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Home Business & Corporates

Profit-taking causes Sensex and Nifty to fall; IT index drops 2%.

Lagatar News by Lagatar News
September 27, 2021
in Business & Corporates
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Lagatar24 Desk

New Delhi, Sept.27: The major indices began the week on a strong note, following favourable global cues. BSE Sensex was trading at 60,280 points, up 240 points. Meanwhile, Nifty50 remained above the 17,900 barrier at 17,925. The top gainers in the 50-pack index were ONGC, Tata Motors, M&M, Maruti Suzuki, and Eicher Motors, while the top losers were Divi’s Lab, Wipro, HCL Tech, and Cipla.

The gainers in the sectoral area were headed by Nifty Bank, which touched a new high of 38,177. The index was approximately 1% higher at the time of writing. Nifty Realty, Auto, PSU Bank, and Media were among the other sectors that saw gains. IT, FMCG, and pharmaceutical equities all saw some sales.

The Nifty Midcap 100 and the Smallcap 100 both opened in positive territory, with the Nifty Midcap 100 up 0.1 percent and the Smallcap 100 up 0.3 percent, respectively. The volatility index, India VIX, increased by 3.3 percent to 17.47.

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