ANI
13 Sep 2021, 18:48 GMT+10
Mumbai (Maharashtra) [India], Sep 13 (ANI): Equity benchmark indices edged lower on Monday with Reliance Industries along with select banking and IT stocks under selling pressure throughout the trading session.
At the closing bell, the BSE SP Sensex was down by 127 points or 0.22 per cent at 58,178 while the Nifty 50 dipped by 14 points or 0.08 per cent to 17,355.
Sectoral indices were mixed with Nifty private bank down by 0.5 per cent, PSU bank by 0.4 per cent and financial service by 0.2 per cent. But Nifty metal rose by 1.3 per cent and realty by 0.6 per cent.
Among stocks, index heavyweight Reliance Industries lost by 2.3 per cent to Rs 2,369.80 per share as subsidiary Jio delayed the launch of ultra low-cost smartphone.
ICICI Bank was down by 1.7 per cent, HDFC Bank by 0.8 per cent, Axis Bank by 0.4 per cent and IndusInd Bank by 0.3 per cent.
IT majors Tech Mahindra and Infosys were down by 0.3 per cent and 0.04 per cent respectively. Eicher Motors, MahindraMahindra, Hero MotoCorp and Bajaj Auto too were in the negative zone.
However, Coal India, Hindalco, Tata Steel, Bharti Airtel, Britannia and Britannia traded with a positive bias.
Meanwhile, Asian shares made a sluggish start to a week packed with major US and Chinese economic data.
Japanese shares have been on a tear as hopes for fresh stimulus from a new Prime Minister saw the Nikkei surge 4.3 per cent last week. But the Nikkei rose by 0.22 per cent ahead of the resistance barrier.
Hong Kong equities sank 1.5 per cent following another sell-off on Wall Street fuelled by fresh inflation concerns. South Koreas's Kospi was up only 0.07 per cent. (ANI)Get a daily dose of Belgium Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Belgium Sun.
More InformationLONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
DUBLIN, Ireland: Tánaiste Simon Harris has called on the United States to use every hour to reach a zero-for-zero tariff agreement...
DUBLIN, Ireland: A blind woman from Dublin says she was hurt while getting off a bus because the driver refused to pull in close to...
DUBLIN, Ireland: The Irish Nurses and Midwives Organisation (INMO) has warned that there could be a serious trolley crisis this summer...
ISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
WASHINGTON, D.C.: President Donald Trump will meet Israeli Prime Minister Benjamin Netanyahu at the White House on Monday. President...