MARKET UPDATE:Sensex nearly 500 points down to quote at 56,618 level while the Nifty at 16,891, down 158 points
Published On: Monday, December 27, 2021 | By: Team KnowMyStock
Indian benchmark indices opened lower today(27th December 2021) amid weak sentiment. The BSE Sensex was trading nearly 500 points down to quote at 56,618 level while the Nifty50 was at 16,891, down 158 points. In the broader markets, the BSE MidCap and SmallCap indices were also in the red zone, trading 1 percent lower. Among individual stocks that comprise the Sensex, IndusInd Bank, Bajaj Finance, Bajaj Finserv, Asian Paints, Maruti Suzuki, and Axis Bank were among the top losers that slipped 0.7 percent to 4.6 percent. RBL Bank lost 15 percent to Rs 146 levels after the bank said over the weekend that Vishwavir Ahuja, its managing director, and chief executive officer, had gone on leave after the Reserve Bank of India appointed Yogesh K Dayal as an additional director of the bank. Action for RBL is important in light of the problems encountered by private lenders like YES Bank and Lakshmi Vilas Bank last year.
Asian stock markets were generally weaker with U. S. crude in holiday-thinned trading on Monday, as uncertainty over the economic impact of the Omicron coronavirus variant weighed on investor sentiment. Japan's Nikkei lost 0.20 per cent while South Korea's Kospi fell 0.11 per cent.
Mainland Chinese shares, though, were mixed, with Shanghai's benchmark sliding 0.37 per cent but an index of blue chips edged 0.05 per cent higher.
Australia, Hong Kong and Britain are among markets closed Monday for holidays.
Tags: Indian benchmark indices opened lower weak sentiments Bajaj Finserv Asian Paints Maruti Suzuki Axis Bank RBL Bank
We are on Telegram!
JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.
Click Here!
Follow Us On:
