Sensex falls 465 points to settle at 48,253; Nifty closes at 14,496

Dr Reddy’s was the highest loser within the Sensex pack, shedding round 2%, adopted by Reliance Industries, Solar Pharma, HDFC twins, Infosys, M&M, and PowerGrid.

PUBLISHED ON MAY 04, 2021 03:54 PM IST

Market benchmark BSE Sensex on Tuesday tumbled 465 factors or 0.95% decrease to finish the day at 48,253, whereas Nifty declined 137.65 factors (0.94% decrease) and closed at 14,496. Sensex tracked losses in index heavyweights Reliance Industries, HDFC twins, and Infosys regardless of a constructive pattern in international equities.

Dr Reddy’s was the highest loser within the Sensex pack, shedding round 2%, adopted by Reliance Industries, Solar Pharma, HDFC twins, Infosys, M&M, and PowerGrid.

However, ONGC, Bajaj Finance, TCS, Nestle India, and SBI had been among the many gainers.

Barring PSU banks, promoting strain was seen throughout the sectors with pharma witnessing steep correction.

Elsewhere in Asia, bourses in Hong Kong and Seoul ended on a constructive be aware. Inventory exchanges in Shanghai and Tokyo had been closed for holidays.

Equities in Europe had been largely buying and selling with positive factors in mid-session offers.

In the meantime, worldwide oil benchmark Brent crude was buying and selling 1.79% increased at USD 68.77 per barrel.

(With inputs from PTI)

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