.Securities Market Features on Wednesday, September 4, 2024: Benchmark equity marks ended in red, along with Nifty50 losing hope its 14-day winning streak, on Wednesday, analyzed by negative international sentiments.The BSE Sensex dropped 202.80 spots or 0.25 percent to clear up at 82,352.64, while the NSE Nifty50 lost 81.15 spots or 0.33 per cent to end at 25,198.70 on Wednesday.31 out of 50 component stocks of Nifty50 finished lower, pulled through Wipro, Coal India, ONGC, Hindalco, and LTIMindtree with losses of as much as 3.05 per cent. In The Meantime, Oriental Paints, Grasim Industries, Hindustan Unilever, UltraTech Concrete, as well as Sunlight Pharma led the gains of as much as 2.50 per-cent amongst the various other constituent stocks on the mark.Similarly, on the BSE, 19 away from 30 provided sells of Sensex finished in the red, tugged through Mahindra & Mahindra, ICICI Banking Company, Condition Financial Institution of India, and also Center Banking company with a loss of as much as 1.29 percent. In The Meantime, Asian Paints, Hindustan Unilever, as well as Ultratech Cement were actually among 11 supplies that finished along with gains of as much as 2.39 percent.More comprehensive indices likewise cleared up lower except for select Midcap, and Smallcap sells.
The Nifty Smallcap index reached a document high during the course of intra-day deals nevertheless, it pulled away to end on a level note.Among the sector marks, IT, PSU Bank, Car, Financial Services, as well as Steel led the losses with a loss of up to 1.69 per cent, while FMCG, Pharma, Media, Real Estate, as well as Health care squeezed out gains of approximately 1.09 percent. The Banking company Nifty mark popped its own four-session gaining touch, debased through Federal Financial Institution, as well as Financial Institution of Baroda, which led the losses..The Nifty IT index declined for the second session, primarily dragged down by Wipro. In the meantime, the Nifty PSU Bank mark additionally declined for the second session, with Bank of India, and Punjab Sind Financial institution being the leading sectoral losers.