Sensex gives up 450 pts from peak amid global headwinds
After touching fresh highs earlier in the session, the Sensex trimmed gains by nearly 450 points by late afternoon. Weak global cues and concerns over regional bank stress overseas triggered profit-taking in heavyweight names. The Nifty fell below 25,650 at certain points during the selloff. Key laggards included Wipro, Infosys, and ETERNAL. The cutback signals that while domestic momentum is strong, cross-border factors continue to exert pressure on late-session sentiment.
neutral
2 days ago
Sensex gives up 450 pts from peak amid global headwinds
After touching fresh highs earlier in the session, the Sensex trimmed gains by nearly 450 points by late afternoon. Weak global cues and concerns over regional bank stress overseas triggered profit-taking in heavyweight names. The Nifty fell below 25,650 at certain points during the selloff. Key laggards included Wipro, Infosys, and ETERNAL. The cutback signals that while domestic momentum is strong, cross-border factors continue to exert pressure on late-session sentiment.
neutral
Sensex gives up 450 pts from peak amid global headwinds
2 days ago
1 min read
70 words
Sensex trims ~450 pts from highs as global cues dampen strong rally in late session.
After touching fresh highs earlier in the session, the Sensex trimmed gains by nearly 450 points by late afternoon. Weak global cues and concerns over regional bank stress overseas triggered profit-taking in heavyweight names. The Nifty fell below 25,650 at certain points during the selloff. Key laggards included Wipro, Infosys, and ETERNAL. The cutback signals that while domestic momentum is strong, cross-border factors continue to exert pressure on late-session sentiment.
After touching fresh highs earlier in the session, the Sensex trimmed gains by nearly 450 points by late afternoon. Weak global cues and concerns over regional bank stress overseas triggered profit-taking in heavyweight names. The Nifty fell below 25,650 at certain points during the selloff. Key laggards included Wipro, Infosys, and ETERNAL. The cutback signals that while domestic momentum is strong, cross-border factors continue to exert pressure on late-session sentiment.