Sensex erased early gains, falls 100 pts, Nifty below 23,550; Bharti Airtel up 7%, PNB Housing down 4%
From Economic Times: 2024-06-20 00:05:13
In early trade, the Indian Rupee fell 1 paisa to 83.45 against the US dollar. Stock Market LIVE Updates show that there is significant sectoral churn, with money flowing into largecaps in banking and profit booking in sectors like capital goods, telecom, metals, and FMCG. FII selling trend appears to be over, with both FIIs and DIIs turning buyers.
Stock Market LIVE Updates also report a block deal involving Suzlon Energy and PNB Housing Finance. Asian stocks are holding steady, while Tokyo shares drift lower. In the global market, S&P 500 futures rose, and Brent oil prices increased due to Middle East war jitters.
Read more at Economic Times: Sensex Today | Stock Market LIVE Updates: Sensex erases early gains, falls 100 pts; Nifty below 23,550; Bharti Airtel climbs 7%, PNB Housing drops 4%