Tag: Tech Mahindra
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Sensex, Nifty decline amid IT stock selloff and US tariff concerns
New Delhi: Benchmark indices Sensex and Nifty closed lower on Thursday as IT and tech stocks saw heavy selling following US President Donald Trump’s announcement of reciprocal taxes on 60 countries, including India. The 30-share BSE Sensex ended 322.08 points, or 0.42%, lower at 76,295.36. During intraday trade, it plunged 809.89 points, or 1.05%, to…
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Stock market slips after early gains; Sensex, Nifty trade lower
New Delhi: After seven consecutive days of gains, the stock market reversed early gains on Wednesday and slipped into negative territory. The 30-share BSE Sensex initially rose 150.68 points to 78,167.87, while the NSE Nifty climbed 67.85 points to 23,736.50. However, both indices later turned negative. The Sensex was trading 73.05 points lower at 77,928.26,…