The benchmark indices Nifty 50 and Sensex slipped 0.56% and 0.62% to 22,147 and 72,943, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹4,468 crore, while domestic investors bought shares worth ₹2,040 crore.
On the sectoral front, Nifty Media, Nifty Oil and Gas, Nifty FMCG, and Nifty Pharma ended in the green, while Nifty IT, Nifty PSU Bank, Nifty Private Bank, and Nifty Bank closed in the red. The top gainers were Motherson Sumi, Eicher Motors, HAL, and Adani Power, which showed positive movement. On the other hand, Infosys, Mindtree, PNB, and IndusInd Bank were the top losers of the day.
Exide Industries and Sterlite Technologies were in the news on April 16, 2024.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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