MUMBAI: Due to weak global cues, there has been a sell-off in the domestic stock market in the business of March 5. While the Sensex has lost 441 points, the Nifty has also closed below 15000. The rise in bond yields in the US saw pressure on the US markets. Other markets of the world have also been affected. Currently, the Sensex is down 441 points at the end of trading and has closed at the level of 50405.
At the same time, the Nifty has seen weakness around 143 points and it has closed at the level of 14938. Most of the major indexes including banks, financials have closed in red mark. ONGC is again up again today with the rise in crude prices. At the same time, IndusInd Bank and SBI have been included in the top losers. Talking about global signals, today there is a sell in Asian markets. While on Thursday, the Dow Jones closed at a low of 346 points.
In today’s trade, 21 stocks of Sensex 30 have been seen falling, while 9 have been rising. Top gainers include ONGC, Kotak Mahindra Bank, Maruti, Nestle India, Ultratech Cement, HUL, L&T and Reliance Industries. At the same time, the top losers include IndusInd Bank, SBI, Dr Reddy’s, ICICI Bank, NTPC, HCL Tech, Bajaj Finserv and PowerGrid.
