Sensex Ends 355 Points Lower; Hindalco And IndusInd Bank Among Top Nifty Losers

Indian share markets witnessed volatile trading activity throughout the day today and ended lower.

Continued selling in global markets pushed benchmark indices lower today.

The rising COVID cases in the US and UK due to the Delta variant, inflation concerns, and concerns about growth coming below consensus expectations are the few reason for the fall in markets today.

At the closing bell, the BSE Sensex stood lower by 355 points (down 0.7%).

Meanwhile, the NSE Nifty closed lower by 120 points (down 0.8%).

Asian Paints and UltraTech Cement were among the top gainers today.

Hindalco and IndusInd Bank, on the other hand, were among the top losers today.

The SGX Nifty was trading at 15,631, down by 111 points, at the time of writing.

The BSE Mid Cap index and the BSE Small Cap index ended down by 1.3% and 1.4%, respectively.

All sectors ended the day on a negative note. Banks, metals, realty, telecom, and power stocks were among the biggest drags.

Shares of Berger Paints and Ambuja Cement hit their respective 52-week highs today.

Asian stock markets ended on a negative note today as growing fears of the spreading Delta variant would harm the global economic recovery.

The Hang Seng and the Shanghai Composite ended the day down by 0.8% and 0.1%, respectively.

The Nikkei ended down by 1% in today's session.

US stock futures are trading on a positive note today with the Dow Futures trading up by 168 points.

The rupee is trading at 74.62 against the US$.

Gold prices for the latest contract on MCX are trading on a flat note today at Rs 48,079 per 10 grams.

In news from the IT sector, HCL Technologies was among the top buzzing stocks today.

Shares of HCL Technologies dipped 3% at Rs 970 on the BSE in intra-day trade today after the company's quarterly revenue growth misses street estimates.

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Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research ...

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