ANI
13 May 2022, 17:48 GMT+10
Mumbai (Maharashtra) [India], May 13 (ANI): The Indian stock markets' key indices, Sensex and Nifty, closed in the red for the sixth straight session on Friday dragged by heavy selling pressure in banking stocks.
The 30 stock SP BSE Sensex dipped 136.69 points or 0.26 per cent to close at 52,793.62 points against its previous day's close at 52,930.31 points.
The markets witnessed volatile trading. The Sensex opened in the positive at 53,565.74 points and rose to a high of 53,785.71 points. The markets came under heavy selling pressure in the last hour of the trade. The Sensex dipped to a low of 52,654.89 points in the intra-day.
This is the sixth straight session of losses in the country's key indices. The Sensex had slumped 1158.08 points or 2.14 per cent on Thursday.
The broader Nifty 50 of the National Stock Exchange fell 25.85 points or 0.16 per cent to 15,782.15 points against its previous day's close at 15,808 points.
The Nifty had lost 359.10 points or 2.22 per cent on Thursday.
State Bank of India was the biggest Sensex loser. SBI slumped 3.76 per cent to Rs 445.05. ICICI Bank dipped 2.65 per cent to Rs 677.45. Axis Bank fell 2.07 per cent to Rs 635.90. HDFC Bank dropped 0.93 per cent to Rs 1290.95.
Half of the 30 scrips that are part of the Sensex closed in the positive.
Sun Pharma surged 3.76 per cent to Rs 882.10. MahindraMahindra rose 2.78 per cent to Rs 888.95. Hindustan Unilever jumped 2.49 per cent to Rs 2194.35.
The index heavyweight Reliance Industries closed 1.13 per cent higher at Rs 2428.05. (ANI)Get a daily dose of Perth Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Perth Herald.
More InformationLONDON, U.K.: British oil giant Shell has denied reports that it is in talks to acquire rival oil company BP. The Wall Street Journal...
LONDON, U.K.: A little-known investment fund based in the United Arab Emirates has emerged as the most prominent public backer of U.S....
SYDNEY, Australia: Australia will not ease its strict biosecurity rules during trade talks with the United States, Prime Minister Anthony...
Washington DC [US], July 3 (ANI): American tech giant Microsoft will lay off nearly 9,000 employees, about 4 per cent of its workforce...
* Indonesia is currently the world's largest producer of nickel and holds the biggest-known reserves of the metal, an essential component...
Taipei [Taiwan], July 2 (ANI): Taipei Fubon Commercial Bank, the banking arm of Fubon Financial Holding Co., has received approval...
SYDNEY, NSW, Australia - , Australian Federal Police (AFP) have shut down a secret drug lab in Sydney's west and seized more than 100kg...
Nearly three months after a devastating earthquake struck Myanmar, the country remains trapped in a deepening crisis, compounded by...
MELBOURNE, Australia: A second embryo mix-up in just two months has pushed one of Australia's largest IVF providers back into the spotlight,...
SYDNEY, Australia: Australia will not ease its strict biosecurity rules during trade talks with the United States, Prime Minister Anthony...
Washington DC [US], July 2 (ANI): External Affairs Minister S Jaishankar on Wednesday said that the 'main objective' of Operation Sindoor...
Washington DC [US], July 3 (ANI): External Affairs Minister S Jaishankar said that the South China Sea was discussed during the Quad...