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  1. SENSEX opens 200 pts lower, NIFTY holds 25,000; SBI slips 2%, Bajaj Finance up 1%

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SENSEX opens 200 pts lower, NIFTY holds 25,000; SBI slips 2%, Bajaj Finance up 1%

Upstox

2 min read | Updated on September 06, 2024, 10:00 IST

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SUMMARY

At 09:21 AM, the S&P BSE SENSEX was trading at 82,014.46 levels, down 187 points, or 0.23%, while the NSE's NIFTY was quoting 44 points, or 0.17%, lower at 25,101.20.

SBI (down nearly 2%) was the biggest loser on the SENSEX

SBI (down nearly 2%) was the biggest loser on the SENSEX

As indicated by GIFT Nifty futures, the domestic equity market opened in the red on Friday, September 6, amid selling in telecom and banking stocks.

At 09:21 AM, the S&P BSE SENSEX was trading at 82,014.46 levels, down 187 points, or 0.23%, while the NSE's NIFTY was quoting 44 points, or 0.17%, lower at 25,101.20.

SBI (down nearly 2%) was the biggest loser on the SENSEX. Next on the list was NTPC (down nearly 1%) and UltraTech Cement (down 0.8%).

On the other hand, Bajaj Finance twins (both over 1%) were the top gainers.

BUZZING STOCKS

Indigo Paints was down over 3.5% amid reports that Peak Partners will sell a 11% stake in Indigo Paints via block deals. The offer price is set at ₹1,470 per share, which is at a 4.6% discount to the last traded price. The offer size is reported to be ₹770 crore.

Matrimony.com was trading over 1.7% higher at ₹818 on the BSE after the company's board approved a share buyback programme valued at ₹72 crore. The company will buy back up to 7 lakh equity shares, representing 24.85% of its total equity capital.

In the broader market, the BSE MidCap index was trading 0.42% higher at 49,197.29 levels, while the BSE SmallCap index was ruling 0.73% higher at 56,934.22 points. 

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Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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