Closing Bell: Sensex Snaps 2-Day Record Run, Nifty Below 25,400; Bajaj Finance Gains 3% (18-09-2024)
Market Wrap: Sensex, Nifty end in red after recording lifetime highs as Infosys, TCS trigger fall (18-09-2024)
Indian headline indices ended lower on Wednesday, led by declines in IT heavyweights Infosys and TCS. Nifty closed at 25,377.55, down 41 points, while Sensex settled at 82,948.23, down 131.43 points. Banking and financial services sectors were the only gainers among Nifty sectoral indices.
TCS inks 2-year partnership deal with McDonald’s Philippines (18-09-2024)
Tata Consultancy Services (TCS) informed that it has signed a two-year partnership with George Yang-led Golden Arches Development Corporation (GADC), master franchise holder of McDonald’s in Philippines to modernize IT Landscape for 760+ restaurants.
Stock market update: Fertilisers stocks up as market falls (18-09-2024)
The 30-share BSE Sensex closed down 131.43 points at 82948.23
China’s Shanghai Composite index rise 0.49% (18-09-2024)
There is a debate about the size of reduction after data showed U.S. retail sales unexpectedly ticked up in August in a sign of ongoing consumer resilience.
Quick Wrap: Nifty IT Index declines 3.05% (18-09-2024)
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Gainers & Losers: BSE among 13 stocks that hogged limelight on Wednesday (18-09-2024)
Indian indices closed lower, influenced by declines in IT stocks like Infosys and TCS. BSE surged on IPO hopes, while Torrent Power gained after a major contract win.