Sensex, Nifty extend losses for fifth straight day, check stock here

Market Closing Updates: Key benchmark indices fell for the fifth straight day with the broader index falling marginally on global cues.

At the close, the BSE Sensex was down 37.70 points, or 0.7 percent, to 57,107.52, while the NSE Nifty was down 8.90 points, or 0.05 percent, to 17,007.40.

Major gains on the NIfty include Shree Cement, BPCL, Eichermotors, Powergrid and Reliance Industries. On the other hand Hero Moto Corp,Tata Steel, Titan, Bajaj-Auto and Apollo hospital.

Oil & gas, telecom, and IT were the three industries that saw the biggest gains, while power, metals, and banks saw the most losses. The advance-decline ratio improved to 1.37:1, while the smallcap index outperformed, increasing 0.49 percent.

International Markets: On Tuesday, the global markets remained volatile as investors prepared for a greater chance of a recession, even as dip buyers emerged. On hopes that the government would implement additional stimulus measures, Chinese markets recovered. Through repo market operations, People's Bank of China added around USD 24.7 billion in liquidity to the industry.

Rupee Versus Dollar: The Indian rupee closed marginally up on Tuesday against a weak dollar, but it remained close to low levels. The local currency ended at 81.58 as against 81.62 at close to the previous trading session.

The dollar index, which measures the greenback's strength against a basket of 6 currencies, declined 0.36 percent to 113.608. Meanwhile,The Brent crude oil prices were trading at USD 85.66 per barrel.


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