Stock Market LIVE Updates: Markets end lower for the third straight session
The Sensex plummeted 635 points while the NSE Nifty finished below the 18,200-mark on Wednesday as risk appetite was dampened by rising COVID cases in China and worries about future breakouts in other nations.
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New Delhi: Markets pared early gains and ended lower for the third straight session on Thursday despite largely positive global market trends, amid the release of minutes of the RBI's MPC meeting.
Thought the 30-share BSE benchmark Sensex had a positive start in the morning, it failed to carry forward the gains and declined 241.02 points or 0.39 per cent to finish at 60,826.22. During the day, it tumbled 430 points or 0.70 per cent to 60,637.24. The broader NSE Nifty dropped 71.75 points or 0.39 per cent to settle at 18,127.35.
Mahindra & Mahindra, Bajaj Finserv, IndusInd Bank, Tata Motors, Tata Steel, Larsen & Toubro, Axis Bank and NTPC were among the major laggards in the Sensex pack. UltraTech Cement, Infosys, Asian Paints, Kotak Mahindra Bank, Sun Pharma and Bharti Airtel were the on the other hand the winners.
Here are the updates on stock markets.