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MARKET LIVE: Sensex down 300pts, Nifty holds 17,700; RIL, IT shares weigh
Stock market live updates: The broader markets, meanwhile, opened in green. The BSE MidCap and SmallCap indices were up to 0.6 per cent higher.
Topics
MARKET LIVE | Markets | Nifty
SI Reporter |
Last Updated at April 11, 2022 11:53 IST
EVENT HIGHLIGHTS
Experts said the FM’s decision to go for asset monetisation, instead of an increase in taxation, helped soothe investors’ nerves | Photo: PTI
In early trades, the BSE Sensex was down 300 points to 59,124, and the NSE Nifty50 slipped 80 points to around 17,700.
Infosys, HCL Tech, Wipro, HUL, Kotak Bank, HDFC twins, Reliance, Axis Bank and M&M were the top laggards on the Sensex, while SBI Life was the top Nifty loser.
On the flip side, NTPC, PowerGrid, Ultratech Cement, Sun Pharma, SBI, Tata Motors, JSW Steel, BPCL and Cipla were the top gainers across the bourses.
On the flip side, NTPC, PowerGrid, Ultratech Cement, Sun Pharma, SBI, Tata Motors, JSW Steel, BPCL and Cipla were the top gainers across the bourses.
The broader markets, meanwhile, opened in green. The BSE MidCap and SmallCap indices were up to 0.6 per cent higher.
Nifty IT, down 1 per cent led losses among sectoral indices. Nifty Bank, Financials, Auto and FMCG were the other losers. Meanwhile, Nifty Metals, Pharma, PSBs, and Oil & Gas indices were firm gainers.
Among stocks, Ruchi Soya rose over 7 per cent after its board approved evaluating modes to enhance synergies with Patanjali Ayurved Ltd's food portfolio on an arm’s length basis. Further, the board gave its nod to change the company's name to Patanjali Foods Ltd.
Nifty IT, down 1 per cent led losses among sectoral indices. Nifty Bank, Financials, Auto and FMCG were the other losers. Meanwhile, Nifty Metals, Pharma, PSBs, and Oil & Gas indices were firm gainers.
Among stocks, Ruchi Soya rose over 7 per cent after its board approved evaluating modes to enhance synergies with Patanjali Ayurved Ltd's food portfolio on an arm’s length basis. Further, the board gave its nod to change the company's name to Patanjali Foods Ltd.
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