Bajaj twins, IT shares drag Sensex 195 pts, Nifty near 22,350; TaMo up 3.6%
Stock market highlights on March 5, 2024: Tata Motors advanced 3.58 per cent, Bharti Airtel added 3 per cent, and SBI 1.6 per cent
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Photo: Bloomberg
Closing Bell on Tuesday, March 5: Equity markets were weak on Tuesday following tepid global mood, and profit booking in IT shares. The S&P BSE Sensex dropped 195 points, or 0.26 per cent, to end at 73,677 levels, while the Nifty50 closed at 22,356, lower by 49 points or 0.22 per cent.
Bajaj Finance and Bajaj Finserv were the top laggards on the 30-share benchmark with 4 per cent decline each, followed by Nestle India, Infosys, TCS, Ultratech Cement, Wipro, HCL Tech, HUL, L&T, and Tata Steel.
On the upside, Tata Motors advanced 3.58 per cent, Bharti Airtel added 3 per cent, and SBI 1.6 per cent.
In the broader markets, the BSE MidCap and SmallCap indices, too, ended 0.17 per cent and 0.63 per cent weak, respectively.
Among sectors, the Nifty IT index slipped 1.6 per cent, the Nifty Media 1.4 per cent, and the Nifty FMCG 1 per cent. On the upside, the Nifty Auto rallied 1.3 per cent.
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Bajaj Finance tumbles 5%, hits 10-month low; extends YTD weakness to 15%
Shares of Bajaj Finance saw a sharp downturn in the second half of the session on Tuesday, falling 4.9 per cent. The stock fell to its lowest level since May 3, 2023. READ MORE
3:49 PM
Market breadth was negative for the 2nd straight day; 2,575 stocks declined v/s 1,266 advancing shares on BSE
3:47 PM
Sectoral ALERT:: Nifty PSU Bank index soars 2.5%; IOB, UCO Bank lead
3:45 PM
BSE Smallcap Heatmap:: CGCL, PNB Gilts top movers; IIFL group stocks crack
3:43 PM
BSE Midcap Heatmap:: IOB, UCO Bank, Solar Inds rally up to 10%; PEL, PolicyBazaar dip 4%
3:41 PM
Broader Market Check:: SmallCap indices take a stronger knock; India VIX dips 4%
3:39 PM
Nifty Top 5 Movers & Shakers:: Tata Motors, Bharti Airtel shine; Bajaj twins whine
3:37 PM
Sensex 30 Heatmap:: 11 Gainers v/s 19 Losers
3:35 PM
CLOSING BELL:: NSE Nifty50 settles 49 pts lower at 22,356
3:34 PM
CLOSING BELL:: S&P BSE Sensex snaps 4-day winning run, ends 195 pts in red
Topics : Stock Market Sensex MARKET LIVE MARKET WRAP stock market trading Markets Sensex Nifty BSE Market news Gift Nifty
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First Published: Mar 05 2024 | 7:40 AM IST