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Stock Market Today: Sensex, Nifty Decline For Third Day As Energy Stocks Drag; FPIs Remain Net Sellers

Stock Market Today: Sensex, Nifty Decline For Third Day As Energy Stocks Drag; FPIs Remain Net Sellers
A photograph taken outside the NSE Building in Mumbai. (Source: BQ Prime)
3 years ago
The S&P BSE Sensex was down 148 points or 0.25% at 59,958.03 while the NSE Nifty 38 was points or 0.21% lower at 17,858.20.

The broader market indices were trading lower; S&P BSE MidCap was down 0.17%, whereas S&P BSE SmallCap was lower at 0.02%.

Ten out of the 19 sectoral indices compiled by the BSE advanced, while nine declined.

The market breadth was skewed in favour of the bears. About 1,406 rose, 1,934 declined, 164 remained unchanged on the BSE.

  • Shares of Sah Polymers listed at Rs 85 per share on both BSE and NSE, a premium of 30.7% to its IPO price of Rs 65.

  • On the BSE, the stock gained 4.71% as of 10:01 a.m.

  • Source: BSE, NSE

The broader market indices were trading marginally higher; S&P BSE MidCap was up 0.08%, whereas S&P BSE SmallCap was higher at 0.25%.

Fourteen out of the 20 sectoral indices compiled by the BSE advanced, while six declined.

The market breadth was skewed in favour of the bulls. About 1,552 rose, 945 declined, 108 remained unchanged on the BSE.

The yield on the 10-year bond opened largely flat at 7.29% on Thursday.

Source: Bloomberg

The local currency opened 5 paise lower at 81.63 on Thursday. It closed at 81.58 on Wednesday.

Source: Bloomberg

  • TVS Motor Company expressed its intention to invest in Madhya Pradesh for its potential future two-wheeler and three-wheeler expansion in electric and internal combustion engine vehicles.

  • The investments could create over 2,000 jobs.

  • The announcement was made at the Global Investors Summit 2023 held in Indore.

  • Source: Exchange filing

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