ANI
04 May 2021, 16:57 GMT+10
Mumbai (Maharashtra) [India], May 4 (ANI): Key equity indices were on a downward swing on Tuesday as the fear of continuous rise in Covid cases and extended lockdowns in various states capped market sentiment.
Investors said the strong quarterly earnings season have been supportive but poor progress on the vaccination front dented market sentiments.
The BSE SP Sensex closed 465 points or 0.95 per cent lower at 48,254 while the Nifty 50 tumbled by 138 points or 0.94 per cent to 14,497.
Except for Nifty PSU bank which jumped by 3.4 per cent, all sectoral indices at the National Stock Exchange were in the negative terrain.
Among stocks, Tata Consumer Products dipped by 4.3 per cent to Rs 648 per share and Reliance Industries lost by 2.1 per cent to wind up the day at Rs 1,918.
Cipla was down by 3.1 per cent, Dr Reddy's by 2.1 per cent and Sun Pharma by 2 per cent. The other major losers were Hindalco, HDFC, HDFC Bank and Infosys.
However, those which gained were SBI Life, ONGC, Adani Ports, Bajaj Finance and Kotak Mahindra Bank.
Meanwhile, Asia's share markets were mostly higher as regional equity investors looked to signs of recovery from the coronavirus pandemic while major economies around the world reopen.
Hong Kong's Hang Seng Index was 0.7 per cent higher while South Korea's Kospi moved up by 0.64 per cent. Japan and mainland China's markets remained closed for holidays, dampening trading volumes across the region.
(ANI)Get a daily dose of Kolkata Sun 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 Kolkata Sun.
More InformationMOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
WASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
New Delhi [India], July 9 (ANI): The Delhi High Court on Wednesday issued notice to the Enforcement Directorate (ED) in response to...
New Delhi [India], July 9 (ANI): Two workers lost their lives after they fell unconscious while engaged in the maintenance of a carbon...