March 5, 2021 12:10 PM
Domestic stock markets, which Break For Consecutive Gains, suffered heavy losses on Thursday. International markets also faced selling pressure. The Sensex, which started the day at a low of 50,711 points, remained in the red throughout the day. Benchmark equity indices of BSE and National Stock Exchange (NSE) fell more than 1 per cent today.
The Sensex touched an intraday high of 51,245 and a low of 50,550. Break For Consecutive Gains It finally lost 600 points and closed at 50,846.08. The Nifty also lost 164.80 points to settle at 15,080.
Today, the rupee is trading at 72.83 against the dollar. Shares of Reliance Industries (RIL), ICICI Bank, JSW Steel, Hindalco Industries, HDFC, Tata Steel and Tata Motors were the biggest losers. Shares of Ultratech Cement, Shree Cements, Adani Ports, Grasim Industries and Dr Reddy’s Labs gained.
Share market indices settled 2% higher in the extended trading session on Wednesday, amid positive global equities. Ending near record highs, Sensex closed 1,030 points higher at 50,781 and Nifty gained by 274 points to end at 14,982. Last Tuesday, Sensex hit a record high of 52,516 and Nifty hit a lifetime high of 15,431.
The market breadth was strong on the BSE, with 1782 shares rising and 1124 shares falling, and a total of 165 shares unchanged. Sectorally, except for IT and pharma index, all the other indices ended with decent gains.
Private, PSU Bank and financial indices closed 3% higher today. NSE Nifty reopened at 14,781.20 today and extended trading from 3.45 pm to 5pm. BSE equity and equity derivatives markets will also remain open till 5 pm today as decided jointly between exchanges today. All F&O MIS positions will get squared off at 4.15 pm and all F&O CO positions will forcibly be squared off by 4pm.Yesterday.