Sensex, Nifty slide in red; banking, FMCG stocks slump

ANI
14 Jan 2022, 14:48 GMT+10

Mumbai [India], January 14 (ANI): The Indian equities markets benchmark Sensex and Nifty fell in the negative on Friday due to selling pressure in banking, auto and FMCG stocks.

The 30 stock SP Sensex of the Bombay Stock Exchange was trading at 61,139.29 points at 1.50 pm, which is 96.01 points or 0.16 per cent lower when compared with its previous day's close at 61,235.30 points.

Earlier the Sensex opened sharply down at 61,040.32 points and slumped to a low of 60,757.03 points.

The broader Nifty 50 of the National Stock Exchange was trading at 18,246.55 points, which is 0.06 per cent or 11.25 points down from its previous day's close at 18,257.80 points.

There was selling pressure in banking stocks. Axis Bank slumped 2.59 per cent to Rs 721.25. State Bank of India fell 0.70 per cent to Rs 507.70.

Asian Paints 2.83 per cent down at Rs 3358.85; Hindustan Unilever 1.99 per cent down at Rs 2367.95; Nestle India 1.67 per cent down at Rs 19347.90; Bharti Airtel 1.51 per cent down at Rs 720.50; HDFC 1.49 per cent down at Rs 2714.50 and Wipro 1.32 per cent down at Rs 641.85 were among the major Sensex losers.

There was good buying support in IT stocks. Infosys surged 1.48 per cent to Rs 1925. TCS jumped 0.96 per cent to Rs 3935.19.

Other major Sensex gainers were: LT 1.49 per cent higher at Rs 2048.25; HDFC Bank 0.87 per cent higher at Rs 1541.95; NTPC 0.48 per cent higher at Rs 135.60; Kotak Bank 0.40 per cent higher at Rs 1934.50 and Tech Mahindra 0.32 per cent higher at Rs 1724.45. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Malaysia Sun.

More Information

null in null

Southeast Asia

Section

New Zealand trio ruled out of T-20 series aginst Sri Lanka

New Delhi [India] March 11 (ANI): Injuries have sidelined wicketkeeper-batter Isabella Gaze, seamer Hayley Jensen, and batter Bella...

KL Rahul tears out horrific Ahmedabad chapter, turns over new leaf with relief, redemption in Dubai

New Delhi [India], March 11 (ANI): Venue- Ahmedabad's Narendra Modi Stadium. Date- November 19, 2023. India had surrendered the 2023...

Paank condemns enforced disappearances of Baloch citizens by Pak forces

Balochistan [Pakistan], March 11 (ANI): Paank, the human rights department of Baloch National Movement has strongly condemned the ongoing...

Delhi police arrests 5 Bangladeshi nationals from Sadar Bazar, Outer district for illegal stay

New Delhi [India], March 11 (ANI): Five Bangladeshi nationals were arrested by the Delhi police from different areas of the city for...

Former Philippines President Rodrigo Duterte arrested over ICC warrant for crimes against humanity

Manila [Philippine], March 11 (ANI): Former Philippine President Rodrigo Duterte was arrested on Tuesday in Manila on an International...

Nifty lost 130 points, Sensex down by 417 points in opening session after strong sell-off in U.S. markets

Mumbai (Maharashtra) [India], March 11 (ANI): Indian stock markets declined sharply during the opening session on Tuesday following...

Business

Section