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Stock Market Updates: Sensex Drops 200 Points, Nifty Below 22,450; Mid, Smallcap Indices Outperform – Prime Time News24


Final Up to date:

Sensex As we speak: After kicking-off FY25 on a successful word, benchmark indices have been largely decrease in Tuesday’s buying and selling session.

The S&P BSE Sensex was down 200 factors at 73,820 ranges. The NSE Nifty, too, was down 32 factors at 22,429.

Among the many Sensex 30 shares, Wipro, ICICI Financial institution, Bajaj Finance and Mahindra & Mahindra have been the notable losers. Alternatively, Nestle and NTPC held marginal features.

Within the broader markets, the BSE MidCap and SmallCap indices superior 1 per cent every.

Amongst particular person shares, Aditya Birla Vogue and Retail (ABFRL) zoomed 15 per cent higher restrict at Rs 233 after the copmpany requested its administration to judge the vertical demerger of the Madura Vogue & Way of life (MFL) enterprise right into a separate listed firm.

World Cues

In a single day, the US market ended principally decrease as hopes of an early charge reduce suffered contemporary jolt after information confirmed that the US manufacturing sector grew for the primary time since September 2022. A stronger US economic system my not warrant a charge reduce quickly, consider analysts. Dow Jones slipped 0.6 per cent, the S&P 500 0.2 per cent whereas Nasdaq, nonetheless, added 0.1 per cent. In the meantime, the US 10-year bond yield jumped again above 4.30 per cent.

Nearer residence, Taiwan jumped 1 per cent, whereas Nikkei and Kospi held marginal features, whereas China indices have been in crimson.

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