MARKET UPDATE: Sensex down 400 points to 57,000, while Nifty shed 121 points to 17,070 levels
Published On: Wednesday, April 27, 2022 | By: Team KnowMyStock
The domestic benchmark indices were trading with cuts today( 27th April 2022) in tune with the global weakness. The BSE Sensex was down 400 points to 57,000, while the NSE Nifty shed 121 points to 17,070 levels. Among the Sensex-30 shares, Bajaj twins, Wipro, HUL, Infosys, Titan, Teh M, SBI, Axis Bank, meanwhile, were the top laggards, slipping up to 4 percent. Whereas, NTPC, Tata Steel, Sun Pharma, HDFC Life, Hindalco, and Adani Ports were the top benchmark gainers. In the broader markets, the BSE MidCap and SmallCap indices also opened in red down up to 0.24 percent.
Sectorally, Nifty IT, Financials, Bank and Auto led losses, falling up to 1 per cent. Nifty Metal index was the only one in green.
Among stocks, Mahindra Logistics surged 10 per cent. The company posted a 2.8 per cent decline in Q4FY22 net profit at Rs 12.23 crore when compared with Rs 12.58 crore in Q4FY21. Total income, however, grew by 10.2 per cent to Rs 1,078.37 crore from Rs 978.56 crore.
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