MARKET UPDATE:Sensex down 100 points at 52,736, while Nifty at 15,830, lower by 32 points
Published On: Tuesday, March 8, 2022 | By: Team KnowMyStock
In the background of recovery in US futures, the Indian benchmark indices started today's (8th March 2022) session with marginal losses. The BSE Sensex was down 100 points at 52,736, while the NSE Nifty was at 15,830, lower by 32 points. Among the Sensex-30 shares, Maruti, HDFC twins, Asian Paints, Tata Steel, Kotak Bank, Axis Bank, IndusInd, and SBI were the top laggards, down up to 2 percent. On the Nifty, Hindalco, Tata Motors, HeroMoto, and Eicher Motors were the additional losers. Powergrid, NTPC, Tech M, ITC, HCL Tech, Bajaj Finance, Sun Pharma, TCS, Adani Ports, BPCL, Divis Labs, meanwhile were the top winners on the bourses, up to 3 percent higher. In the broader markets, the BSE MidCap and SmallCap indices were also in the positive territory, up to 1 percent higher.
Sectorally, Nifty Bank, Metals, Auto and Financials were the only players in the negative terrain, down 0.5-0.8 per cent. While, Nifty IT, Healthcare, PSU indices were strongly bucking the weak trend and were up 1 per cent each.
Among stocks, Great Eastern Shipping was up over 2 per cent. The company has contracted to sell its 2010 built R-class Platform Supply Vessel Greatship Rohini for scrapping. Greatship Rohini had suffered damage due to a fire incident on board in February 2021.
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