Sensex drops 152 points; Fed decision eyed
The Hindu
Nifty declined by 39.95 points or 0.25% to close at 15,692.15.
Equities ended lower for the fourth straight day on Wednesday, with the Sensex falling 152 points in volatile trade amid mixed global cues and unabated foreign capital outflows.
The BSE benchmark settled 152.18 points or 0.29% lower at 52,541.39. During the day, it dropped 200.21 points or 0.37% to 52,493.36.
The NSE Nifty declined by 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.
Markets in Europe were trading higher in mid-session deals.
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Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.
Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.
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Mines Ministry to auction 19 critical mineral blocks on March 23, expanding strategic resources for clean energy and technology sectors.
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Five top firms lose ₹1 lakh crore in market value, with HDFC Bank experiencing the largest decline of ₹56,124.48 crore.
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