Closing Bell: Nifty ends below 15,150, Sensex falls 379 pts; PSU Banks gain

[NiveRoshni]

Closing Bell: Nifty ends below 15,150, Sensex falls 379 pts; PSU Banks gain further



Bajaj Finance, Nestle, Kotak Mahindra Bank, M&M and Shree Cements were among major losers on the Nifty, while gainers included ONGC, GAIL, BPCL, IOC and NTPC.

While Indices ended in the red on Thursday, the under ownership in PSU stocks was evident today also as several of them across sectors posted smart gains. The PSU bank index which rose 6% yesterday recorded huge gains for the second day in a row led by privatisation hopes. In the broader market, Non-Life Insurers & Paper stocks saw keen interest among investors.

While Indices ended in the red on Thursday, the under ownership in PSU stocks was evident today also as several of them across sectors posted smart gains. The PSU bank index which rose 6% yesterday recorded huge gains for the second day in a row led by privatisation hopes. In the broader market, Non-Life Insurers & Paper stocks saw keen interest among investors.

Source : https://www.moneycontrol.com/news/business/markets/share-market-live-updates-stock-market-today-february-18-latest-news-bse-nse-sensex-nifty-dish-tv-india-bharti-airtel-jindal-stainless-hisar-gmm-pfaudler-majesco-6536211.html