December 15, 2024 00:37 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Pushpa 2 stampede: Allu Arjun walks out of jail, actor's lawyer slams delay in release | Donald Trump intends to end 'inconvenient' and 'very costly' Daylight Saving Time | Suchir Balaji: Indian-origin former OpenAI researcher found dead at US apartment | Bengaluru techie suicide: Karnataka Police issues summons to wife Nikita, her family members | French President Macron appoints centrist leader Francois Bayrou as new Prime Minister | Congress always prioritised personal interest over Constitution: Rajnath Singh | Jaishankar calls attack on Hindus in Bangladesh 'a source of concern' | Allu Arjun arrested over woman's death in stampede during Pushpa 2 premiere show | RBI receives bomb threat in Russian language, case filed | UP teenager kills mother, lives with body for 5 days
UNI

Indian Market: Sensex down by 217 pts

| @indiablooms | Apr 03, 2020, at 10:42 am

Mumbai/UNI: The BSE Sensex lost further by 217 pts to 28,048.07 in early trade on Friday on heavy selling in finance, bankex, auto and realty stocks despite bounces back in crude oil prices and global stocks.

The Nifty of national stock exchange too slipped by 105.35 pts to 8,148.45.

The sectoral indices include finance, auto, bankex and realty kept the market under pressure for second straight session however buying in energy, FMCG, utilities and telecom restricted from further losses broker said.

The losers were Kotak bank dipped by 7.39 pc to Rs 1094.07, IndusInd bank by 5.38 pc to Rs 323.90, ICICI bank by 5.12 pc to Rs 295.50, HDFC by 4.55 pc to Rs 1512.35, Hero moto cop by 3.91 pc to Rs 1575 and SBI by 3.03 pc to Rs 180.95.

The gainers were ONGC by 2.88 pc to Rs 67.60, Power Grid by 2.59 pc to Rs 158.40, Hind Unilever by 2.50pc to Rs 2233.80.

Crude prices posted their biggest-one day gains on record on Thursday after US President Donald Trump said he expects Saudi Arabia and Russia to cut oil output by as much as 10 million to 15 million barrels. Brent futures rose 21 per cent to settle at $29.94 a barrel.

Following the surge in oil, world equity markets climbed on Thursday.

On Wall Street, the Dow Jones Industrial Average rose 2.24 per cent, the S&P 500 gained 2.28 per cent, and the Nasdaq Composite added 1.72 per cent.

Asian markets also looked to latch onto Wall Street’s overnight gains Japan's Nikkei traded 0.7 per cent higher in Friday's early deals, and Australia’s benchmark was up 1.5 per cent in early trade. Hong Kong stocks though were trading with half a per cent cut.  

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.