Sensex Today: After kicking-off FY25 on a winning note, benchmark indices were largely lower in Tuesday’s trading session.
The S&P BSE Sensex was down 200 points at 73,820 levels. The NSE Nifty, too, was down 32 points at 22,429.
Among the Sensex 30 shares, Wipro, ICICI Bank, Bajaj Finance and Mahindra & Mahindra were the notable losers. On the other hand, Nestle and NTPC held marginal gains.
In the broader markets, the BSE MidCap and SmallCap indices advanced 1 per cent each.
Among individual stocks, Aditya Birla Fashion and Retail (ABFRL) zoomed 15 per cent upper limit at Rs 233 after the copmpany asked its management to evaluate the vertical demerger of the Madura Fashion & Lifestyle (MFL) business into a separate listed company.
Global Cues
Overnight, the US market ended mostly lower as hopes of an early rate cut suffered fresh jolt after data showed that the US manufacturing sector grew for the first time since September 2022. A stronger US economy my not warrant a rate cut soon, believe analysts. Dow Jones slipped 0.6 per cent, the S&P 500 0.2 per cent while Nasdaq, however, added 0.1 per cent. Meanwhile, the US 10-year bond yield jumped back above 4.30 per cent.
Nearer home, Taiwan jumped 1 per cent, while Nikkei and Kospi held marginal gains, while China indices were in red.
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