Stock Market Updates: Sensex Falls 300 Points, Nifty50 At 25,238; TechM, Wipro Slump Up To 6% | Markets News


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Markets are facing selling pressure, dragged by IT stocks, after Trump signed an order sharply raising H-1B visa application fees

Sensex Today

Sensex Today

Sensex Today: India’s benchmark indices, Sensex and Nifty50, started Monday’s session in the red, dragged down by IT stocks.

The BSE Sensex slipped 475.16 points to 82,151.07, while the Nifty50 fell 88.95 points to 25,238.10.

Technology shares led the decline after the US imposed a one-time $100,000 fee on new H-1B visas.

Global Cues

Across Asia, markets traded higher following a positive call between Trump and Chinese President Xi Jinping ahead of the APEC summit. Japan’s Nikkei gained 1.4% after the Bank of Japan announced plans to pare back its ETF holdings, while South Korea’s Kospi rose 0.9%.

On Wall Street, stocks closed higher Friday on expectations of further Fed rate cuts. The S&P 500 climbed 0.49% and the Nasdaq 0.72%.

Aparna Deb

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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News business markets Stock Market Updates: Sensex Falls 300 Points, Nifty50 At 25,238; TechM, Wipro Slump Up To 6%
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