ANI
04 May 2021, 16:57 GMT+10
Mumbai (Maharashtra) [India], May 4 (ANI): Key equity indices were on a downward swing on Tuesday as the fear of continuous rise in Covid cases and extended lockdowns in various states capped market sentiment.
Investors said the strong quarterly earnings season have been supportive but poor progress on the vaccination front dented market sentiments.
The BSE SP Sensex closed 465 points or 0.95 per cent lower at 48,254 while the Nifty 50 tumbled by 138 points or 0.94 per cent to 14,497.
Except for Nifty PSU bank which jumped by 3.4 per cent, all sectoral indices at the National Stock Exchange were in the negative terrain.
Among stocks, Tata Consumer Products dipped by 4.3 per cent to Rs 648 per share and Reliance Industries lost by 2.1 per cent to wind up the day at Rs 1,918.
Cipla was down by 3.1 per cent, Dr Reddy's by 2.1 per cent and Sun Pharma by 2 per cent. The other major losers were Hindalco, HDFC, HDFC Bank and Infosys.
However, those which gained were SBI Life, ONGC, Adani Ports, Bajaj Finance and Kotak Mahindra Bank.
Meanwhile, Asia's share markets were mostly higher as regional equity investors looked to signs of recovery from the coronavirus pandemic while major economies around the world reopen.
Hong Kong's Hang Seng Index was 0.7 per cent higher while South Korea's Kospi moved up by 0.64 per cent. Japan and mainland China's markets remained closed for holidays, dampening trading volumes across the region.
(ANI)Get a daily dose of Australian Herald 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 Australian Herald.
More InformationDOVER, Delaware: California Governor Gavin Newsom has taken legal aim at Fox News, accusing the network of deliberately distorting...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
TORONTO, Canada: Harvard University and the University of Toronto have created a backup plan to ensure Harvard graduate students continue...
JERUSALEM, Israel: Israeli Prime Minister Benjamin Netanyahu says that Israel's success in the war with Iran could open the door to...
NEW DELHI, India: India has decided not to allow a United Nations (UN) investigator to join the investigation into the recent Air India...
BONN, Germany: Despite widespread belt-tightening across the United Nations, nearly 200 countries agreed this week to increase the...
SYDNEY, NSW, Australia - , Australian Federal Police (AFP) have shut down a secret drug lab in Sydney's west and seized more than 100kg...
Bridgetown [Barbados], June 30 (ANI): Australia's talismanic batter Steve Smith has come out in defence of batting coach Michael Di...
New Delhi [India], June 30 (ANI): Cricket's fiercest competitors are back in action as Brett Lee, Chris Lynn, and Shaun Marsh lead...
Canberra [Australia], June 30 (ANI): Australian Minister for Foreign Affairs, Penny Wong, on Sunday said that she will visit Washington...
Bridgetown [Barbados], June 30 (ANI): Australia batter Steve Smith remains optimistic about recovering in time to make his return from...
The shift to clean, renewable sources of energy presents a rare opportunity for First Nations people, not only as energy users but...