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Sensex, Nifty settle lower amid weak global markets

Sensex falls 168.08 points to end at 59,028.91; Nifty dips 31.20 points to 17,624.40.

Sensex, Nifty settle lower amid weak global markets
Sensex, Nifty settle lower amid weak global markets
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Published : Sep 7, 2022, 3:49 PM IST

Updated : Sep 7, 2022, 4:15 PM IST

Mumbai: Benchmark BSE Sensex and Nifty ended lower on Wednesday, dragged down by losses in banking stocks amid weak global market trends. The 30-share Sensex declined by 168.08 points or 0.28 per cent to settle at 59,028.91. During the day, it fell 474.1 points or 0.80 per cent to 58,722.89. The broader NSE Nifty dipped 31.20 points or 0.18 per cent to 17,624.40. From the Sensex pack, IndusInd Bank, Mahindra & Mahindra, Maruti, Bharti Airtel, State Bank of India, Tata Steel, ICICI Bank and HDFC were major laggards. UltraTech Cement, Tata Consultancy Services, Sun Pharma, Wipro and Bajaj Finance were among the gainers.

Elsewhere in Asia, markets in Seoul, Tokyo and Hong Kong ended lower, while Shanghai settled in the green. Equities in Europe were mainly trading lower during the mid-session deals. The US markets had ended in negative territory on Tuesday. Meanwhile, the international oil benchmark Brent crude rose by 0.99 per cent to USD 93.75 per barrel. Foreign institutional investors (FIIs) were net buyers as they bought shares worth Rs 1,144.53 crore on Tuesday, per exchange data. (PTI)

Mumbai: Benchmark BSE Sensex and Nifty ended lower on Wednesday, dragged down by losses in banking stocks amid weak global market trends. The 30-share Sensex declined by 168.08 points or 0.28 per cent to settle at 59,028.91. During the day, it fell 474.1 points or 0.80 per cent to 58,722.89. The broader NSE Nifty dipped 31.20 points or 0.18 per cent to 17,624.40. From the Sensex pack, IndusInd Bank, Mahindra & Mahindra, Maruti, Bharti Airtel, State Bank of India, Tata Steel, ICICI Bank and HDFC were major laggards. UltraTech Cement, Tata Consultancy Services, Sun Pharma, Wipro and Bajaj Finance were among the gainers.

Elsewhere in Asia, markets in Seoul, Tokyo and Hong Kong ended lower, while Shanghai settled in the green. Equities in Europe were mainly trading lower during the mid-session deals. The US markets had ended in negative territory on Tuesday. Meanwhile, the international oil benchmark Brent crude rose by 0.99 per cent to USD 93.75 per barrel. Foreign institutional investors (FIIs) were net buyers as they bought shares worth Rs 1,144.53 crore on Tuesday, per exchange data. (PTI)

Last Updated : Sep 7, 2022, 4:15 PM IST
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