Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity market benchmark indices Sensex and Nifty ended the financial year 2019-20 on a higher note, gaining over 3.5 per cent each on Tuesday. The 30-share index Sensex ended 1,028 points or 3.62 per cent up at 29,468.49, while the broader Nifty 50 index settled at 8,597 points. As many as 25 stocks out of 30 Sensex stocks finished their trade in green today. ITC was the top Sensex gainer, up 7.84 per cent, followed by RIL, ONGC and Tata Steel. Conversely, IndusInd Bank was the top laggard on the index, down 14.68 per cent. Maruti, Bajaj Finance, Titan and Kotak Mahindra Bank were other losers on Sensex. All the sectoral indices settled in a positive territory today. Nifty FMCG index gained 5.76 per cent driven by Britannia, ITC and Marico. Similarly, Nifty Metal index was up 5.19 per cent led by gains in SAIL, Hindalco and Hindustan Copper.
Domestic credit rating agency India Ratings (Ind-Ra) on Monday cut its FY21 growth forecast to 3.6 per cent amid coronavirus-related worries. Fitch Solutions on Monday slashed its estimate for India’s GDP growth in the fiscal starting April 1 to 4.6 per cent due to weaker private consumption and contraction in investment amid coronavirus outbreak, costing economies around the globe.