For Quick Alerts
For Daily Alerts

Sensex Falls On Weak Global Cues


Benchmark indices were trading lower, as global cues, particularly from across Asia were weak. Banking stocks, which had seen a huge rally on Tuesday, began giving-up those gains.

The Sensex was last seen trading lower by 285 points, while the Nifty was down 80 points in trade. Bandhan Bank, which had seen relentless selling on Tuesday, was among the gainers, with the stock rallying more than 4 per cent.

Sensex Falls On Weak Global Cues

The top losers from the Nifty space were Bajaj Finance, Hindalco, Bajaj Finserv and Zee Entertainment. On the other hand the top gainers were Bharti Airtel, GAIL and HCL Tech.

Shares in Maruti dropped almost 2 per cent after production in March 2020 fell to 92,540 units against 1,36,201 units in March 2019.

Indiabulls Housing Finance saw its shares drop after rating agency ICRA downgraded the outlook on the long-term rating to negative.

Meanwhile, most Asian markets were trading with losses, led by the Hong Hang Sang. Indian markets are expected to be volatile and will take cues from markets around the globe.

Read more about: sensex nifty global cues
Story first published: Wednesday, April 8, 2020, 9:30 [IST]
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