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News Details

18/09/2024 09:51

Sensex, Nifty open lower; Broader markets gain, IT drops over 1%

Indian equity benchmark indices BSE Sensex and Nifty50 opened lower on Wednesday, as investors awaited the US Federal Reserve's policy decision announcement later in the day.

At 9:40 hours, the 30-share benchmark index was trading at 83106.08 up by 26.42 points or by 0.03 % and then NSE Nifty was at 25399.15 down by -19.4 points or by -0.08 %.

Sensex touched intraday high of 83135.95 and intraday low of 82949.42 The NSE Nifty touched intraday high of 25418.15 and intraday low of 25380.8

The top gainers of the BSE Sensex pack were Bajaj Finance Ltd. (Rs. 7500.00,+1.85%), Mahindra & Mahindra Ltd. (Rs. 2812.00,+0.85%), ITC Ltd. (Rs. 511.75,+0.85%), UltraTech Cement Ltd. (Rs. 11745.25,+0.82%), HDFC Bank Ltd. (Rs. 1681.60,+0.77%), among others.

The top losers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 1606.35,-2.73%), Infosys Ltd. (Rs. 1903.75,-2.50%), Tata Consultancy Services Ltd. (Rs. 4400.00,-2.30%), HCL Technologies Ltd. (Rs. 1785.65,-1.49%), Asian Paints Ltd. (Rs. 3300.00,-0.38%), among others.

Auto index was at 58761.34 up by 258.99 points or by 0.44%. Hero MotoCorp Ltd. (Rs. 6121.95,+2.68%), Samvardhana Motherson International Ltd. (Rs. 198.25,+1.61%), Mahindra & Mahindra Ltd. (Rs. 2812.00,+0.85%), Maruti Suzuki India Ltd. (Rs. 12323.45,+0.62%), Sundram Fasteners Ltd. (Rs. 1381.55,+0.55%),.

IT index was at 43040.41 down by -921.67 points or by -2.1%. MphasiS Ltd. (Rs. 3035.20,-4.49%), Oracle Financial Services Software Ltd. (Rs. 11930.05,-2.77%), Mahindra & Mahindra Ltd. (Rs. 1606.35,-2.73%), Infosys Ltd. (Rs. 1903.75,-2.50%), Persistent Systems Ltd. (Rs. 5226.95,-2.41%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3304 , shares advanced were 1792 while 1368 shares declined and 144 were unchanged.