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Stock Market Highlights, Sept 04: Sensex drops 203 places, Clever ends below 25,200 Banking companies, IT yank Updates on Markets

.Securities Market Highlights on Wednesday, September 4, 2024: Standard equity indices ended in red, along with Nifty50 losing hope its 14-day winning streak, on Wednesday, examined through damaging worldwide sentiments.The BSE Sensex dropped 202.80 points or even 0.25 per cent to work out at 82,352.64, while the NSE Nifty50 went down 81.15 spots or even 0.33 percent to finish at 25,198.70 on Wednesday.31 out of 50 component sells of Nifty50 finished lower, pulled by Wipro, Charcoal India, ONGC, Hindalco, and also LTIMindtree along with reductions of up to 3.05 percent. In The Meantime, Asian Paints, Grasim Industries, Hindustan Unilever, UltraTech Cement, and also Sun Pharma led the gains of around 2.50 per cent among the various other element sells on the index.In a similar way, on the BSE, 19 out of 30 listed sells of Sensex finished at a loss, pulled through Mahindra &amp Mahindra, ICICI Financial Institution, State Financial Institution of India, and also Center Financial institution along with a loss of around 1.29 per-cent. Meanwhile, Oriental Coatings, Hindustan Unilever, as well as Ultratech Concrete were actually amongst 11 stocks that finished along with increases of up to 2.39 percent.More comprehensive marks additionally resolved reduced with the exception of choose Midcap, as well as Smallcap supplies. The Nifty Smallcap mark reached a report higher in the course of intra-day packages nevertheless, it pulled back to upright a flat keep in mind.One of the market indices, IT, PSU Bank, Auto, Financial Services, and Metallic led the losses along with a loss of as much as 1.69 per-cent, while FMCG, Pharma, Media, Realty, as well as Medical care squeezed out gains of up to 1.09 per-cent. The Bank Nifty mark broke its four-session getting touch, debased through Federal Financial Institution, as well as Banking Company of Baroda, which led the losses..The Nifty IT mark declined for the 2nd treatment, mainly dragged down by Wipro. Meanwhile, the Nifty PSU Bank index also decreased for the second session, with Bank of India, and also Punjab Sind Banking company being the best sectoral loss.