News Details
Category : Market
Headline : Post-Session: Sensex ends 456 points lower after a choppy session
Date: 16/04/2024 18:06
The Sensex and the Nifty closed lower for a third straight session on Tuesday, tracking weakness in global markets amid a worsening situation in West Asia. Rising US treasury bond yields, which shot to a five-month high, also weighed on investors' risk appetite.

Analysts advise investors to adopt caution and wait and watch to see how the developments unfold.

The 30-share benchmark index ended at 72943.68 down by -456.1 points or by -0.62 % and then NSE Nifty was at 22147.9 down by -124.6 points or by -0.56 %.

The top gainers of the BSE Sensex pack were Titan Company Ltd. (Rs. 3647.05,+1.26%), Hindustan Unilever Ltd. (Rs. 2220.90,+1.20%), HDFC Bank Ltd. (Rs. 1509.40,+0.97%), Maruti Suzuki India Ltd. (Rs. 12503.15,+0.62%), Power Grid Corporation of India Ltd. (Rs. 274.35,+0.07%), among others.

The top losers of the BSE Sensex pack were Infosys Ltd. (Rs. 1414.75,-3.65%), IndusInd Bank Ltd. (Rs. 1490.75,-3.12%), Wipro Ltd. (Rs. 448.60,-2.32%), Bajaj Finserv Ltd. (Rs. 1619.05,-2.31%), HCL Technologies Ltd. (Rs. 1476.30,-1.94%), among others.

Oil&Gas index was at 28556.12 up by 197.48 points or by 0.7%. Indian Oil Corporation Ltd. (Rs. 169.05,+1.53%), Linde India Ltd. (Rs. 6901.30,+1.52%), Oil And Natural Gas Corporation Ltd. (Rs. 283.05,+1.18%), GAIL (India) Ltd. (Rs. 205.80,+1.01%), Petronet LNG Ltd. (Rs. 307.95,+0.97%),.

IT index was at 34400.21 down by -816.89 points or by -2.32%. Ramco Systems Ltd. (Rs. 386.00,-4.89%), Infosys Ltd. (Rs. 1414.75,-3.65%), MphasiS Ltd. (Rs. 2308.50,-3.60%), Coforge Ltd. (Rs. 5210.00,-3.41%), LTIMindtree Ltd. (Rs. 4666.00,-3.06%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4195 , shares advanced were 2392 while 1653 shares declined and 150 were unchanged.