Indian Share Markets Finish in Red

Share Markets in India continued their weak trade in late afternoon session on account of selling in front line bluechip stocks. 

At the closing bell, the BSE Sensex stood lower by 188 points, while the NSE Nifty finished down by 63 points. Meanwhile, the BSE Mid Cap and the BSE Small Cap finished down by 0.3% and 0.1% respectively.

Metal stocks and oil & gas stocks were among the top losers today.

 
Meanwhile, here is a list of BSE gainers today.

The rupee was trading at Rs 65.09 against the US$ in the afternoon session. Oil prices were trading at US$ 47.61 at the time of writing share market news.

SBI share price finished up by 1.1% in today’s trade after the bank received its board approval to dilute 10% of its stake in the life insurance venture SBI Life through public offer. Of the 10% stake on offer in SBI Life Insurance Company, 8% will be sold via an offer for sale, while the remaining will be fresh issuance of shares. 

For more details, see the SBI company fact sheet and quarterly results. For a sector overview, read our banking sector report.

Bank (PSU) stocks finished on a firm note with Bank of India share price and PNB share price leading the gains.

If you have any query, use Equitymaster's online stock screener to scan stocks listed in BSE and NSE stock exchanges in India using various key metrics like share price, market cap, P/E ratio, dividend yield and more.

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