MARKET UPDATE:Sensex fell 763 points to 54,339, while Nifty at 16,289, lower by 208 points
Published On: Friday, March 4, 2022 | By: Team KnowMyStock
Indian benchmark indices started trade sharply lower today(4 March 2022) in tune with weak global market sentiment. The BSE Sensex fell 763 points to 54,339, while the NSE Nifty was at 16,289, lower by 208 points. Among the Sensex-30 shares, Asian Paints, Maruti, Axis Bank, Titan, Wipro, Bajaj twins, Kotak Bank, HUL, M&M, Tech M, Infosys, HDFC Bank were the top losers, up to 4 percent lower. On the Nifty, auto players-Hero MotoCorp, Eicher Motors, Tata Motors was the additional laggards. Meanwhile, a few shares were trading higher on the bourses, especially from the Metal pack. These included Tata Steel, Hindalco, JSW Steel, along with NTPC, UPL, and BPCL.
Sectorally, barring Nifty Metal index, all others were holding steep losses with Nifty Bank, Financials, Auto, IT, Realty, Pharma, FMCG trading 1-2 per cent lower.
In the broader markets, the BSE MidCap and SmallCap indices were also in the negative territory, down up to 1 per cent.
Among stocks, LT Foods was firmly higher by 4 per cent on the BSE. The company's Subsidiary LT Foods Americas Inc has acquired 51 per cent stake in Golden Star Trading Inc.
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