MARKET UPDATE:Sensex down 260 points at 60,348, while Nifty testing 18,000, lower by 58 points
Published On: Tuesday, April 5, 2022 | By: Team KnowMyStock
The Indian markets opened on a flat note today(5th March 2022), despite upbeat global cues, and slipped into red in early deals. The BSE Sensex was down 260 points at 60,348, while the NSE Nifty was testing 18,000, lower by 58 points. Among the Sensex-30 shares, NTPC, Sun Pharma, M&M, PowerGrid, Maruti, TCS, Tata Steel, Dr. Reddy's, L&T, and Titan were the top gainers. Eicher Motors, Adani Ports, ONGC, and Tata Motors were the additional gainers on the Nifty. On the flip side, Bajaj twins, HDFC twins, IndusInd Bank, Kotak Bank, Ultractech Cement, BPCL, meanwhile were the top losers. The BSE MidCap and SmallCap indices were, however, in the positive territory, up to 0.7 percent higher. Sectorally, Nifty Auto, Pharma, and Consumer Durables were the leading gainers, up to 1 percent higher. Nifty Bank and Financials, meanwhile, were the only weak performers.
mong stocks, SBI Cards was down 4 per cent on the BSE. As per reports, private equity firm Carlyle Group will sell its entire stake in the company for as much as Rs 2,558 crore.
Zomato, too, was down 2.5 per cent after the Competition Commission on Monday ordered a detailed probe against Zomato and Swiggy, for alleged unfair business practices with respect to their dealings with restaurant partners.
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