Market Update: Sensex, Nifty Slip on Fag-end Selling; Tata Motors, ONGC Gain
The BSE Sensex fell 0.49% to 71,731.42 points and NSE Nifty declined by 0.35% to 21,777.25 points. Nifty Pharma surged by 2.07% to 18,343.80, with Pfizer, Natco Pharma, Sun Pharma, and Cipla leading. Nifty Oil & Gas (11,400.85) and Nifty Auto (19,700.95) gained 2.60% and 1.65%, respectively. Tata Motors, Coal India, BPCL, Power Grid, and ONGC were top NSE gainers, while UPL, Bharti Airtel, Bajaj Finserv, Maruti, and Bajaj Finance lagged. On BSE, 2,112 stocks advanced, 1,743 declined, and 165 were unchanged. 514 stocks hit a 52-week high, while LIC reached a lifetime high at ₹1,028, currently trading at ₹1,002.50, up 6.03%.
Market Update: Stock markets settle lower on fag-end selling; Reliance, Airtel drag Benchmark Sensex fell back by 354 points on Monday due to selling in index major Reliance Industries, Bharti Airtel, and Maruti amid weak trends from Asian and European markets.
Currency Market Live Updates: Rupee falls 8 paise to settle at 83.06 against US dollar The rupee depreciated 8 paise to settle at 83.06 (provisional) against the US dollar on Monday, as strengthening American currency overseas and negative sentiment in the domestic equity markets weighed on the local unit. However, the downward trend in the global crude oil prices supported the domestic unit and restricted its decline, forex traders said.
Commodity Market Live Updates: Aluminium Futures: Go short on a break below ₹200 Aluminium prices have been coming down since the beginning of this month. The Aluminium Futures contract on the Multi Commodity Exchange (MCX) reached a high of ₹204.75 per kg on Wednesday last week and has come off from there. It is currently trading at ₹200.25 per kg.
Stock Market Today: BSE declines by 0.49%, Nifty falls 0.35% BSE Sensex is down by 0.49% to 71,731.42 points and NSE Nifty is down by 0.35% to 21,777.25 points
Share Market Today: Sund