Wednesday, 26 January, 2022
HomeANI Press ReleasesSensex dives 283 points, metal and IT stocks drag

Sensex dives 283 points, metal and IT stocks drag

Text Size:

Adani Ports slipped by 3.3 pc on Wednesday to Rs 718.55 per share

Mumbai (Maharashtra) [India], June 23 (ANI): Equity frontline indices closed lower on Wednesday after a volatile trading session with metal and IT stocks witnessing selling pressure.

The BSE S&P Sensex closed 283 points or 0.54 per cent lower at 52,306 while the Nifty 50 dipped by 86 points or 0.54 per cent to 15,687.

Except for Nifty auto, all sectoral indices at the National Stock Exchange were in the red with Nifty metal cracking by 1.1 per cent, IT by 0.9 per cent and pharma by 0.5 per cent.

Among stocks, Adani Ports slipped by 3.3 per cent to Rs 718.55 per share. Wipro dipped by 2.9 per cent, Tata Consultancy Services by 1 per cent, JSW Steel by 1.4 per cent and Tata Steel by 0.9 per cent.

However, Maruti Suzuki gained by 2.3 per cent to close at Rs 7,432.10 per share. Hero MotoCorp, Eicher Motors, Cipla, Britannia and Bajaj Finserv also traded in the green.

Meanwhile, Asian stocks traded higher following a strong performance on Wall Street overnight.

Hong Kong’s Seng Index was up by 1.79 per cent while South Korea’s Kospi gained by 0.38 per cent. But Japan’s Nikkei dipped by 0.03 per cent as transport stocks capped gains. (ANI)

This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.

Subscribe to our channels on YouTube & Telegram

Why news media is in crisis & How you can fix it

India needs free, fair, non-hyphenated and questioning journalism even more as it faces multiple crises.

But the news media is in a crisis of its own. There have been brutal layoffs and pay-cuts. The best of journalism is shrinking, yielding to crude prime-time spectacle.

ThePrint has the finest young reporters, columnists and editors working for it. Sustaining journalism of this quality needs smart and thinking people like you to pay for it. Whether you live in India or overseas, you can do it here.

Support Our Journalism

Most Popular