Markets decline amid weak global trends; Sensex falls 385 points


From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards. File.

From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards. File.
| Photo Credit: Reuters

Benchmark indices Sensex and Nifty closed lower on Monday (December 16, 2024) due to weak global cues amid caution ahead of the U.S. Fed interest rate decision later this week.

The 30-share BSE benchmark Sensex declined 384.55 points or 0.47% to settle at 81,748.57. During the day, it dropped 581.84 points or 0.70% to 81,551.28.

The NSE Nifty lost by 100.05 points or 0.40% to 24,668.25.

From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.

On the other hand, IndusInd Bank, Bajaj Finance, Power Grid, Mahindra & Mahindra and Axis Bank were the gainers.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled lower.

European markets were quoting in the red. Wall Street ended mostly lower on Friday.

Meanwhile, wholesale price-based inflation declined to a three-month low of 1.89% in November on cheaper food items.

Foreign Institutional Investors (FIIs) bought equities worth ₹2,335.32 crore on Friday, according to exchange data.

Global oil benchmark Brent crude declined 0.75% to $73.91 a barrel.

The BSE benchmark Sensex jumped 843.16 points or 1.04% to settle at 82,133.12 on Friday. The Nifty climbed 219.60 points or 0.89% to settle at 24,768.30.



Source link

spot_img

More from this stream

Recomended

Amrit Bharat Station Yojana: Chhattisgarh’s 136-year-old Bhilai railway station renovatedVandalism at Allu Arjun’s residence in HyderabadAdani group stocks nosedive; Sensex, Nifty tumble amid broad-based selloffMore planes, flights, airports to brighten Indian aviation in 2025; supply chain shadows remainIn the ruins of a bombed-out church in Lebanon, there’s now a tiny Christmas treeStock market today: Sensex, Nifty bounce back in early trade after sharp fall in previous sessionRupee trades in narrow range against US dollar in early tradeUkraine says it downed 47 Russia launched drones, 25 fail to reach targetsKenya cancels projects with Adani Group amid bribery indictment in USWhatsApp will stop working on these Android phones in January 2025 see list in hindi | जनवरी 2025 से इन एंड्रॉइड फोन पर काम करना बंद कर देगा WhatsApp, लिस्ट देखेंRupee rises 6 paise to close at 84.44 against U.S. dollarDay after U.S. court rap, Adani energy firms’ stocks sink further3.7 magnitude tremor hits Kutch in Gujarat; no casualtyIndia's forex reserves see sharpest weekly drop on record, hit over four-month lowFormer Israeli spies describe attack using exploding electronic devices against Hezbollahहीरो ने डेढ़ साल ली ट्रेनिंग, बनाई दमदार बॉडी, लेकिन...Sensex, Nifty soar after BJP-led Mahayuti's win in MaharashtraBangladesh owes Tripura ₹200 crore in unpaid electricity bills: CM Manik SahaWatch: Allu Arjun’s Hyderabad home vandalisedOnline rummy: T.N. govt. must get Madras HC’s stay on ban reversed, says Anbumani