City
Epaper

Equity markets close flat, metals and PSU banks drag

By ANI | Updated: June 1, 2021 16:40 IST

Equity benchmark indices wiped out early gains to close flat on Tuesday with metal and banking stocks leading the fall.

Open in App

Equity benchmark indices wiped out early gains to close flat on Tuesday with metal and banking stocks leading the fall.

At the closing bell, the BSE S&P Sensex was down by 3 points at 51,935 while the Nifty 50 shed 8 points to 15,575.

Sectoral indices at the National Stock Exchange were mixed with Nifty private bank slipping by 0.9 per cent, PSU bank by 0.6 per cent and metal by 0.8 per cent. But Nifty IT and pharma were in the green by slim margins.

Among stocks, JSW Steel and Tata Steel cracked by 2.2 per cent each to close at Rs 695 and Rs 1,100.70 per share respectively.

ICICI Bank was down by 1.8 per cent, Axis Bank and Kotak Mahindra Bank by 0.7 per cent each, Asian Paints by 1.7 per cent, SBI Life by 1 per cent and Hero MotoCorp by 0.9 per cent.

However, Adani Ports gained by 3.8 per cent, ONGC by 3.4 per cent and Bajaj Finance by 2.6 per cent.

Meanwhile, Asian stock markets rose ahead of European and US data this week that will likely offer clues on the health of the global economy.

Hong Kong stocks ended 1.08 per cent higher as tech heavyweights rebounded. South Korea's index jumped 0.56 per cent after the country's exports logged their sharpest expansion in 32 years in May.

But Japan's Nikkei closed 0.16 per cent lower.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: BSE SENSEXusniftyHong Kong
Open in App

Related Stories

BusinessStock Market Today: Sensex Falls 1,100 Points, Nifty Slides Below 22,500

InternationalLaGuardia Airport Plane Accident: At Least 2 Killed, Several Injured After Air Canada Express CRJ-900 Collides With Fire Truck on Runway

BusinessStock Market Today: Sensex Tops 76,200, Nifty Near 23,650 as Markets Extend Gains for Third Day

InternationalUS-Israel-Iran War: Japan, Germany, France Show Caution Over Trump’s Strait of Hormuz Warship Plan

InternationalUK Watchdogs Urge Social Media Giants To Stop Children Accessing Platforms

Maharashtra Realted Stories

MaharashtraNagpur: Body of Unidentified Man Recovered from Futala Lake, Police Launch Investigation

MumbaiMumbai Police Trace Over 1,500 Missing and Stolen Mobile Phones, Hand Them Back to Owners

PunePune Accident: Minor Girl Dies After Being Run Over by Car While Parking in Shed

MumbaiMumbai: Speeding Car Kills 65-Year-Old in Matunga, Damages Multiple Vehicles

Navi MumbaiNavi Mumbai: Elderly Man Duped of Rs 1.54 Crore in ‘Digital Arrest’ Fraud in Panvel, Probe On