Thursday, May 8 2025 | Time 21:52 Hrs(IST)
Business Economy


Sensex down 411.97 pts

Sensex down 411.97 pts

Mumbai, May 8 (UNI) The BSE Sensex on Thursday dropped 411.97 pts to settle at 80,334.81 as selling was seen across the board despite positive global cues.

The National Stock Exchange (NSE) declined 140.60 pts at 24,273.80.

The Sensex opened in green at 80,912.34, rising 166 pts. It was registered days high at 80,927.99, up 181 pts .

Later, it is erasing early gains as investor sentiment turned cautious amid growing concerns over escalating India-Pakistan tensions, during the day it was tanked 759 pts at 79,987.61, days low, before closing at 80,334.81, sliding 411.97 pts from its previous close.

The Nifty registered days high at 24,447.25

and low at 24,150.20 pts.

All the stocks were in red. Realty was a major loser, declining 2.60 pc followed by Oil and Gas by 1.98 pc, Metal by 1.79 pc and Powergrid by 1.86 pc.

The Mid cap declined 1.90 pc and Small cap by 1.05 pc.

In 30 scrips, 4 advanced while 26 declined.

The losers were Eternal by 3.97 pc to Rs 227.50, M& M by 3.36 pc to Rs 3014.95, Bajaj Finance by 2.19 pc to Rs 8789.05 and Maruti Suzuki by 2.04 pc to Rs 12371.35.

The gainers were Axis Bank by 0.70 pc to Rs 1170, HCL Technology by 0.67 pc to Rs 1573.10, Kotak Bank by 0.33 pc to Rs 2102.30 and Titan by 0.05 pc to Rs 3341.95.

UNI NV GNK

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..