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Stock Market Features, September 04: Sensex sheds 203 points, Cool ends below 25,200 Banks, IT drag Information on Markets

.Securities Market Features on Wednesday, September 4, 2024: Benchmark equity indices ended in red, along with Nifty50 surrendering its 14-day winning touch, on Wednesday, examined by unfavorable global sentiments.The BSE Sensex lost 202.80 points or even 0.25 per cent to settle at 82,352.64, while the NSE Nifty50 fell 81.15 spots or even 0.33 per-cent to finish at 25,198.70 on Wednesday.31 out of 50 element stocks of Nifty50 ended lower, pulled through Wipro, Charcoal India, ONGC, Hindalco, and LTIMindtree with losses of approximately 3.05 percent. Meanwhile, Oriental Coatings, Grasim Industries, Hindustan Unilever, UltraTech Concrete, as well as Sun Pharma led the gains of around 2.50 percent amongst the various other constituent sells on the mark.Likewise, on the BSE, 19 away from 30 specified stocks of Sensex finished in the hole, dragged through Mahindra &amp Mahindra, ICICI Financial Institution, State Financial Institution of India, and Center Banking company along with a loss of approximately 1.29 percent. In The Meantime, Oriental Paints, Hindustan Unilever, as well as Ultratech Cement were among 11 supplies that ended along with increases of approximately 2.39 percent.Wider indices likewise settled reduced other than pick Midcap, and Smallcap supplies. The Nifty Smallcap index struck a report high during the course of intra-day packages having said that, it retreated to upright a flat keep in mind.Among the sector indices, IT, PSU Bank, Vehicle, Financial Solutions, and also Metallic led the losses with a fall of approximately 1.69 percent, while FMCG, Pharma, Media, Real Estate, as well as Medical care eked out gains of up to 1.09 per-cent. The Bank Nifty mark snapped its four-session getting streak, debased through Federal Banking Company, and Bank of Baroda, which led the losses..The Nifty IT index dropped for the 2nd session, generally dragged down by Wipro. In the meantime, the Nifty PSU Banking company mark additionally dropped for the 2nd session, along with Financial institution of India, and also Punjab Sind Banking company being actually the leading sectoral losers.