Indian shares slightly lower as investors await Federal Reserve's decision; healthcare stocks outperform
From Nasdaq MarketSite Broadcast Studio: 2024-12-17 23:32:58
Indian shares were slightly lower as investors awaited the Federal Reserve’s interest-rate decision. The Sensex was down 231 points, while the Nifty index dropped 64 points. Maruti Suzuki, BEL, Larsen & Toubro, Power Grid Corp, and Tata Motors declined, while healthcare stocks like Cipla and Sun Pharma rose. Tarc fell 5.3%, Zomato dropped 1%, and NHPC dipped 0.5%. Exide Industries gained 1% after announcing a Rs 100 crore investment, REC declined 2% after raising Rs 2,195 crore through bonds, and Jindal Saw jumped 2% after acquiring a stake in ReNew Green Energy.
Read more at Nasdaq MarketSite Broadcast Studio: Sensex, Nifty Modestly Lower; Healthcare Stocks Outperform