New Delhi, 09 December (Daily Kiran) – Domestic stock markets closed lower for the second consecutive day on Tuesday as investors booked profits ahead of the US Federal Reserve’s policy decision. The Bombay Stock Exchange (BSE) Sensex dropped by 436.41 points, or 0.51 percent, to close at 84,666.28 points. Similarly, the National Stock Exchange (NSE) Nifty fell by 120.90 points, or 0.47 percent, ending at 25,839.65 points.
Among the 30 Sensex stocks, 22 ended in the red while 8 recorded gains. During trading, the Sensex hit a low of 84,382.96, down 719.73 points. Major private banks, oil, and IT shares experienced notable declines. The Nifty also touched a low of 25,728 points, down 232.55 points at one point. Stocks like Asian Paints, Tech Mahindra, HCL Technologies, Tata Steel, Maruti Suzuki India, Sun Pharmaceuticals, Tata Consultancy Services, ICICI Bank, Bajaj Finance, Ultratech Cement, Mahindra & Mahindra, and Tata Motors Passenger Vehicles saw losses. However, shares of Eicher Motors, Titan, Adani Ports, Bharat Electronics Limited, State Bank of India, Bajaj Finserv, NTPC, and Bharti Airtel closed higher.
In other Asian markets, Hong Kong’s Hang Seng, China’s Shanghai Composite, and South Korea’s KOSPI indices ended lower, while Japan’s Nikkei closed with gains. European markets were trading firm. Global benchmark Brent crude oil fell by 0.27 percent to $62.33 per barrel.
On Monday, the BSE Sensex had declined by 609.68 points, or 0.71 percent, to 85,102.69 points. The NSE Nifty also slipped 225.90 points, or 0.86 percent, to close at 25,960.55 points.
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(Daily Kiran) / Prajesh Shankar
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