Friday, May 9 2025 | Time 07:08 Hrs(IST)
Business Economy


Sensex declines by 155.77 pts to 80,641.07

Sensex declines by 155.77 pts to 80,641.07

Mumbai, May 6 (UNI) Snapping the winning streak of last two sessions, the BSE Sensex on Tuesday slipped by 155.77 points in a volatile session to settle in negative at 80,641.07 on profit-booking by local operators.

The National Stock Exchange (NSE) also declined 81.55 pts to 24,379.60.

The Sensex advanced 110.40 pts to 80,907.24 in opening session and then rallied 185 pts to hit day's high of 80,981.58. Later, it nosedived by 315 pts to touch day's low of 80,481.03, before closing in red at 80,641.07, down by 155.77 pts as compared to its previous close.

The Nifty registered day's high at 24,509.65 and low at 24,331.80 pts.

Stocks that dragged the market were Realty, Power, Industrials and BSE services.

Realty tumbled 3.49 pc, followed by Power by 2.64 pc, Industrials by 2 pc and BSE services by 2.53 pc.

The Mid-cap eased by 2.16 pc and Small-cap edged lower by 2.33 pc.

Among 30 scrips, 10 advanced while 20 declined.

The losers were Eternal down by 3.15 pc to Rs 232.45, Adani Ports by 2.29 pc to Rs 1,315.90, SBI by 2.24 pc to Rs 772.30 and Tata Motors by 2.03 pc to Rs 648.20.

The gainers were Bharti Airtel by 1.66 pc to Rs 1,896.35, Tata Steel by 1.34 pc to Rs 144, Hind Unilever by 1.28 pc to Rs 2,378.50 and M&M by 1.12 pc to Rs 3,055.30.

A mixed trend was seen in Asian markets, as Strait Times was a tad up by 0.19 pc and Hang Seng by 0.70 pc while Taiwan Weighted slid by 0.05 pc and Set Composite by 0.94 pc.

UNI NV

More News
Avaana Capital leads 1 2 million dollars seed round in High Time Foods

Avaana Capital leads 1 2 million dollars seed round in High Time Foods

08 May 2025 | 7:53 PM

Bengaluru, May 8 (UNI) Avaana Capital, a venture capital fund backing deep-tech and frontier innovation, has led a USD 1.2 million seed round in High Time Foods, a food-tech startup offering cost-effective, shelf-stable plant-based protein solutions. Existing investors also participated in the round.

see more..
Airtel Africa revenue grows 21 1 pc in constant currency

Airtel Africa revenue grows 21 1 pc in constant currency

08 May 2025 | 7:49 PM

London, May 8 (UNI) Airtel Africa Ltd on Thursday reported a strong financial performance for the year ended March 31, with constant currency revenue rising 21.1 per cent to USD 4,955 million and profit after tax (PAT) swinging to USD 328 million from a loss of USD 89 million in the previous fiscal, aided by easing currency headwinds and operational momentum across its markets.

see more..
Rupee slumps 77 paise against USD

Rupee slumps 77 paise against USD

08 May 2025 | 6:25 PM

Mumbai, May 8 (UNI) The Rupee dropped for the third straight session on Thursday, depreciating by 77 paise to 85.60 against USD, on brisk demand for the greenback from foreign banks and exporters, dealers at the Forex Market said.

see more..

LG Electronics new facility in Sri City to begin operations by 2026 end

08 May 2025 | 5:13 PM

Sri City (Andhra Pradesh), May 8 (UNI) LG Electronics India Ltd (LGEIL) announced on Thursday the commencement of construction of its new manufacturing facility in Sri City at a ceremony held here.

see more..