Sensex ends marginally lower, Nifty holds steady

Benchmark Sensex declined over 45 points in highly volatile trade on Wednesday, tracking weak Asian markets and continuous foreign fund outflows.

Benchmark Sensex declined over 45 points in highly volatile trade on Wednesday, tracking weak Asian markets and continuous foreign fund outflows.

Declining for the second straight session, the 30-share BSE Sensex fell 45.46 points or 0.06 per cent to settle at 73,466.39. During the day, it went lower by 437.93 points or 0.59 per cent to 73,073.92.

The NSE Nifty remained unchanged at 22,302.50.

From the Sensex basket, Asian Paints, UltraTech Cement, Hindustan Unilever, HDFC Bank, HCL Technologies, Bajaj Finance, Bajaj Finserv and ICICI Bank were the major laggards.

On the other hand, Tata Motors, Power Grid, NTPC, Larsen & Toubro and Maruti were among the gainers.

In Asian markets, Tokyo, Shanghai and Hong Kong settled lower, while Seoul ended with gains.

European markets were trading with gains. Wall Street ended on a mixed note on Tuesday.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,668.84 crore on Tuesday, according to exchange data.

Global oil benchmark Brent crude declined 1.65 per cent to $81.79 a barrel.

The BSE benchmark went lower by 383.69 points or 0.52 per cent to settle at 73,511.85 on Tuesday. The NSE Nifty declined 140.20 points or 0.62 per cent to 22,302.50.

Like (0)
Previous May 8, 2024 9:24 pm
Next May 8, 2024 9:28 pm

Related posts

  • Great Wisdom: Loss of 68.6704 million yuan in the first quarter of 2024

    CSI Intelligent Financial Information Great Wisdom (601519) disclosed its first quarter report for 2024 on April 26. In the first quarter of 2024, the company achieved a total operating income of 160 million yuan, a year-on-year decrease of 5.07%; a net profit loss attributable to the parent company was 68.6704 million yuan, a profit of 305 million yuan in the same period last year; a loss after deducting non-net profits was 61.5318 million yuan, a loss in the same period last year 31.8491 million yuan; the net cash flow generated from operating activities was -129 million yuan, which was -79.9689 million yuan in the same period last year; during the reporting period, Great Wisdom\’s basic earnings per share was -0.034 yuan, and the weighted average return on net assets was – 4.14%.

    stock options April 25, 2024
  • Hatsun Agro Product’s shares surge 11.17% on quarterly results

    Hatsun Agro Product Ltd’s shares were up by 11.17 per cent after the company reported its financial results for the fourth quarter and the financial year ending March 31, 2024. In Q4 FY24, the company saw a revenue growth of 14.38%, with revenue from operations reaching ₹2046.87 crore compared to last year when the company reported ₹1789.46 crore. The EBITDA grew by 46.64% to ₹231.77 crore, and the Profit after tax (PAT) increased by 108% to ₹52.16 crore compared to Q4 FY23 where it stood at ₹24.98 crore

    stock options April 23, 2024
  • Shakti Pumps stock rises 4.8% after securing patent for new motor technology

    Shakti Pumps (India) Limited’s shares rose 4.76 per cent after the company secured its 14th patent for a new motor technology. The patent, titled “Method and Apparatus for Soft Start, Soft Stop, Protection & Brown Out Operation of a Grid-Connected Motor,” was awarded by the Patent Office, Government of India, in accordance with the Patents Act of 1970. This patent is valid for 20 years from the date of filing.

    stock options May 24, 2024
  • What does GPT4o mean? OpenAI plus Apple, AI mobile phones are unstoppable!

    What does GPT 4o mean? OpenAI plus Apple, AI mobile phones are unstoppable! Hard AI Jim Fan, senior research scientist at NVIDIA: This may become an AI product with 1 billion users from the beginning. OpenAI is to Apple similar to FSD for smartphones

    stock options May 14, 2024
  • Longgao Shares: Net profit in the first quarter of 2024 was 24.7442 million yuan, a year-on-year increase of 11.33%

    Longgao Shares (605086) disclosed its first quarter report for 2024 on April 26. In the first quarter of 2024, the company achieved total operating income of 66.7652 million yuan, a year-on-year increase of 3.22%; net profit attributable to the parent company was 24.7442 million yuan, a year-on-year increase of 11.33%; non-net profit after deducting 22.8940 million yuan, a year-on-year increase of 2.15%; generated from operating activities Net cash flow was 41.1977 million yuan, a year-on-year increase of 9.41%; during the reporting period, Longgao\’s basic earnings per share was 0.19 yuan, and the weighted average return on net assets was 2.07%.

    stock options April 25, 2024
  • Huang Jen-Hsun’s total salary surged 60% last fiscal year, reaching $34.2 million

    Information recently disclosed by NVIDIA shows that the company’s CEO Jen-Hsun Huang’s total compensation surged by 60% last fiscal year.

    stock options May 15, 2024