ANI
03 May 2021, 16:48 GMT+10
Mumbai (Maharashtra) [India], May 3 (ANI): Equity benchmark indices shaved early losses but ended flat after a volatile session on Monday as surging Covid-19 cases continued to hit market sentiment.
At the closing bell, the BSE SP Sensex was down by 64 points or 0.13 per cent at 48,719 while the Nifty 50 edged lower by 3 points or 0.02 per cent to 14,634.
Sectoral indices at the National Stock Exchange were mixed with Nifty private bank slipping by 1.1 per cent, PSU bank and realty by 0.6 per cent each and financial service by 0.2 per cent. But Nifty FMCG rose by 1.1 per cent.
Among stocks, Titan dropped by 4.5 per cent to close at Rs 1,423.70 per share. Index heavyweight Reliance Industries dipped by 1.9 per cent to Rs 1,956 per share.
Private lenders were in the red with IndusInd Bank losing by 2.3 per cent, Axis Bank by 1.6 per cent and Kotak Mahindra Bank by 1 per cent. The other major losers were Bharat Petroleum Corporation, Wipro, Hero MotoCorp, Eicher Motors and ITC.
However, SBI Life was up by 5.4 per cent to Rs 979.10 per share while Bajaj Finance rose by 1.7 per cent. Maruti Suzuki accelerated by 2.2 per cent to Rs 6,600 per share.
Meanwhile, Asian share markets were slow as investors awaited data this week which should show the US leading a global economic recovery.
Japan's Nikkei was shut for a holiday but Nikkei futures edged up 0.2 per cent. Hong Kong's Hang Seng was down by 1.28 per cent and South Korea's Kospi cracked by 0.66 per cent. (ANI)Get a daily dose of Asia Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Bulletin.
More InformationWASHINGTON, D.C.: Former U.S. President Donald Trump says he wants to cut federal funding for colleges that allow what he calls illegal...
CNN - In a recent interview with CNN's Christiane Amanpour, Canadian Foreign Minister Mélanie Joly expressed strong opposition to President...
NEWARK, New Jersey: Over the weekend, a FedEx Boeing 767 cargo plane hit a bird while taking off from Newark Airport. One of its...
WASHINGTON, D.C.: The Pentagon told its civilian employees that they must provide a list of five bullet points detailing their accomplishments...
MELBOURNE, Australia: An Australian warship rescued Lithuanian adventurer Aurimas Mockus this week after he became stranded in the...
WASHINGTON, D.C.: The U.S. is sending about 3,000 more soldiers to the U.S.-Mexico border as President Donald Trump pushes to stop...
PONTEDERA, Italy: Italy's Piaggio, the maker of the iconic Vespa scooter, reported record-high core profit margins for 2024 despite...
NEW YORK, New York - U.S. stocks fell sharply at the open and stayed in the red for much of the day Friday, however as the day wore...
NEW YORK, New York - The U.S. dollar continued to come under pressure Friday with President Donald Trump's flip flops on trade tariffs,...
SEATTLE, Washington: Nordstrom delivered stronger-than-expected holiday-quarter sales and announced a leadership shakeup, with Chief...
MILAN, Italy: Prada CEO Andrea Guerra suggested this week that the Italian luxury brand is keeping its options open regarding potential...
OSLO/COPENHAGEN: Tesla is experiencing a sharp drop in sales across Scandinavia and France as shifting consumer sentiment and an aging...