Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks Sensex and Nifty extended the losses to close lower on Thursday as the index heavyweights such as HUL, RIL and TCS traded with minor cuts. The S&P BSE Sensex ended 153 points or 0.37 per cent lower at 41,170 points while the broader Nifty 50 index settled at 12,080 points, down 46 points or 0.37 per cent. As many as 16 out of 30 Sensex stocks were trading in red. Asian Paints was the top laggard on the Sensex pack, down 2.13 per cent, followed by HUL, TCS, RIL, Nestle India and Tech Mahindra. On the flip side, IndusInd Bank was the top gainer with a growth of 3.58 per cent. Tata Steel, SBI, Power Grid, ONGC, Bharti Airtel were among other gainers on the index. Sectoral indices traded mixed today. Nifty PSU Bank index finished 1 per cent higher led by gains in J&K Bank, SBI, Bank of Baroda and Indian Bank. While Nifty FMCG index lost 200 points dragged down by HUL, Emami and UBL.
Financial institutions in India will continue to face a difficult operating environment amid the macroeconomic slowdown and weak funding conditions, said Fitch Ratings on Wednesday. The rating firm said that retail-focused non-banking finance companies (NBFCs) and those backed by large corporate groups would be able to tap the markets better, while those with large wholesale books and housing finance companies are the most at risk.