ANI
11 May 2022, 17:55 GMT+10
Mumbai (Maharashtra) [India], May 11 (ANI): The Indian stock markets' key indices, Sensex and Nifty, were trading in the red for the fourth straight session on Wednesday dragged by selling pressure in IT, FMCG and infra stocks.
The 30 stock SP BSE Sensex was trading 411.05 points or 0.76 per cent down at 53,953.80 points at 12.30 pm, against its previous day's close at 54,364.85 points.
This is the fourth straight day of slump in the benchmark index. The Sensex had lost 105.82 points or 0.19 per cent on Tuesday.
The broader Nifty 50 of the National Stock Exchange was trading 116.85 points or 0.72 per cent down at 16,123.20 points against its previous day's close at 16,240.05 points.
There was heavy selling pressure in IT, FMCG, infra and power stocks.
Tata Steel slumped for the second straight day. The scrip was trading 2.39 per cent down at Rs 1137.50. Tata Steel had slumped 6.95 per cent on Tuesday.
The index heavyweight Reliance Industries was trading 1.06 per cent down at Rs 2447. The scrip had lost 1.74 per cent on Tuesday.
Other major Sensex losers included Bajaj Finance, NTPC, LT, Hindustan Unilever, Infosys, Wipro, Bajaj Finserv and ITC.
Only five of the 30 scrips that are part of the Sensex were trading in the positive. Kotak Bank was trading 0.94 per cent higher at Rs 1813.35. Bharti Airtel, Axis Bank, ICICI Bank and HDFC were the other Sensex gainers. (ANI)
Get a daily dose of Munich Metro 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 Munich Metro.
More InformationBERLIN, Germany: Citing Interior Ministry data, Welt am Sonntag newspaper has reported that more than 700,000 people fleeing the war ...
DOLNI MORAVA, Czech Republic: The world's longest pedestrian suspension bridge has opened at a mountain resort in the Czech Republic. ...
ZAGREB, Croatia: Croatian lawmakers have voted to allow the introduction of the euro currency in 2023. Lawmakers voted 117-13 to ...
DUBLIN, Ireland - Foreign Minister Simon Coveney has condemned "disgraceful scenes of police brutality" at the funeral of Al Jazeera ...
ISTANBUL, Turkey - Veto-wielding NATO member Turkey is voicing opposition to Sweden and Finland joining the alliance, with Turkish President ...
BRUSSELS, Belgium: Three years after the adoption of the landmark EU copyright rules, Google is set to pay 300 publishers ...
BEIJING, China: China's Foreign Ministry rebuked the U.S. for changing the wording about Taiwan on the State Department website, stressing ...
VATICAN CITY: While recovering from knee problems that have forced him to use a wheelchair last week, Pope Francis announced ...
SIALKOT, Pakistan - Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has claimed that a plot to kill him was being hatched, ...
BERLIN, Germany: Citing Interior Ministry data, Welt am Sonntag newspaper has reported that more than 700,000 people fleeing the war ...
WASHINGTON D.C.: The U.S. airline industry is pressuring the Biden administration to lift a 16-month-old regulation requiring a negative COVID-19 ...
DOLNI MORAVA, Czech Republic: The world's longest pedestrian suspension bridge has opened at a mountain resort in the Czech Republic. ...