Sensex drops 68 points to close at 57,232; Nifty ends session at 17,054 - Hindustan Times
close_game
close_game

Sensex drops 68 points to close at 57,232; Nifty ends session at 17,063

PTI |
Feb 23, 2022 04:04 PM IST

The Sensex closed 0.12% at 57,232.06 and the Nifty ended 28.95 points down at 17,063.25.

Market gauges Sensex and Nifty extended their losing streak to the sixth session on Wednesday as lingering Ukraine crisis continued to dent investor sentiment.

File photo (Reuters)
File photo (Reuters)

The Sensex closed 68.62 points or 0.12 per cent lower at 57,232.06 and the Nifty ended 28.95 points or 0.12 per cent down at 17,063.25.

Unlock exclusive access to the latest news on India's general elections, only on the HT App. Download Now! Download Now!

For better part of session, both indices traded in the positive territory tracking mostly higher Asian peers as investors hoped that Western sanctions on Russia after Moscow's troop movements near Ukraine border might soften Vladimir Putin defiant tone and leave some room to avoid war.

The Sensex breadth was equally divided between gains and losses.

NTPC, L&T, Nestle and ICICI Bank shares dropped the most on the index.

Elsewhere in Asia, bourses closed mostly higher, hoping that war in Ukraine can be avoided after the US, Japan and European powers imposed sanctions on Russia.

Stocks closed lower on Wall Street on Tuesday after Russia sent forces into Ukraine's eastern regions, escalating tensions.

Russian President Vladimir Putin recognised the independence of two rebel-held regions of Ukraine, raising fears of an imminent full-scale invasion.

US Secretary of State Tony Blinken on Tuesday cancelled his scheduled meeting with his Russian counterpart Sergei Lavrov later this week in protest against what he said was the beginning of Russia’s invasion of Ukraine.

Brent crude futures were last steady at USD 96.74 a barrel, having eased off Tuesday's top of USD 99.50.

Foreign institutional investors continued their selling spree in Indian markets as they offloaded shares worth 3,245.52 crore on a net basis on Tuesday, as per exchange data.

Tell us what your First Vote will stand for in a short video & get a chance to be featured on HT’s social media handles. Click here to know more!

Get Current Updates on India News, Elections 2024,, Election 2024 Date along with Latest News and Top Headlines from India and around the world.
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Sunday, May 19, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On