28T16:17:12+05:30

Equity benchmark Sensex dropped 135 points on Wednesday, weighed by losses in index majors HDFC Bank, Reliance Industries, and Kotak Bank.

The 30-share BSE index ended 135.05 points or 0.26 percent lower at 52,443.71, while the broader NSE Nifty slipped 37.05 points or 0.24 percent to 15,709.40.

Kotak Bank was the top loser in the Sensex pack, shedding over 2 percent, followed by Dr. Reddy’s, M&M, PowerGrid, NTPC, Nestle India, and HDFC Bank.

On the other hand, Bharti Airtel, Tata Steel, IndusInd Bank, and Bajaj Finserv were among the gainers.

"Domestic equities extended losses as weak cues from global markets triggered by selling pressure in Chinese tech stocks due to regulatory overhang weighed on sentiments," said Binod Modi, Head Strategy at Reliance Securities.

Further, persistent selling pressure in financials led by concerns over asset quality dragged the benchmark index. However, positive cues from European markets and buy on dips helped the market to recover from the day's low in the second half, he added.

Elsewhere in Asia, bourses in Shanghai and Tokyo ended with losses, while Hong Kong and Seoul closed with gains.

Equities in Europe were trading on a positive note in mid-session deals.

Meanwhile, international oil benchmark Brent crude advanced 0.76 percent to USD 74.08 per barrel.

Advertisement

Outlook Newsletters

Advertisement

Read More from Outlook

Munna Bhais Still Flying High In High-Profile Entrance Examinations

Munna Bhais Still Flying High In High-Profile Entrance Examinations

Experts believe the swindlers have taken control of the entire system and they are doing so without any fear. They suspect one can get 99.5% only if one gets the question paper in advance.

J&K: Army Chopper Crash Lands In Dense Forest Area, Two Pilots Injured

J&K: Army Chopper Crash Lands In Dense Forest Area, Two Pilots Injured

The incident reportedly occurred between 10.30 am to 10.45 am. A police party has been rushed to the remote area and it will take them some time to reach there.

'It's A Wake-Up-Call For RCB', Says Virat Kohli After KKR Loss

'It's A Wake-Up-Call For RCB', Says Virat Kohli After KKR Loss

The result put KKR in fifth spot while RCB remain static at third.

Centre Gives Go Ahead To Assam CM To Hold Talks With Ulfa (I) Chief

Centre Gives Go Ahead To Assam CM To Hold Talks With Ulfa (I) Chief

Himanta Biswa Sarma had invited Barua to hold talks with the government and give peace a chance soon after becoming chief minister in May.

Advertisement