Sensex Finishes Slightly Lower
India’s BSE Sensex reversed early gains to close about 0.2% down at 73,710 on Wednesday, led by losses in financials, while rising oil prices also pressured market sentiment. Meanwhile, investors monitored quarterly earnings and the Jio Platforms IPO. Bajaj Finance dropped 3.3%, making it the top loser, after India's largest non-bank lender fallged early signs of streass in loans against gold despite reporting a strong rise in quarterly profit. Autos and metal stocks also faced pressure. On the upside, tech stocks stood out, with HCL Tech, infosys and Tech Mahindra climbing more than 3% each.
India’s BSE Sensex reversed early gains to close about 0.2% down at 73,710 on Wednesday, led by losses in financials, while rising oil prices also pressured market sentiment. Meanwhile, investors monitored quarterly earnings and the Jio Platforms IPO. Bajaj Finance dropped 3.3%, making it the top loser, after India's largest non-bank lender fallged early signs of streass in loans against gold despite reporting a strong rise in quarterly profit. Autos and metal stocks also faced pressure.
On the upside, tech stocks stood out, with HCL Tech, infosys and Tech Mahindra climbing more than 3% each.