New Delhi: The Equity Index took four Run victory sessions on Thursday with BSE Sensex benchmarks falling more than 600 points dragged by him and realty shares amid weak global cues.
The 30-share BSE index fell 621 points or 1.03 percent to close at 59,602.
While the wider NIFTY NSE settled 179 points or 1 percent lower at 17,746.
Top Losers Inn The Sensex Pack includes Ultra Cemo, Tech Mahindra, Reliance, HCL Tech and HDFC with their shares falling as much as 2.56 percent.
Meanwhile, Bank Indusind, Bharti Airtel, Maruti and Titan are the main winners who rose to 1.74 percent.
On the NSE platform, sub-index nifty, realty, financial services fell by 1.55 percent.
“The Bulls are a bit controlled behind Covid cases that are increasing and the impact on the fourth quarter company performance because it happens to be an important quarter for India Inc.
he, and the oil and gas index leads the battle also with cement stock.
Witnessing taking advantage,” said S.
Ranganathan, research head at LKP Securities told the Reuters news agency.
Global stocks and Wall Street futures fell after investors saw a few minutes from the Federal Reserve meeting as a sign of the US Central Bank might raise interest rates faster to cool inflation.
According to the US Fed minutes from a policy meeting on December 14-15, policy makers believe that the US labor market is quite healthy and very low interest rates are no longer needed.
“…
Faster than the increase in interest rates previously from the US Fed can witness the outflow of the domestic market and can weigh on sentiment,” Securities Reliance said in a research record.
Following a large selling action on the US market, the stock exchange in Shanghai, Seoul and Tokyo ended with significant losses.
Hong Kong closed in green.
The stock market in Europe also witnessed intense selling pressure in the mid-session agreement.
Meanwhile, foreign institutional investors (FIIS) are clean buyers in the capital market, because they buy shares worth RS 336.83 Crore on Wednesday, according to the Securities Exchange data.
(With input from the agency)