Hdfc Bank: Sensex closes lower by 180 pts as RIL, HDFC Bank decline; snaps 3-day gaining streak


MUMBAI: Benchmark inventory indices Sensex and Nifty closed lower on Thursday after three days of positive factors dragged primarily by promoting in index majors Reliance Industries and HDFC Bank.
The BSE Sensex pared early positive factors to settle 180.96 factors or 0.28 per cent lower at 65,252.34. During the day, it hit a excessive of 65,913.77 and a low of 65,181.94.
The NSE Nifty declined 57.30 factors or 0.29 per cent to settle at 19,386.70 as 35 of its shares declined whereas 16 superior.
Sensex and Nifty opened greater following in a single day positive factors in US shares and constructive cues from Asian markets. However, losses in IT, oil, and banking shares dragged the indices into detrimental territory.
From the Sensex pack, Jio Financial Services fell essentially the most by 4.99 per cent. Reliance Industries, Power Grid, Larsen & Toubro, JSW Steel, HCL Technologies, NTPC, Tata Steel, Wipro, Tata Consultancy Services and HDFC Bank additionally declined.
IndusInd Bank, Infosys, UltraTech Cement, ICICI Bank, Nestle and Axis Bank had been among the many gainers.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended within the constructive territory.
European markets had been buying and selling within the inexperienced. The US markets ended with positive factors on Wednesday.
Foreign Institutional Investors (FIIs) turned patrons on Wednesday as they purchased equities value Rs 614.32 crore, in response to alternate knowledge.
Global oil benchmark Brent crude climbed 0.10 per cent to USD 83.29 a barrel.
The BSE benchmark had climbed 213.27 factors or 0.33 per cent to settle at 65,433.30 on Wednesday. The Nifty had gained 47.55 factors or 0.25 per cent to finish at 19,444.

Nilesh Desai
Nilesh Desai
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.


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