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Stock Market Highlights, September 04: Sensex drops 203 points, Nifty points listed below 25,200 Financial institutions, IT move News on Markets

.Stock Market Highlights on Wednesday, September 4, 2024: Benchmark equity indices ended in red, along with Nifty50 losing hope its own 14-day winning touch, on Wednesday, weighed by bad global sentiments.The BSE Sensex dropped 202.80 spots or even 0.25 percent to work out at 82,352.64, while the NSE Nifty50 dropped 81.15 spots or even 0.33 per cent to end at 25,198.70 on Wednesday.31 out of fifty component inventories of Nifty50 finished lower, yanked by Wipro, Coal India, ONGC, Hindalco, and also LTIMindtree with losses of as much as 3.05 per cent. In The Meantime, Oriental Paints, Grasim Industries, Hindustan Unilever, UltraTech Concrete, and also Sunshine Pharma led the gains of as much as 2.50 percent amongst the various other component sells on the index.Similarly, on the BSE, 19 away from 30 provided stocks of Sensex ended at a loss, tugged by Mahindra &amp Mahindra, ICICI Banking Company, Condition Financial Institution of India, as well as Center Financial institution with a fall of up to 1.29 percent. At The Same Time, Oriental Paints, Hindustan Unilever, and also Ultratech Concrete were one of 11 supplies that finished along with gains of up to 2.39 percent.More comprehensive marks likewise resolved lower except for pick Midcap, and also Smallcap inventories. The Nifty Smallcap mark attacked a document higher during the course of intra-day packages having said that, it pulled back to upright a flat note.Among the industry indices, IT, PSU Bank, Automotive, Financial Companies, and also Metal led the reductions with a fall of approximately 1.69 percent, while FMCG, Pharma, Media, Real Estate, as well as Health care eked out gains of approximately 1.09 percent. The Bank Nifty mark popped its own four-session getting streak, debased by Federal Financial Institution, and Banking Company of Baroda, which led the reductions..The Nifty IT mark decreased for the 2nd session, mainly debased through Wipro. Meanwhile, the Nifty PSU Banking company index additionally dropped for the 2nd treatment, along with Financial institution of India, and Punjab Sind Bank being actually the top sectoral loss.

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