Sensex retreats from record peak as RIL, IT stocks skid

Mumbai, June 28 Equity benchmark Sensex reversed early gains to close 189 points lower on Monday, pressured by Reliance Industries and IT stocks, as investors gave a lukewarm response to the government’s fresh stimulus measures for Covid-hit sectors. Buying in...

Tribune News Service

Updated At : 01:26 PM Jun 29, 2021 IST

Mumbai, June 28

Equity benchmark Sensex reversed early gains to close 189 points lower on Monday, pressured by Reliance Industries and IT stocks, as investors gave a lukewarm response to the government’s fresh stimulus measures for Covid-hit sectors.

Buying in pharma stocks cap losses
A lacklustre trend in global equities further weighed on sentiment, though robust buying in pharma and metal counters capped the losses, traders said

After touching a lifetime high of 53,126.73 in opening session, the 30-share BSE index ended 189.45 points or 0.36 per cent lower at 52,735.59.

Similarly, the broader NSE Nifty settled 45.65 points down at 15,814.70. It touched an intra-day record of 15,915.65. — PTI

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Suggested Articles