Investors book profit day ahead of RBI policy outcome; Sensex falls 568 pts
CLOSING BELL: The NSE Nifty50, held the crucial 16,400-mark to shut shop at 16,416, down 153 points
 "MARKET LIVE: Sensex down 600 pts, Nifty tests 16,400; RIL, Airtel off lows")
CLOSING BELL
Stock market highlights: Benchmark indices ended 1 per cent lower on Tuesday as investors booked profit in equities a day ahead of the RBI's monetary policy outcome. The 10-year government bond yield, meanwhile, ended 0.4 per cent up at 7.53 per cent.
The S&P BSE Sensex fell 793 points intra-day before closing 568 points lower at 55,107. The NSE Nifty50, held the crucial 16,400-mark to shut shop at 16,416, down 153 points.
Consumer durables, realty, IT, and financials were among the worst hit pockets with Titan, UPL, Dr Reddy's Labs, Britannia, L&T, HUL, Asian Paints, Bajaj Finance, TCS, ICICI Bank, Bajaj Finserv, Infosys, and Tech M sheding between 1.5 per cent and 4.5 per cent.
Stock market highlights: Benchmark indices ended 1 per cent lower on Tuesday as investors booked profit in equities a day ahead of the RBI's monetary policy outcome. The 10-year government bond yield, meanwhile, ended 0.4 per cent up at 7.53 per cent.
The S&P BSE Sensex fell 793 points intra-day before closing 568 points lower at 55,107. The NSE Nifty50, held the crucial 16,400-mark to shut shop at 16,416, down 153 points.
Consumer durables, realty, IT, and financials were among the worst hit pockets with Titan, UPL, Dr Reddy's Labs, Britannia, L&T, HUL, Asian Paints, Bajaj Finance, TCS, ICICI Bank, Bajaj Finserv, Infosys, and Tech M sheding between 1.5 per cent and 4.5 per cent.
On the upside, the Nifty Auto, and Oil and Gas indices settled in the green, with ONGC, Coal India, Maruti Suzuki, NTPC, Tata Motors, Hero MotoCorp, M&M, Bajaj Auto, and BPCL leading from the front.
In the broader market, the BSE MidCap and SmallCap indices dropped up to 0.88 per cent.
Global markets
Global stock markets were mixed Tuesday after a bond sell-off on Wall Street fuelled anxiety about a possible U.S. economic slowdown and Australia raised interest rates. London, Shanghai and Hong Kong declined. Frankfurt opened higher and Tokyo gained. READ MORE
No article available in this category.
Topics : MARKET LIVE BSE Sensex sensex nifty BSE NSE Market trends MARKET WRAP listing Stock to watch Buzzing stocks Indian markets RBI Policy Midcap smallcap stocks SBI Cards Tata Power NMDC stock Nifty IT stocks auto stocks
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jun 07 2022 | 8:07 AM IST
