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Thursday, October 19, 2023

Earnings-driven gains in key stocks help sensex, Nifty cap losses

Indian shares fell on Thursday, driven by global stock selloffs due to tensions in the Middle East. However, gains in key Nifty 50 constituents limited the losses. The NSE Nifty 50 index settled 0.24% lower, while the S&P BSE Sensex fell 0.38%. Metals and high-weightage banks were among the top losers, while the auto and consumer indices saw gains. Rising US Treasury yields and foreign portfolio investor (FPI) selling were also concerns. Wipro and Ultratech Cement were among the top losers and gainers, respectively.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Y0VXEMy

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