Markets trade flat after two days of sharp rally

Wed, 16 April 2025

10:10

Equity benchmark indices were trading flat in early trade on Wednesday amid sluggish global market trends due to rising US-China trade tensions. After two days of sharp rally, the 30-share BSE benchmark Sensex declined 165.3 points to 76,569.59 in early trade.

The NSE Nifty dipped 51.55 points to 23,277. From the Sensex firms, Maruti, Sun Pharma, NTPC, Tata Steel, Reliance and Infosys were the biggest laggards. IndusInd Bank, Axis Bank, State Bank of India and Kotak Mahindra Bank were among the gainers.

In Asian markets, South Korea's Kospi index, Tokyo's Nikkei 225, Shanghai SSE Composite index and Hong Kong's Hang Seng were quoting lower. US markets ended in the negative territory on Tuesday. -- PTI

TOP STORIES

PIX: Punjab Kings crush RCB in rain-curtailed thriller

IMAGES from the IPL match between Royal Challengers Bengaluru and Punjab Kings at the Chinnaswamy stadium, in Bengaluru on Friday

Oppn shreds VP Dhankhar's 'super parliament' remark on SC

Rajya Sabha member Kapil Sibal has criticised Vice President Jagdeep Dhankhar for questioning the judiciary over the timeline for the president to take decisions, calling it \"unconstitutional\" and a lowering of the dignity of the...

India's concerns shelve Pak-Sri Lanka naval exercise

India's concerns over a planned naval exercise between Pakistan and Sri Lanka in the strategically important waters of Trincomalee led to the shelving of the drills weeks ago. The exercise was planned as part of regular engagements...

Modi speaks to Elon Musk amid Trump tariff war

Prime Minister Narendra Modi spoke with Elon Musk, discussing the potential for collaboration in technology and innovation. Modi highlighted India's commitment to advancing partnerships with the US in these areas. The conversation...

8 cheetahs to be brought to India from Africa's Botswana

India is set to bring eight cheetahs from Botswana in two phases, with four arriving by May 2025. This follows the successful reintroduction of cheetahs to Kuno National Park in Madhya Pradesh, with the population now at 26, including 14...