SME Times is powered by   
Search News
Just in:   • CA Technologies Study Reveals Rapid Momentum of DevOps Adoption  • Infosys Partners with MTDC to Open a Tourism Pavilion in Pune  • $1 tn extra GDP by 2020 - If all Indians get online  • Short covering lifts stock markets  • Unfortunate that I could not meet Sahara members: Subrata Roy 
Last updated: 27 Sep, 2014  

BSEnew.Thmb.jpg Sensex falls 110 pts; banking, oil and gas stocks slump

BSE.9.Down.jpg
   Top Stories
» GDP growth estimated at 7.7 pc for 2016-17: FICCI Survey
» India growing at 7.5 pc amid global slowdown: FM
» 'Will never take country on wrong path, always work for people'
» Country's Q4, 2015-16 GDP data due on Tuesday
» NDA Govt highlights achievements at gala event in New Delhi
SME Times News Bureau | 31 Jan, 2013
A benchmark index for Indian equities markets fell 110 points Thursday due to profit-booking in banking, oil and gas and auto stocks, even as January derivatives expired.

The 30-scrip Sensitive Index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the negative at 19,987.28 points, ended the day at 19,894.98, down 0.55 percent or 110.02 points from its previous day close at 20,005 points.

The Sensex touched a high of 20,008.83 points and low of 19,865.72 points in the intra-day. The expiry of January derivatives kept the markets volatile towards the end of the session.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) closed 0.35 percent or 21 points down at 6,034.75 points.

There was profit-booking in banking stocks, which had risen sharply this week due to rate cut by the Reserve Bank of India (RBI).

Banking index of the BSE dropped 0.42 percent. Oil and gas index declined 0.42 percent, IT index fell 0.26 percent and auto index declined by 0.11 percent.

The country's largest lender ICICI Bank slumped 1.93 percent at Rs.1190.85 after rising by 6.5 percent in the previous day.

Other major Sensex losers were Tata Power, down 2.17 percent at Rs.101.20; HDFC Bank, down 1.87 percent at Rs.643.40; Bharti Airtel, down 1.52 percent at Rs.339.40; and RIL, down 1.39 percent at Rs.886.55.

Only 11 of the 30 Sensex scrips closed in the positive terrain. BHEL, up 2.36 percent at Rs.227.70; Sun Pharma, up 1.33 percent at Rs.718.25; Hero MotoCorp, up 1.31 percent at Rs.1823.40; and ITC, up 1.25 percent at Rs.307.40 were among the major Sensex gainers.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.90
65.85
UK Pound
96.35
94.20
Euro
75.95
74.10
Japanese Yen 61.15 59.75
As on 31 May, 2016
  Daily Poll
Will new National IPR Policy foster innovation, R&D?
 Yes
 No
 Can't Say
  Commented Stories
» Starting an import export business: Basic guide for beginners(3)
» The promise of e-commerce(1)
» Bread makers not to use potassium bromate, iodate; CSE hails decision(1)
» Mamata announces focus on youth, ailing tea gardens(1)
» The Silk Road - A journey through history(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter