Stock market today: Sensex, Nifty fall on fag-end selloff led by bank, IT stocks; US Fed policy outcome eyed

Stock market today: Indian stock market benchmarks, the Sensex and the Nifty 50 closed in the negative territory on Tuesday, April 30, due to fag-end selloff amid weak global cues.

Market benchmarks opened higher and traded in the green till the final hour of the session when profit booking engulfed the market, causing key indices to enter the red zone.

Sensex closed 189 points, or 0.25 per cent, lower at 74,482.78 while the Nifty 50 closed the day at 22,604.85, down 39 points, or 0.17 per cent.

Weak global cues could be attributed to the selloff as market participants shift focus to the US Fed policy outcome on Wednesday and US jobs data on Thursday.

(More to come)

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Published: 30 Apr 2024, 03:31 PM IST

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