Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Indexes
  3. World
  4. SENSEX 30
  5. News
  6. Summary
       XC0009698199

SENSEX 30

SummaryQuotesChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsOther languagesNews of the index components

Sensex, Nifty snap three-day rally as metals, financials slide

03/04/2021 | 05:36am EDT
A bird flies past the Bombay Stock Exchange building in Mumbai

BENGALURU (Reuters) - Indian shares ended lower on Thursday, snapping a three-day rally, dragged down by metal and financial stocks, as rising U.S. bond yields sapped investor appetite for equities globally.

The NSE Nifty 50 index closed down 1.08% at 15,080.75, while the S&P BSE Sensex settled 1.16% lower at 50,846.08.

"Today's move is in line with world markets sparked by rising (U.S. bond) yields and we are seeing some correction," said Anita Gandhi, director at Arihant Capital Markets in Mumbai.

The MSCI world equity index slipped 0.5%, as concerns about rising U.S. bond yields triggered another market rout after roiling global stock markets last week.

Indian shares had recovered from the previous week's sell-off at the start of the week, thanks to positive news around the country's COVID-19 vaccination drive and upbeat domestic economic growth data.

However, 12 of the 14 major nifty sub-indexes finished Thursday's session in the red.

The Nifty metal index slipped the most, closing down 2.13%, erasing some of the meaty gains notched earlier this week. It is, however, up more than 22% this year.

Private sector lenders HDFC Bank and Housing Development Finance Corp were the top drags to the Nifty, slipping 2.2% and 2.7%, respectively.

The private-sector bank index ended a three-day rally, to close down 1.27%. Still, the index is up 3.4% this week.

However, the Nifty media index closed up 1.6%, led by a 4.18% gain in cinema hall operator Inox Leisure while peer PVR added 3.71%.

The Nifty's Smallcap100 and Midcap 50 indexes extended gains to close up 1.17% and 0.49%, respectively. Both have advanced about 20% each so far this year, outperforming the benchmark index.

(Reporting by Chandini Monnappa in Bengaluru; Editing by Ramakrishnan M.)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED -0.09% 2812.6 End-of-day quote.9.93%
INOX LEISURE LIMITED -0.07% 304.35 End-of-day quote.7.68%
MSCI WORLD -0.16% 3122.573 Real-time Quote.15.84%
SENSEX 30 0.71% 59141.16 Real-time Quote.22.98%
All news about SENSEX 30
01:19aIndian shares scale peaks, eye 2% weekly jump as banks extend rally
RE
09/16TRACKINSIGHT : India’s stock market surpasses France in market capitalisat..
TI
09/16Indian Indices Settle Higher on Thursday; Vodafone Idea Soars 27%
MT
09/16Asian Stock Markets Choppily Lower on China Regulatory and Property Outlook
MT
09/16SENSEX 30 : Indian Benchmarks Extend Gains on Thursday
MT
09/16VODAFONE IDEA : Indian shares extends record rally; Vodafone Idea surges
RE
09/16Telecom Companies Welcome India's Relief Package for Embattled Sector
MT
09/16Indian shares perched at record highs on banking, consumer good boost
RE
09/16SENSEX 30 : Indian Government Eyes $109 Billion Valuation in State-Owned Insurer..
MT
09/15Indian Benchmarks Settle in Green Midweek; NTPC Soars 7%
MT
More news
News of the index components SENSEX 30
01:11aINFOSYS : Bags Contract from US-Based Frost Bank
MT
09/16INFOSYS : to Design Frost Bank's Mortgages Platform
MT
09/16INFOSYS : Frost Bank Selects Infosys as Strategic Partner to Launch New Mortgage..
PU
09/16TCS AMONG TOP 4 SUPPLY CHAIN SERVICE : HFS Research
AQ
09/16HCL TECHNOLOGIES : and Finastra Expand Partnership to Drive Financial Transforma..
AQ
09/16MAHINDRA AND MAHINDRA : & Launches New Series of Light Commercial Vehicles
MT
09/15RELIANCE INDUSTRIES : Media Release by Reliance Jio Infocomm Limited, a subsidia..
PU
More news
Chart SENSEX 30
Duration : Period :
SENSEX 30 Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SENSEX 30
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Top / Flop SENSEX 30
Heatmap :