Market at Close: HDFC Bank, ICICI, and Axis drag Nifty below 22,000

By Priyanka Deshpande CNBC-TV18.com Published April 18, 2024

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[{"selector":"#anim-9ac3f3f3-ee1c-433f-b48d-56393033b7ca","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6a7c7e48-e42d-4e78-b6c0-e72cabd6fbd0","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 256.44457%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty gives up 22,000, ends at lowest closing level in a month

[{"selector":"#anim-611076bf-6761-497c-8de4-7c49cf161860","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-887cba57-2a3a-46a7-85a9-a52da62b955d","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 187.30155%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] BSE-listed companies erase market cap of more than ₹1 lakh crore on April 18

[{"selector":"#anim-7874226a-7be4-4044-b9f8-c506b6469d08","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-46f302fe-5613-427c-8147-c3ece9e9d199","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 38 of 50 Nifty constituents end in the green, financials a major drag

[{"selector":"#anim-fb935ba3-26d3-4dda-93f8-b18b05151805","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5fa69779-d9a8-482d-8a78-9f2286c8736b","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 246.44458%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] HDFC Bank, ICICI, Axis & ITC drag Nifty most

[{"selector":"#anim-6a58449d-eea6-4012-ae09-5f81e3ca8aa9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-71d1b8b2-64de-4d61-a942-bc04609ae0df","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 206.78203%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sensex falls 455 points to 72,489 & Nifty 152 points to 21,996

[{"selector":"#anim-c9c5f550-e7a0-4b9b-805a-9f07b6e5d887","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-45e9a693-a05e-44b0-9cf5-8a1548910b11","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 235.35344%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty Bank slips 415 points to 47,069 & Midcap Index 241 points to 48,996

[{"selector":"#anim-9a1c1ec5-b037-447e-a87a-5102d8a50049","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-49c4cacf-331c-415e-8337-3c78f5e683ca","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 188.60023%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Fall in crude leads to a buying in oil marketing companies, stocks up 3-4%

[{"selector":"#anim-23e87498-a15a-4b41-b17f-b68798c59b0f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-184c1984-6828-4b6c-8b18-7076e8d0be9f","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 189.89891%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] MCX sees buying ahead of quarterly earnings, stock near record high

[{"selector":"#anim-bb19e0ce-dee4-487f-af4b-eb931c4f0e30","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-30aaf2fc-e24d-401d-a2b0-141392dc9d5d","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 206.78203%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] City Gas companies come under pressure, IGL & MGL fall up to 5% each

[{"selector":"#anim-7a52b124-dbee-4825-9af7-66defd4da3ca","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-99817c17-afe4-4313-92a6-50dc2f345888","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 258.73013%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Reports of Nestle w.r.t extra sugar in Cerleac drags the stock, down 5% Read More

[{"selector":"#anim-ae9fb8bc-7644-4b37-8799-d9426f44234a","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Thanks For Reading! JNK India IPO opens on April 23; price band set at ₹395 to ₹415 per share Read More