For Quick Alerts
For Daily Alerts

Sensex Ends With Losses For Third Straight Day; TCS Drags


Benchmark indices ended the day with losses for the third straight day with the Nifty closing with losses of almost 220 points in three trading sessions.

Sensex Ends With Losses For Third Straight Day; TCS Drags
The Nifty ended with a loss of 101 points today, while the Sensex ended the day with losses of 223 points.

Leading the set of losers in trade was clearly Tata Consultancy Services which saw losses of almost 4 per cent on the back of a weakish set of data. Other IT stocks also pushed the Nifty lower including the likes of Tech Mahindra, Wipro and HCL Tech.

Private sector banking stocks also saw some losses with Axis Bank and ICICI Bank among the losers in trade. PSU banking stocks managed to hold ground with Punjab National Bank gaining after a cut in interest rates. Other PSU banking stocks which gained were State Bank of India and Bank of India.

Stocks that gained ground were some of the metal stocks like Tata Steel and Sesa Sterlite. Other metal winners were Sesa Sterlite and Hindalco.

Pharma shares which have had a solid run in the last few months saw heavy selling pressure. Lupin was down 6 per cent after Nomura downgraded the stock. Sun Pharma and Dr Reddy's were also among the losers.

Meanwhile, markets across Europe were trading with marginal gains with the German DAX, French

CAC and The UK's FTSE up.

Read more about: sensex nifty
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more