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Stock Market Highlights, Sept 04: Sensex drops 203 places, Nifty points below 25,200 Banks, IT tug Updates on Markets

.Securities Market Highlights on Wednesday, September 4, 2024: Benchmark equity indices ended in reddish, with Nifty50 surrendering its own 14-day winning touch, on Wednesday, analyzed through adverse worldwide sentiments.The BSE Sensex lost 202.80 places or 0.25 percent to resolve at 82,352.64, while the NSE Nifty50 lost 81.15 places or even 0.33 per-cent to finish at 25,198.70 on Wednesday.31 out of 50 constituent inventories of Nifty50 finished lower, dragged through Wipro, Coal India, ONGC, Hindalco, and also LTIMindtree with losses of up to 3.05 per-cent. Meanwhile, Eastern Paints, Grasim Industries, Hindustan Unilever, UltraTech Cement, as well as Sunshine Pharma led the increases of as much as 2.50 per-cent one of the various other component supplies on the index.Similarly, on the BSE, 19 away from 30 provided stocks of Sensex finished in the red, dragged through Mahindra &amp Mahindra, ICICI Banking Company, State Bank of India, and also Center Banking company with a fall of up to 1.29 per cent. On The Other Hand, Asian Coatings, Hindustan Unilever, and Ultratech Concrete were amongst 11 supplies that finished with gains of up to 2.39 percent.More comprehensive marks additionally settled lower other than choose Midcap, and Smallcap sells. The Nifty Smallcap mark hit a file higher during the course of intra-day offers however, it pulled back to upright a level details.Amongst the sector marks, IT, PSU Banking Company, Vehicle, Financial Services, and Metal led the losses along with a loss of as much as 1.69 per cent, while FMCG, Pharma, Media, Realty, and Medical care eked out gains of approximately 1.09 per-cent. The Bank Nifty mark snapped its four-session getting streak, debased through Federal Banking Company, and Banking Company of Baroda, which led the reductions..The Nifty IT index decreased for the 2nd session, mostly debased by Wipro. In the meantime, the Nifty PSU Financial institution index additionally decreased for the second session, with Banking company of India, as well as Punjab Sind Financial institution being the best sectoral losers.

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