Markets settle lower in highly volatile trade

Updated : Jun 01, 2023 16:34
|
PTI

Equity benchmark indices Sensex and Nifty ended lower in highly volatile trade on Thursday due to selling in banking, metal and energy counters amid a mixed trend in the global markets.

Falling for the second day in a row, the 30-share BSE Sensex declined 193 points or 0.31 per cent to settle at 62,428.54 even after a positive beginning. During the day, it fell 263.1 points or 0.42 per cent to 62,359.14.

The NSE Nifty fell 46 points or 0.25 per cent to finish at 18,487.

From the Sensex pack, Bharti Airtel fell 3.42 and Kotak Mahindra Bank declined 3.31 per cent. ICICI Bank, ITC, HDFC Bank, UltraTech Cement, HCL Technologies and Maruti were the other major laggards.

Tata Motors, Hindustan Unilever, Asian Paints, Sun Pharma, Nestle, Tata Consultancy Services, Wipro, Bajaj Finance, Axis Bank and IndusInd Bank were among the gainers.

Global oil benchmark Brent crude dipped 0.17 per cent to USD 72.48 a barrel.

Market Closed

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