Sensex,Nifty Snaps 3-Day Winning Streak,ahead of F&O Expiry,end of FY24

Ira Singh
Khabar Khabaron Ki,26 Mar’24

The domestic equity benchmark indices snapped a three-day bull run to trade lower on Tuesday,as volatility rose ahead of monthly F&O expiry.At close, the Sensex was down 361.64 points or 0.50 percent at 72,470.30, and the Nifty was down 92.05 points or 0.42 percent at 22,004.70. About 1355 shares advanced, 2447 shares declined, and 122 shares unchanged.

Bajaj Finance, Hindalco Industries, Britannia Industries, Adani Ports and L&T were among the top gainers on the Nifty, while losers included Power Grid Corporation, Eicher Motors, Bharti Airtel, Kotak Mahindra Bank and Wipro.

On the sectoral front, bank and Information Technology index down 0.5 percent each, while capital goods, realty, oil & gas, metal up 0.5-1 percent. BSE Midcap index rose 0.7 percent and smallcap index ended flat.

Rupee Close:
On 26 Mar’34,the Indian rupee recovered from its all-time low level and appreciated 29 paise to 83.32 against the US dollar in early trade on Tuesday.

Forex, equity markets were closed on Monday on account of Holi.

Trading Guide:
Market experts have recommended six day trading stocks for today- Pidilite Industries, Cummins India, ICICI Bank, Asian Paints, Shriram Properties, and India Cements.