• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

All Sectoral Indices End In The Red

OMMCOM NEWS by OMMCOM NEWS
August 25, 2023
in Business

New Delhi:  Domestic equities traded lower amid subdued global cues and inflationary concerns raised by the RBI as revealed in its meeting minutes, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.

Nifty opened gap down and remained in negative territory throughout the session to close with a loss of 121 points (-0.6%) at 19,265, while the Sensex fell 365.83 points to settle at 64,886.51.

The broader market saw some profit booking as Nifty Midcap 100 fell 0.8 per cent after touching new highs, he said.

All sectors ended in the red with major selling seen in FMCG, pharma, PSU bank, metals and realty, Khemka said.

Domestic markets came under pressure after RBI meeting minutes showed concern over rising inflation and outlook over excess liquidity.

Also, investors were cautious ahead of US Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium on Friday, he said.

S. Ranganathan, Head of Research at LKP Securities, said the benchmark indices opened weak in line with global cues ahead of the Fed meet and Powell’s speech.

(IANS)

Tags: Motilal Oswal Financial ServicesNiftySensexStock Markets
ShareTweetSendSharePinShareSend
Previous Post

INDIA Alliance To Make Major Change In Communication Strategy To Take On NDA In 2024 LS Polls

Next Post

World Athletics Championships: DP Manu, Kishore Jena Join Neeraj Chopra In Men’s Javelin Final

Related Posts

Business

Commerce Secretary Agrawal To Visit Brussels This Week To Speed Up FTA Talks With EU

October 7, 2025
Stock Market
Business

Sensex Rises 136 Points, Nifty Ends Above 25,100 As Banking Stocks Lift Markets

October 7, 2025
Nepal electricity exports to India surge to USD 56 million in the last 4 months(IN)
Business

Nepal Earns Rs 9.37 Billion From Electricity Export To India And Bangladesh

October 7, 2025
Business

India’s Exports Surge Ahead Despite Global Uncertainties

October 7, 2025
Business

World Bank Raises India’s FY26 Growth Forecast, Country To Remain World’s Fastest

October 7, 2025
Sensex and Nifty
Business

Sensex, Nifty Extend Gains On Buying In Heavyweights

October 7, 2025
Next Post
Kishore Jena

World Athletics Championships: DP Manu, Kishore Jena Join Neeraj Chopra In Men's Javelin Final

Madhumita Shukla Murder

Madhumita Shukla Murder: Ex-UP Minister Amarmani Tripathi, His Wife To Be Released From Jail

Manipur Violence: SC Directs Trial Of CBI Cases In Guwahati

Khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.