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Stock Market Today: Sensex, Nifty Close Lower As Commodities, Banks Retreat

Stock Market Today: Sensex, Nifty Close Lower As Commodities, Banks Retreat
Employees enter the National Stock Exchange of India Ltd. (NSE) building in Mumbai, India.[Photographer: Dhiraj Singh/Bloomberg]
3 years ago
The S&P BSE Sensex closed down 361 points or 0.62% at 57,204.10 while the NSE Nifty 50 was 112 points or 0.65% lower at 16,98

  • Air passenger traffic rises 57% year-on-year to 1.21 crore in February.

  • Market share of airlines in February Vs January (2023):

  • IndiGo at 55.9% Vs 54.6%

  • Air India at 8.9% Vs 9.2%

  • Vistara at 8.7% Vs 8.8%

  • Go First at 8.0% Vs 8.4%

  • SpiceJet at 7.1% Vs 7.3%

  • AirAsia India at 7.0% Vs 7.4%

  • Source: DGCA

The broader market indices ended lower; S&P BSE MidCap was down 1.50% whereas S&P BSE SmallCap was lower by 1.05%.

All the 19 sectors compiled by BSE declined, with S&P BSE Metal, S&P BSE Realty declining the most in trade. .

The market breadth was skewed in the favour of the sellers. About 989 stocks rose 2,433 declined, and 125 remained unchanged on the BSE.

  • Glenmark Pharmaceuticals Ltd. has received final approval by the United States Food and Drug Administration for Prochlorperazine Maleate Tablets USP, 5 mg and 10 mg.

  • These tablets are a generic version of Compazine 1 Tablets, 5 mg and 10 mg, of GlaxoSmithKline.

  • Compazine tablets, 5 mg and 10 mg market achieved annual sales of approximately $26.9 million (Rs 221.9 crore) in the 12-month period ending January 2023.

  • Source: Exchange Filing

At pre-open, the S&P BSE Sensex was down 216 points or 0.37% at 57,773.52 while the NSE Nifty 50 was 34 points or 0.20% lower at 17,066.60.

Source: Bloomberg

The local currency strengthened by 5 paise to open 82.50 against the greenback on Monday. It closed at 82.55 on Friday.

Source: Bloomberg

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