- By Aditya Pratap Singh
- Tue, 18 Feb 2025 04:27 PM (IST)
- Source:JND
Stock Market Closing Bell: The domestic benchmark index settled lower on Tuesday, paring early gains as foreign capital outflows and slowing corporate earnings weighed on investor sentiment.
After a day's break, the 30-share BSE benchmark Sensex ended 29.47 points, or 0.04 per cent, lower at 75,967.39. The index fell 465.85 points, or 0.61 per cent, to 75,531.01 during the intraday trade. The NSE benchmark Nifty 50 fell 14.20 points, or 0.06 per cent, to 22,945.30.
Mahindra & Mahindra, IndusInd Bank, UltraTech Cement, Sun Pharma, Hindustan Unilever, ITC, Tata Consultancy Services and Asian Paints ended in the negative trio from the Sensex pack. Meanwhile, NTPC, Tech Mahindra, Zomato, Kotak Mahindra Bank, Power Grid and HCL Tech were among the gainers.
Foreign institutional investors offloaded equity worth Rs 3,937.83 crore on Monday, exchange data showed.
In Asian markets, Hong Kong, Tokyo and Seoul ended the day trading in the positive, while Shanghai settled in the red. Meanwhile, a majority of European markets were trading in the red.
Global benchmark Brent crude oil rose 0.73 per cent to $75.77 per barrel.
On Monday, the Sensex closed up 57.65 points, or 0.08 per cent, at 75,996.86, snapping an eight-day losing streak. The Nifty rose 30.25 points, or 0.13 per cent, to 22,959.50.
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Rupee Falls 8 Paisa
Indian currency fell 8 paise against the US dollar to settle at 86.96 (provisional). The depreciation was driven by sustained foreign fund outflows and an uptick in the US Dollar index.
At the interbank forex, the rupee opened at 86.94 and touched an intraday high of 86.91 against the greenback. It touched a low of 86.98 against the dollar before ending the session at 86.96 (provisional), down 8 paise from its previous close.
The rupee closed 17 paise lower at 86.88 against the US dollar on Monday.
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(With Inputs From PTI)
