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By Malvika Gurung
Investing.com — The domestic market indices ended with a negative note on Thursday amid weak global cues as investors’ sentiment was dampened on fears of central banks globally raising interest rates to keep a check on sticky inflation.
Indian equity benchmark indices snapped an eight-day losing streak in the previous session but were dragged back to the red on Thursday, led by intense sell-offs across IT, auto and banking stocks.
Headlines ended 0.74% lower at 17,321.9 points and shed 501.7 points or 0.84% in Thursday’s closing.
The market fear barometer remained muted, trading 0.19% lower at 12.97 levels. Investors on Dalal Street lost a total of Rs 95,774 crore from their wealth in Thursday’s market downfall.
On the Nifty index, Adani Ports and Special Economic Zone (NS:) led the gaining pack, closing over 3% in a weak market on Thursday, followed by market heavyweights Coal India (NS:), Bharat Petroleum (NS:), Adani Enterprises (NS:), Hero MotoCorp (NS:) and Dr. Reddy’s Laboratories (NS:), among others, while biggies including Maruti (NS:), TCS (NS:), Infosys (NS:), M&M (NS:), Axis Bank (NS:), Tech Mahindra (NS:), Tata Motors (NS:) and Cipla (NS:) weighed on the headline index.
Barring , all the sectoral indices under the Nifty umbrella declined in the session, led by and . fell 0.76%.
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