Sensex down 152 points; Keeping an eye on the Fed’s decision

Author: Nishu June 15, 2022

 Sensex down 152 points;  Keeping an eye on the Fed's decision


Nifty closed 39.95 points or 0.25% lower at 15,692.15.

Nifty closed 39.95 points or 0.25% lower at 15,692.15.

Equities fell for the fourth straight day on Wednesday with the Sensex falling 152 points in volatile trade amid mixed global cues and unabated foreign capital outflow.

The BSE benchmark ended 152.18 points or 0.29% lower at 52,541.39. It closed 200.21 points or 0.37% lower at 52,493.36 during the day.

The NSE Nifty fell 39.95 points, or 0.25%, to 15,692.15.

From the Sensex pack, NTPC, Infosys, Reliance Industries, Hindustan Unilever, Wipro, Tech Mahindra and PowerGrid were the major laggards.

On the other hand, Bajaj Finserv, Bajaj Finance, Tata Steel and Larsen & Toubro were among the gainers.

Elsewhere in Asia, markets in Seoul and Tokyo ended lower, while Shanghai and Hong Kong settled in the green.

European markets were trading higher in mid-session deals.

Stock exchanges in the US closed on a mixed note in the overnight session.

Ajit Mishra, VP of Research, Research, said, “Equity markets traded with panic ahead of US Fed Meet results. Morning saw a firm footing, second half selling pressure dragged indices down. All eyes on US Fed Meet on the result.” , Religare Broking Ltd.

Meanwhile, international oil benchmark Brent crude fell 1% to $120 a barrel.

Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 4,502.25 crore on Tuesday, according to exchange data.

Author: Nishikant

My name is Nishikant, I work as Sub Editor at newscinema.in

15 June, 2022, 4:29 pm

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Wednesday, 15th June 2022

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