Sensex Closes 242 Pts Lower, Nifty Ends Below 9,200 Business
Updated: Thursday, May 7, 2020, 16:03 [IST]
On Thursday, the Indian stock benchmark indices ended lower after a volatile session. BSE's Sensex closed 242.37 points or 0.76 percent lower at 31,443.38 and Nifty closed 71.85 points or 0.78 down at 9,199.05.
BSE 405.55 9.45 (-2.33%)
NSE 405.40 9.2 (-2.27%)
BSE 377.30 4.2 (-1.11%)
NSE 376.85 5.3 (-1.41%)
Bharti Infratel was the biggest gainer for the day among Nifty stocks, up by 7.1 percent. On the other hand, NTPC, Kotak Mahindra Bank and ONGC were among the losers that dragged the indices lower.
NTPC closed 4.3 percent lower and Kotak Mahindra Bank fell as much as 4.5 percent during trade after it announced that it has decided to make 10 percent reduction in salaries of employees earning a CTC of Rs 25 lakh per annum or more.
Among sectors, Nifty FMCG index fell 1.4 percent, the top sectoral laggard on Thursday, followed by Nifty Bank that ended 1 percent lower.
Share This Article
Story first published: Thursday, May 7, 2020, 16:03 [IST]
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options. Click on the “Options ”, it opens up the settings page, Here click on the “Privacy & Security” options listed on the left hand side of the page. Scroll down the page to the “Permission” section . Here click on the “Settings” tab of the Notification option. A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification. Once the changes is done, click on the “Save Changes” option to save the changes. Gender
Select your Gender
Age
Select your Age Range
Click it and Unblock the Notifications
Sign in with Google