Stock Market Today: Nifty Off Day's Lows But Ends Below 26,000, Sensex Settles Flat
The NSE Nifty Midcap 150 and the Smallcap 250 underperformed benchmark indices.
KEY HIGHLIGHTS
And it's a wrap on live coverage of markets for Wednesday. Thanks for staying with us!
Markets At Close: Nifty, Sensex End Off Day's Low
Nifty slips below 26,000 mark.
Nifty falls for the fourth straight trading session
Benchmarks outperformed broader market indices
Max Healthcare and Bharat Electronics fall the most in Nifty
Max Healthcare and Bharat Electronics and Tata Consumer fall over 2% for the day.
Broader Market indices under pressure
Indian Bank and Hudco fall the most in Nifty Midcap 150
SPARC and Easy Trip Planners are the top losers in Nifty smallcap 250
Sectoral Indices close on a mixed note
Nifty PSU bank fell over 3% for the day; emerges as the top losing sector for the day.
Indian Bank and Punjab National Bank fell the most in Nifty PSU bank
Nifty IT and Financials gain in the trade
Nifty Oil and Gas, Realty fell for the fifth straight session
Nifty Auto, PSU bank, Metals fell for the 2nd trading session
Nifty Financials services snaps three-day losing streak
Nifty Bank snaps two- day losing streak
Rupee Closes Lower Against US Dollar
Rupee closed 31 paise lower at 90.19 against US Dollar
Itraday, it slumped 42 paise to a record low of 90.30 against US Dollar
It closed at 89.88 a dollar on Tuesday
Source: Bloomberg
Rupee May See Some Ease In Depreciation Pressure In Fourth Quarter, IDFC First Bank's Gaura Sengupta Says
IDFC First Bank's Chief Economist Gaura Sengupta expects some relief for the Indian rupee as in the fourth quarter the domestic unit improves. Trade deficits narrows, flows from balance of payments also improve.
Rupee Pares Losses Against US Dollar
Rupee recovered 20 paise to 90.10 a dollar from record low
Intraday, it slumped 42 paise to a record low of 90.30 against US Dollar
It closed at 89.88 a dollar on Tuesday
Source: Bloomberg
