Home Blog “Stock Market Update: IT and select banking stocks weigh down on Sensex and Nifty performance.”

“Stock Market Update: IT and select banking stocks weigh down on Sensex and Nifty performance.”

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“Stock Market Update: IT and select banking stocks weigh down on Sensex and Nifty performance.”

Sensex, Nifty updates on 23 February 2024: all through Friday’s buying and selling session, India’s benchmark inventory indices, Sensex and Nifty, went through a unstable section and ended lower because of promoting strain in IT and select banking shares. The BSE Sensex closed at 73,142.80, slipping 15.44 factors, with 17 additives in the pink and thirteen in the green. even though it opened higher, income-taking activities led to losses later inside the day, with the index fluctuating among 73,413.93 and seventy three,022. the broader Nifty of NSE additionally closed decrease at 22,212.70, down four.75 points. at the same time as FMCG, pharma, and financial shares received, losses in IT and personal bank stocks offset those profits. On the global front, markets were commonly better, following magnificent quarterly effects through Nvidia that brought about sturdy gains in US markets.

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