Sensex drops 186 pts on profit-booking; Nifty ends below 15,800
PTI, Jun 29, 2021, 4:21 PM IST
Mumbai: Equity benchmark Sensex declined 186 points on Tuesday, tracking losses in ICICI Bank, Kotak Bank and Infosys as investors booked profits at higher levels.
The 30-share BSE index ended 185.93 points or 0.35 per cent lower at 52,549.66. Similarly, the broader NSE Nifty tumbled 66.25 points or 0.42 per cent to 15,748.45.
Kotak Bank was the top loser in the Sensex pack, shedding over 1 per cent, followed by ICICI Bank, Tech Mahindra, Bajaj Auto, Mahindra and Mahindra, SBI and Axis Bank.
On the other hand, PowerGrid, HUL, NTPC, Dr Reddy’s and Nestle India were among the gainers.
According to Binod Modi, Head-Strategy at Reliance Securities, domestic equities extended losses as profit-booking in financials, auto and metals dragged benchmark indices down. Weak cues from global markets also weighed on sentiments, he said.
Elsewhere in Asia, bourses in Shanghai, Hong Kong, Seoul and Tokyo ended with losses.
Stock exchanges in Europe were, however, trading with gains in mid-session deals.
Meanwhile, international oil benchmark Brent crude was trading 0.27 per cent lower at USD 73.94 per barrel.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
ATF price hiked marginally, commercial LPG rate reduced by Rs 19 per cylinder
Godrej family split: Adi, brother to keep listed firms; cousin Jamshyd to get unlisted companies & land bank
Sebi takes measures to curb front running, insider trading in mutual funds
Markets wipe out early gains on fag-end sell-off; Nifty slips from record
Sebi asks NSE to asses Linde India’s related party transactions
MUST WATCH
Latest Additions
Cancel diplomatic passport of Prajwal Revanna: Siddaramaiah writes to PM Modi
Truth will prevail soon, says Hassan MP Prajwal Revanna
LS Polls: In Goa, BJP banks on ‘PM Modi’s charisma’, Congress wagers on anti-government sentiment
MAHE celebrates Founder’s Day to mark Dr T M A Pai’s 126th birth anniversary
Can Arshdeep and Siraj pass the acid test in Americas?