On Monday, Indian market indices erased early gains to close substantially down, owing to fears over growing instances of the Omicron virus in Europe and global inflation.
Sensex fell 503.25 points or 0.86% to 58,283.42 and Nifty was down by 143.05 points or 0.82% to 17,368.25 in the previous session. The Sensex touched high and low of 59,203.37 and 58,242.80, respectively and there were 7 stocks advancing against 23 stocks declining on the index while Nifty traded in a range of 17,639.50 and 17,355.95 and there were 15 stocks advancing against 35 stocks declining on the index.
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The broader indices ended mixed; the BSE Midcap index fell 0.53%, while the Small cap index was up by 0.24%. The lone gaining sectoral indices on the BSE were Consumer Durables up by 0.01%, while Energy down by 1.75%, Realty down by 1.24%, Oil & Gas down by 1.23%, FMCG down by 0.86%, PSU down by 0.72% were the top losing indices on BSE.
Agro Phos India, Astec LifeSciences, Rajdarshan Industries, Parsvnath Developers, BCL Industries, and Mold-Tek Packaging made a fresh 52-week high yesterday.
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Nazara Technologies material subsidiary NODWIN Gaming which is South Asia’s leading esports company has announced that it has acquired a strategic 10 percent stake in the digital content IP media network Rusk Media. Rusk Media is India’s exclusive Gen-Z first digital content IP network.
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Rajdarshan Industries and Indo Thai Securities froze at 10 percent upper circuit today. CG Power and Industrial Solutions Limited, Borosil Renewables, and Tata Teleservices (Maharashtra) hit a 5 percent upper circuit Monday.
FSN E-commerce Ventures has recently announced the addition of Nykaa SKINRX to its portfolio of consumer brands, thereby strengthening its offering with the launch of four new serums.
BAJAJCON, GSPL, MFSL, VARROC recovered from their lows.
