The BSE SENSEX declined by 385.74 points (-0.51%) to stand at 74,516.85, pressured by losses across banking and heavyweights. The index opened at 74,309.16 and traded within a intraday range between a low of 74,160.16 and a high of 74,584.35, following its previous session close of 74,902.59. IT stocks provided support to the index, led by gains in HCLTECH (+1.88%), TECHM (+1.69%), and INFY (+0.89%), alongside consumer stocks like ITC (+0.81%). Conversely, market losses were driven by drops in TATASTEEL (-1.96%), INDIGO (-1.78%), BAJFINANCE (-1.74%), and HDFCBANK (-1.39%). From a valuation standpoint, the index trades at a P/E ratio of 19.84, a P/B ratio of 4.02, and a dividend yield of 1.10%, staying well within its 52-week range of 71,545.81 to 86,159.02.
✍️ Vikrant Kharwar
Vikrant Kharwar is the Founder and Editor of News Us Media. He writes about trending news, sports, entertainment, technology, and viral stories. His goal is to make news simple, informative, and easy to understand for readers across the United States and around the world.
