May 18, 2024

Report Wire

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Market Highlights: Sensex slips 89 factors, Nifty ends at 17,223 as banks and financials drag

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Share/Stock Market Highlights: The frontline fairness indices on the BSE and National Stock Exchange (NSE) fell for the second consecutive session and ended marginally decrease on Thursday weighed by banking and monetary shares.

The S&P BSE Sensex fell 89.14 factors (0.15 per cent) to settle at 57,595.68 whereas the Nifty 50 declined 22.90 factors (0.13 per cent) to finish at 17,222.75. Both the indices had opened over 0.6 per cent decrease however later turned rangebound because the session progressed.

On the Sensex pack, Kotak Mahindra Bank was the highest loser on Thursday slipping over 3 per cent. It was adopted by Titan Company, HDFC Bank, ICICI Bank, Housing Development Finance Coporation (HDFC), Mahindra & Mahindra (M&M) and Maruti Suzuki India. On the opposite hand, Dr. Reddy’s Laboratories, Ultratech Cement, Tech Mahindra, Reliance Industries (RIL), Tata Steel and NTPC.

(with inputs from businesses)

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