Categories: Business

Extending losses from past week, equities settle low

.

New Delhi, April 25 (MondayMirror.com) Indian equity benchmarks extended their losses from the previous week and settled lower on Monday.

Market participants are worried about the rising inflation besides the likelihood of monetary policy tightening in the US.

Policy tightening, which essentially means rate hike, is a negative for the Indian market as investors typically prefer the US markets to accumulate higher returns.

On Monday, Sensex settled at 56,580 points, down 1.1 per cent, whereas Nifty was at 16,985 points, down 1.1 per cent.

Among the individual stocks, Coal India, BPCL, Tata Steel, SBI Life, and Hindalco were the top five gainers among the Nifty 50 companies, while Bajaj Auto, HDFC Bank, ICICI Bank, Axis Bank, and HDFC the top five losers, NSE data showed.

Source: IANS

G7 Newz

Recent Posts

Ridhi Dogra: Always trying to discover something new about myself

Actress Ridhi Dogra, who is all set to step into “The 50”, says that she…

12 hours ago

Raveena Tandon’s 2016 flashback hides a glimpse of little Rasha Thadani

Actress Raveena Tandon is the latest Bollywood celeb to join the ongoing "2026 is the…

13 hours ago

Viral World Reaction to Subway Fare Gate Bypass Videos in New York City

In recent days, a series of videos showing people bypassing subway fare gates in New…

13 hours ago

Priyanka Chopra & Bipasha Basu get nostalgic as their song turns into new social media trend

  and Bipasha Basu were hit by a massive wave of nostalgia as their song…

13 hours ago

Khushi Kapoor embraces her ‘health, wellness and padel era’

Actress Khushi Kapoor is clearly prioritising fitness and self-care as she steps into what she…

1 day ago

Allu Arjun’s Tokyo trip is all about family, fun and good food

Tollywood star Allu Arjun was in Tokyo, Japan, to promote his blockbuster hit "Pushpa 2:…

1 day ago