ANI
13 May 2022, 17:48 GMT+10
Mumbai (Maharashtra) [India], May 13 (ANI): The Indian stock markets' key indices, Sensex and Nifty, closed in the red for the sixth straight session on Friday dragged by heavy selling pressure in banking stocks.
The 30 stock SP BSE Sensex dipped 136.69 points or 0.26 per cent to close at 52,793.62 points against its previous day's close at 52,930.31 points.
The markets witnessed volatile trading. The Sensex opened in the positive at 53,565.74 points and rose to a high of 53,785.71 points. The markets came under heavy selling pressure in the last hour of the trade. The Sensex dipped to a low of 52,654.89 points in the intra-day.
This is the sixth straight session of losses in the country's key indices. The Sensex had slumped 1158.08 points or 2.14 per cent on Thursday.
The broader Nifty 50 of the National Stock Exchange fell 25.85 points or 0.16 per cent to 15,782.15 points against its previous day's close at 15,808 points.
The Nifty had lost 359.10 points or 2.22 per cent on Thursday.
State Bank of India was the biggest Sensex loser. SBI slumped 3.76 per cent to Rs 445.05. ICICI Bank dipped 2.65 per cent to Rs 677.45. Axis Bank fell 2.07 per cent to Rs 635.90. HDFC Bank dropped 0.93 per cent to Rs 1290.95.
Half of the 30 scrips that are part of the Sensex closed in the positive.
Sun Pharma surged 3.76 per cent to Rs 882.10. MahindraMahindra rose 2.78 per cent to Rs 888.95. Hindustan Unilever jumped 2.49 per cent to Rs 2194.35.
The index heavyweight Reliance Industries closed 1.13 per cent higher at Rs 2428.05. (ANI)Get a daily dose of Iran Herald 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 Iran Herald.
More InformationNEW YORK, New York -U.S. stock markets closed with broad gains on Thursday, led by strong performances in U.S. tech stocks, while European...
LONDON/STOCKHOLM: The Persson family is ramping up its investment in the H&M fashion empire, fueling renewed speculation about a potential...
PARIS, France: L'Oréal is making a fresh play in the booming premium haircare segment with a new acquisition. The French beauty conglomerate...
MENLO PARK, California: Robinhood is giving European investors a new way to tap into America's most prominent tech names — without...
NEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
GENEVA, Switzerland: A new United Nations report alleges that dozens of global corporations are profiting from and helping sustain...
LONDON, UK - Lawmakers in the United Kingdom have voted overwhelmingly to proscribe the direct-action group Palestine Action as a terrorist...
JERUSALEM, Israel: Israeli Prime Minister Benjamin Netanyahu says that Israel's success in the war with Iran could open the door to...
China, EU hold 13th round of high-level strategic dialogue At the 13th round of China-EU High-level Strategic Dialogue Wednesday,...
Washington is trying to help Ukraine but prioritizing American interests, the US leader has said President Donald Trump has denied...
The Settlement Administration in the area is ready to follow such an order immediately, Finance Minister Bezalel Smotrich has said...