Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity market benchmarks BSE Sensex and Nifty 50 settled over 1 per cent lower in Tuesday’s volatile session. The 30 share index Sensex fell 414 points or 1.20 per cent to end at 33,956, while the broader Nifty 50 index ended the session at 10,046, down 121 points or 1.19 per cent. Out of 30 Sensex stocks, 21 scrips finished their trade in negative territory with ICICI Bank as the top loser, down 3.15 per cent. Among other Sensex losers were Bharti Airtel, HDFC Bank, Bajaj Finance, Kotak Mahindra Bank and Axis Bank. On the flip side, IndusInd Bank led the pack of gainers on Sensex. Sun Pharma, M&M, HDFC, ITC, Asian Paints and UltraTech Cements were among other gainers on the index. Most of the Nifty sectoral indices ended in red, with Nifty Media and Nifty Bank declining the most, down 3.29 per cent and 2.18 per cent, respectively.
India’s economy will shrink by 3.2 per cent in the current fiscal, the World Bank said on Monday as it joined a chorus of international agencies that are forecasting a contraction in growth rate due to the coronavirus lockdown halting economic activity. The Washington-based multilateral lender said that the COVID-19 pandemic and the multi-phased lockdown imposed to curb its spread has resulted in a devastating blow to the Indian economy.