ADVERTISEMENTREMOVE AD

Markets Sink Further As Sensex, Nifty Close With Moderate Losses 

Sensex lost 80.30 points to close at 38,564.88, while Nifty closed at 11,575.95, down 18.50 points.

Published
Business
1 min read
story-hero-img
i
Aa
Aa
Small
Aa
Medium
Aa
Large
Hindi Female

A day after Sensex plunged nearly 500 points on the back weak global cues and weakness in the Rupee, equity markets finished with losses on Tuesday, 23 April, as well.

The 30-share BSE Sensex lost 80.30 points to close at 38,564.88, while the broader 50-share NSE Nifty closed at 11,575.95, down 18.50 points.

The markets were in the green for most of the trading session on Tuesday before investors engaged in profit booking.

ADVERTISEMENTREMOVE AD

Among sectoral indices, Nifty Pharma gained more than a percent, but the auto sub-index was down more than a percent during the day’s trading.

The earnings season, coupled with the general elections are expected to drive the markets’ mood in the coming days, analysts said. "As we head into the week, Q4FY19 numbers will be watched closely by market participants," said Hemang Jani, Head - Advisory, Sharekhan by BNP Paribas told news agency PTI, adding that 2019 general election continues to remain the crucial near term event for the market.

ONGC, Sun Pharma and Bajaj Finance stocks topped the charts while Maruti, Tata Steel and Yes Bank lost the most.

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

0

Read Latest News and Breaking News at The Quint, browse for more from news and business

Topics:  Sensex   Nifty 

Speaking truth to power requires allies like you.
Become a Member
3 months
12 months
12 months
Check Member Benefits
Read More
×
×