City
Epaper

Sensex down by 523 pts, PSU Banks Takes a Hit

By Lokmat English Desk | Updated: February 12, 2024 16:35 IST

Indian equity indices ended lower on February 12 with Nifty around 21,600, amid selling across the sectors barring IT ...

Open in App

Indian equity indices ended lower on February 12 with Nifty around 21,600, amid selling across the sectors barring IT and pharma names. At close, the Sensex was down 523 points or 0.73 percent at 71,072.49, and the Nifty was down 166.50 points or 0.76 percent at 21,616. The development comes after a strong rebound session on Friday. 

All major indices are trading were trading red but small cap and mid cap indices lost more than the key benchmark indices. The small-cap index received maximum beating as the index lost over 1000 points during the intraday trade. The small-cap index today opened lower and went on to touch an intraday low of ₹44,476 which is around 1175 points lower from its Friday close of 45,650 mark. While IT, Pharma, and Healthcare indices were able to hold their gains, rest of the indices closed deep in the red. Media, PSB, Realty, and Oil & Gas were the biggest losers, down 4.46%, 4.43%, 2.97% and 2.62%, respectively. In the broader market, the Smallcap Index closed down over 3%.Among sectors, IT, Pharma, and Healthcare indices were able to hold their gains, while rest of the indices were trading in the red. Media, PSB, Realty, and Oil & Gas were the biggest losers, down 4.21%, 4.37%, 3.12% and 2.79%, respectively.

Tags: Sensex FallShare Market NewsPsu banksnifty
Open in App

Related Stories

BusinessEmmvee Photovoltaic Shares Rebound 10% Above IPO Price After Flat Listing

BusinessPhysics Wallah Listing: Edtech Firm Shares List at 33% Premium Over IPO Price

BusinessGroww Share Price: Billionbrains Garage Ventures Stock Listed at 12% Premium

BusinessLG Electronics IPO Lists at 50% Premium to Issue Price, Makes Blockbuster Debut Ahead of Diwali 2025

BusinessTata Capital Share Price: Biggest IPO of the Year Makes Flat Listing On Stock Market

Business Realted Stories

BusinessBilateral trade to grow, investment to surge with proposed Israel FTA: Piyush Goyal

BusinessIndia, Israel may seal first phase of Free Trade Agreement: Piyush Goyal

BusinessGreenhouse gas emission permits to trade like stocks in S. Korea

BusinessIndia reaffirms climate equity and justice at UNFCCC CoP30 in Brazil

BusinessIndia reaffirms commitment to equity, climate justice and global solidarity