Share Market News Today | Sensex, Nifty, Share Prices Highlights: Sensex and Nifty ended Tuesday’s session with gains, partially recovering Monday’s losses. S&P BSE Sensex was up 272 points while the Nifty 50 ended at 11,470. Benchmark indices scaled down from their intraday highs amid a volatile trading session. Bharti Airtel, Asian Paints, and Bajaj Finance were the top gainers on Sensex while ONGC, Axis Bank, and Tech Mahindra were the top drags. Volatility slipped 5% but scaled as high as 23 levels during the week. Nifty Midcap Indices out-performed benchmark indices. Among sectoral indices, Nifty IT, Nifty Private Bank, and Nifty PSU Bank ended with losses.
Hit by the lockdown in the first quarter of the current fiscal year, India’s economy contracted by 23.9%. The gross value added, which captures what accrues to the producer/service provider before a product or service is sold, shrank at an unheard-of rate of 22.8% in the first quarter. While manufacturing, Services, and construction declined, agriculture GVA was up 3.4%. India’s GDP growth figures are one of the worst among nations that have so far released the data.