Trade tensions dent indices; equities slip for third consecutive day


Mumbai, Sep 19 (IANS): Broadly negative global cues on the back of escalation in trade tensions dragged the key Indian equity indices into the red on Wednesday.

On a provisional basis, the two key indices closed in the negative territory for the third consecutive session, with the S&P BSE Sensex losing over 150 points.

Additionally, the NSE Nifty50 dropped around 50 points to end below the 11,300 mark.

Sector-wise, heavy selling pressure was witnessed in banking, FMCG and consumer durables counters.

At 3.30 p.m., the wider NSE Nifty50 provisionally closed at 11,234.35 points, lower by 44.55 points or 0.39 per cent from the previous close of 11,278.90 points.

The S&P BSE Sensex, which had opened at 37,432.93 points, provisionally closed at 37,121.22 points, lower by 169.45 points or 0.45 per cent from the previous close of 37,290.67 points.

It touched a high of 37,530.63 points and a low of 37,062.69 points during the day's trade.

  

Top Stories


Leave a Comment

Title: Trade tensions dent indices; equities slip for third consecutive day



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.